The euro dollar forex forecast pair EUR / USD today 04/10/2018
At present, formed a mixed background. On the one hand, the possible depreciation of the EURUSD to 1.1440 mark against the background of the negative dynamics of the credit markets, where yields on 10-year German government bonds is reduced in relation to their counterparts in the US and UK. Published on the eve of the release of ISM index in the US service sector pointed to the growth of the economy at the end of September at the level of 4.6%! employment data beat market expectations and on this background, tomorrow can be expected to yield a positive release of Non-Farm. On the other hand, the growth of copper and oil in the commodity market may expand pair up to 1.1540, as the euro has a strong correlation with these instruments.
EURUSD recommendation: flat 1,1440-1,1540.
Pound dollar forex forecast pair GBP / USD today 04/10/2018
Britons today are waiting for news and bad and hooroshie. Let's start with the bad - T. Mai on Wednesday night announced that the negotiations on the exit of Britain from the ES It is hard and it is difficult to say whether the parties can reach a compromise. The credit market has reacted to this statement quite naturally - the yield spread on 10-year UK and US government bonds fell, which is negative for the pound. Good news - a continuation of the bullish rally in the oil market, as between the GBP / USD and Brent observed a direct correlation.
GBPUSD recommendation: flat 1,2900-1,2990.
Dollar yen forecast forkes the USD / JPY for today 10/04/2018
Today, a great day for shopping! First, the debt market yield spread on 10-year US and Japanese government bonds has updated a maximum in the last six months, against the background of rapid growth of the US yield securities! For couples it is a strong signal to buy! Secondly, we are seeing a reduction in the fear of the VIX index, which signals continuation of growth in the US stock market. I'm still waiting for testing the level of 3000 n. On the S & P500 index at the end of the month in the background of the publication of positive quarterly corporate reports. For a pair of dollar yen is also a signal on a purchase, as USD / JPY and S & P500 have a strong correlation.
USDJPY recommendation: Buy 114,27 / 114,05 and take profit 114,81.