Forex. The forecast of the euro / dollar (EUR / USD) as of today
Yesterday the European currency to the Asian trading session lower on Monday reached a local maximum of 1.2945, and continues to move in a sideways trend.In the morning hours before the start of the European session, the euro / dollar has faced considerable pressure "bull" amid fears of investors that the upcoming meeting of the HIF will make a statement about the more recent rate hike.
In recent days among financial analysts, there is growing speculation that the Fed will postpone a rate hike at the end of 2015 year or even later due to the slowing global economy. The announced program of quantitative easing in Europe and lower interest rates in Canada have once again shown that previously expected US monetary policy is fundamentally different from the policies of other developed countries. Correctional movement of the single European currency against the US dollar has been strengthened further disappointing data volume orders US durable. Publication of data revealed that orders fell by as much as 3.4% per cent in spite of initial expectations, which on the contrary had forecast growth of 0.3%. As a result, the pair exchange rate of the euro / dollar continued its growth, stopping only at the level of 1.1421, where it found some resistance "bears."
The euro / dollar today in the projections assume continued moderate corrective movement of the euro / dollar up to the Commission HIF speech at 22:00 GMT. Moving up to the expected levels of 1.1387, 1.1421, 1.1452, and possibly further to 1.1511. Note that the closer to the meeting, most likely, will form a sideways trend, and the volume of trade will decline.
Forex. Forecast for the pound / dollar (GBP / USD) for today
The British pound yesterday continued its correction against the US dollar and fixed sample some local resistance levels. Morning publication of GDP data showed that UK economic growth for the fourth quarter of 2014. amounted to only 0.5% instead of 0.6%, as analysts had expected. However, after these unfavorable news British pound picked up a wave of buyers and a pair GBP / USD reached 1.5222. The reason for this unexpected movement, most likely lies in the weakness of the dollar due to concerns about the postponement of interest rate hikes in the United States. Rumors say that the repeated statements by the rate increase projected for June 2015 year, is currently under question due to weak economic growth in Europe, Japan, China and emerging markets. If we look separately at the rates of the British economy, despite the mismatch with expectations, GDP growth is still higher than in other developed countries and the euro area in particular. Also, the United Kingdom, which is the main trading partner of the Eurozone is likely to benefit substantially from a new program of quantitative expansion, Mario Draghi announced last week.
The pair GBP / USD in the forecast for today assume most of the time we expect to trade sideways with a mild depreciation of the pound / dollar to levels of 1.5166, 1.5153, 1.5137. Upcoming performances Commission FOMC at 22:00 GMT. can significantly bring down the position of the pound in the case of confirmation of the planned rate hike in the United States.
Forex. The forecast rate of gold and silver today
Gold on Tuesday trading has increased significantly against the US dollar. The near term resistance for metal moved to the level of $ 1295. In the case of overcoming this resistance, gold will continue to rise to the levels of $ 1300, $ 1304 and $ 1310 per troy ounce. Immediate support for gold is now at $ 1286. If this support is broken, then gold will continue to decrease to the levels of 1280 $, 1272 $ and 1267 $ per ounce.
The nearest resistance for silver has settled at $ 18.20 per ounce. The breakdown of this resistance will mean an increase to the levels of metal 18.40 $ 18.60 $ and then to the level of $ 19 .Kratkosrochnaya support for silver is still at around $ 17.85. If the metal will overcome this support, it is likely to continue to fall to levels of $ 17.64, $ 17.47 and $ 17.20 per ounce.
Australia is to publish the value of the consumer price index, as well as the average consumer price index. In Germany, will be published index of consumer climate index of import prices. At 22:00 Moscow time the main event calendar makroekonomicheskgo environment - the announcement of the interest rate in the United States and the statement of the Federal Open Market Committee. Finally, late in the evening New Zealand will also publish the value of the interest rate, together with the accompanying statement of the Reserve Bank. There will likely not be a surprise, the rate still remains at 3.50%.
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