The main event today:
11:30 MSK. United Kingdom: PMI index for the manufacturing for September (the previous value of 52.8, forecast 52.6).
17:00 MSK. US: ISM manufacturing index for August (the previous value of 61.3, forecast 60.1).
The euro dollar forex forecast pair EUR / USD today 01/10/2018
Today EURUSD mixed dynamics. On the one hand, it is possible to reduce the rate EURUSD around 1.1530 against the background of negative on the bond market, where falling yields of German 10-year bonds to US bonds and the UK. According to the CFTC hedge funds to increase short positions euros, which is also a "bearish". However, the market for industrial metals and gold, growth is traditionally supported the euro quotes. Oil also can not be ignored - Brent grade completed in September at a maximum in the last 47 months, which is positive for the euro!
EURUSD recommendation: fl et 1,1550-1,1650.
Pound dollar forex forecast pair GBP / USD today 10/01/2018
GBP / USD today - two reasons to open long positions Buy.
The first reason, investment funds, according to the CFTC, increase purchases of sterling, which is "bullish" factor for the pair GBPUSD. Investors are waiting for the positive outcome of the negotiations of the United Kingdom and ES on Brexit.
Second, oil is now at maximum levels in the current year, and the trend is ready to continue to grow in the region of $ 83.5 / barrel for North Sea Brent blend grade. Geopolitical tensions in the Middle East pushes up oil quotes.
GBPUSD recommendation: Buy 1,3000 / 1,298 0 and take profit 1,3050.
Dollar yen forecast pair USD / JPY today 01/10/2018
According to the index of the dollar major participants on the CFTC data, increasing their purchases of the dollar index and sell Japanese yen. In such circumstances, the pair shows an upward trend. Investors are waiting for positive statistics on business activity in the industrial sector and the service sector in September in the United States from the ISM. Debt market also indicates a continuation of the "bullish" trend - the yield spread on 10-year US and Japanese government bonds demonstrates the growth, which is also positive for the pair. Against this background, waiting for a small downward correction and open positions Buy.
USDJPY recommendation: Buy 113,35 / 11 3,10 and take profit 113,90.