Thursday, 04.06.2020, 01:37
Free no deposit Bonus Forex
Welcome Guest | RSS
Site menu
Our poll
Rate my site
Total of answers: 40

Total online: 1
Guests: 1
Users: 0

Forex forecast and recommendations today 04/27/2020


Euro to dollar EURUSD forecast today 04/27/2020

In the forex market, conditions are forming for the depreciation of the American currency, and this trend can begin at any moment. Consider the situation in the interbank lending market in the United States and abroad, since it is in this market that problems arose that in the middle of last month contributed to a strong growth of the dollar. In the US, banks have reduced their applications to the Fed to a minimum through short-term financing auctions. The interbank lending rate of SOFR is at the level of 0.01%. The conclusion is simple: banks have no problems with money. In London, a trend continues to decrease in rates on dollar loans. The three-month Libor rate, which is the benchmark in Europe, is now 0.89%, the lowest level since March 16. Of course, in London the situation is not as positive as in the States, but the rate is falling and this is good. Recall

EURUSD recommendation: Buy 1.0825 / 1.0800 and take profit 1.0880





Pound dollar forecast GBPUSD today 04/27/2020

Today, the pound has two reasons for growth in forex trading. First, in the interbank market in London, there is a decrease in interest rates on loans in dollars, which will positively affect the British currency. Bankers now do not experience problems with dollar liquidity and there is no urgent need to sell off “risky assets”, including the pound. The second, possible increase in oil prices, which is also positive for the currency of Misty Albion, since the British historically correlates with black gold. According to surveys of participants in US futures markets last week, about 97% of traders were active oil sellers - this is an extreme level that in the past has led to a price upturn. Oil is now an asset that almost all traders hate. The media daily writes about the collapse of the oil market, which also indicates

GBPUSD recommendation: Buy 1.2410 / 1.238 and take profit 1.2455



Dollar yen forecast USDJPY today 04/27/2020

The bidding pair USDJPY today is strongly influenced by two multidirectional factors. The dollar yen correlates strongly with gold and the US stock market. With precious metals, the correlation is inverse, and with the stock market the correlation is direct. Since in recent days there has been an increase in both gold and the stock market, this currency pair is trading in flat. Investors apparently do not know which of these factors to give preference to. What to do in this situation? At the moment, it is advisable not to trade this particular pair, but instead to open Buy positions for gold and # SP500.

USDJPY recommendation: flat 107.00 107.80



FreshForex analytics


Views: 24 | Added by: mik | Rating: 0.0/0
Total comments: 0
Only registered users can add comments.
[ Sign Up | Log In ]
Log In
«  April 2020  »
Entries archive
Site friends
Copyright © 2020-2012Website builderuCoz