Forex. Weather on 14 November 2016
The main event today Forex:
02.50 MSK. Japan: Change in GDP for the 3rd quarter (previous value of 0.2% q / q, the forecast of 0.2% q / q).
Forex. The forecast of the currency pair EUR USD EUR / USD today 11/14/2016
Height growth rate euro dollar to ninth figures, traders should now be used to open short positions.In EUR / USD are two reasons for the continuation of decline.
The first reason , the collapse in the commodity market, it is a positive factor for the greenback, as the raw materials traded in dollars.
The second reason , the yield on 10-year US Treasury bonds, which are closely correlated dollar continues to rise to the highs, it embolden sellers to build "shorts". As American and European macroeconomic statistics today is not expected, then a correction for the euro up. Traders should use the growth in sales for the euro, as the short-term trend of the dollar side.
EUR / USD recommendation : Sell 1,0900 / 1,0950 order to take profit 1,0850.
Forex. The forecast of the currency pair Pound Dollar GBP / USD today 14/11/2016
Given the dynamics of the commodity and bond markets, sterling strongly overvalued and forex players should sell the currency Albion. The spread of English and American government bonds is reduced, it traditionally refers to the depreciation of the British. Now watch rasskoryalyatsiyu players, but it will not last forever. GBP / USD pair has a strong correlation with oil quotations which demonstrates the decline and in view of the negative news background, the bearish trend will continue to gain momentum. As oil is still waiting for reduction of quotations to 30 November. This will be a key day for the oil market: OPEC summit in Vienna or deploy the market is up or lower the quotes to new lows.
GBP / USD recommendation: Sell 1,0900 / 1,0950 with the aim of take profit 1,0850.
Forex. Forecast the dollar yen currency pair USD / JPY today 14/11/2016
Players on the pair USD / JPY in the first half of the session will pay attention to the data on Japan's GDP in the third quarter. Today, data is likely to come out slightly worse than median forecasts due to lower household spending, falling by 32.6% q / q in net exports, and slowing economic activity in the services sector. Land of the rising sun again covers deflationary disease, and at such times, there is a slowdown in economic growth. The index of "fear" the VIX on Friday closed lower by 3.8%, indicating preservation of the positive dynamics of the US stock market. Demand for risky assets will push up quotes the pair USD / JPY.
USD / JPY recommendation : Buy 106,55 / 106,20 with a view to take profit 107,20.
Aleksandr Goryachev
Company Analyst FreshForex
Results of trade Alexander Hot on his analysis of c 8 to 10 November
:
Forex Analytics → Forex. Forecast for today 23.09.2016: EUR / USD - Flete, USD / JPY - shopping!
Forex Analytics → Forex rate forecast EUR / USD 16.09.2016
Forex Analytics → Forex. Forecast for today 09.22.2016: Euro sales dollar, USD / JPY - buying
Forex Analytics → Forex. The EUR / USD forecast for today 20/09/2016
Forex Analytics → Forex. Currency pair EUR USD forecast EUR / USD today 23/09/2016
