12:30 MSK. UK: Consumer Price Index.
The signing of trade agreements the United States and China.
The euro dollar forex trading forecast for EURUSD today 15/01/2020
The last two days the pair is trading in a narrow range, and has not yet seen the reasons for the exit from the consolidation. To market showed a good trend, you need some good / bad excuse, but it, unfortunately not. Important news should note the signing of trade agreements the US and China. For the euro is a negative signal, as investors will increase purchases of risky assets, and sell safe-haven assets, which include the euro, the yen and gold. At the same time, the positive dynamics of the debt market will not allow sellers to sell seriously down euro exchange rate: the growth of the yield of German government bonds is observed on the market in relation to their counterparts in the US and UK.
EURUSD recommendation: flat 1.1110 -1.1175.
Pound Dollar forex GBPUSD forecast for today 01/15/2020
Today is an important day for the pound, will be published as a report on inflation in the UK in December. On the eve of its inflation data provided the United States, which recorded a growth rate of consumer price index. The consensus market forecast of 1.5% y / y, and if the rate will be higher, we can see a good growth of the pound prices. whether Britain will be able to surprise? Chances are, because in December there was a rise in prices for fuel and energy resources is an important component of inflation. Otherwise, we will see a sideways trend, as the output data at the level of 1.5% is not interested in the market.
GBPUSD recommendation: flat 1.3000 -1.3070
The dollar yen pair USDJPY Forex forecast for today 01/15/2020
Start the corporate reporting season in the United States took on a positive note. Leading US corporations: JP Morgan, Citigroup, Delta Air Lines pleased investors with positive data. Particularly distinguished JP Morgan Bank which increased by 9% revenue and profit by 29.7%, while the market had expected a more modest results. Today its financial results for the fourth quarter of 2019 to publish banks such as Bank of America, Goldman Sachs, United Health. Market again expected growth rate, a factor that will allow the US stock indexes # SP500 to consolidate above the psychological level of 3300 points, which have a positive impact on the value of USDJPY, as this currency pair is highly correlated with the given index.
USDJPY recommendation: Buy 109.88 / 109.70 and take profit 110.27
Analyst forecasts and forex FreshForex