Forex Events today:
02.30 MSK. Japan: Consumer price index for December (the previous value of 0.5% y / y; the forecast of 0.2% y / y).
16.30 MSK. USA: Change in GDP for the 4th quarter (the previous value of 3.5% q / q, the forecast of 2.1% q / q).
Forex Forecast EUR USD EUR / USD today 01/27/2017
Two reasons for traders to sell the EUR / USD:
The first reason for optimism in global stock markets increased too, which is a negative factor for the euro as a funding currency in carry trade operations. Safe assets is not interesting to investors - we see the sale of gold and the yen. It is up to the single European currency.
The second reason for trading in US players should expect the release of positive data on US GDP for the 4th quarter, which has a positive impact on the value of the dollar. It is necessary to wait that the final figure will exceed the median of forecasts amid strong trend in the indices ISM Non-Manufacturing Manufacturing and business activity. On the credit market the yield on 10-year German government bonds is reduced in relation to their counterparts in the US and the UK, which confirms the bearish trend.
EUR / USD recommendation 27.01.2017: Sell 1,0700 / 1,0740 and take profit 1,0635.
Forex. Forecast pound dollar pair GBP / USD today 01/27/2017
In the first half of trading on the foreign exchange market is not expected to important macroeconomic statistics and, in this regard, it is not necessary for traders to open positions. It is advisable to wait for the opening of the session in the US (16.00 MSK.) And then proceed to active trading. As noted above, today we can expect a release of positive data on US GDP for the 4th quarter of 2016, which will support the greenback. This is the first assessment of the economic growth, which traditionally has a strong influence on the quotes. On the commodity market is the predominance of bearish sentiment on the majority of the assets, which in turn will also have a positive impact on the value of the US dollar.
GBP / USD recommendation: Sell 1,2610 / 1,2650 and take profit 1,2530.
Forex rate forecast pair USD JPY USD / JPY today 27/01/2017
На торгах в Азии форекс инвесторы будут ждать выхода отчета по инфляции в Японии за декабрь. Вполне вероятно даные выйдут хуже консенсус-прогноза, что вызовет новую волну роста котировок пары USD/JPY. Несмотря на существенный рост индекса цен производителей в декабре я не ожидаю высоких цифр по CPI из-за “высокой базы” декабря 2015 года. Дифференциал показателей инфляции США и Японии вновь расширится, что традиционно воспринимается трейдерами, как сигнал к покупкам, по крайней мере, в краткосрочной перспективе. Как было отмечено ранее, Америка может порадовать участников рынка позитивным отчетом по ВВП, что в свою очередь усилит восходящий тренд в паре доллар иена. Десятилетние американские казначейские облигаций вновь торгуются с доходностью выше 2,5%, что увеличивает привлекательность инвестиций в активы Штатов.
USD / JPY recommendation: Buy 114,20 / 113,80 and take profit 114,95.
Results Alexander Goryachev trade on fundamental analysis in FreshForex January 26
Aleksandr Goryachev
Company Analyst FreshForex
:
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