Forex forecast for today 22/11/2016: Investors - Sell EUR / USD

22 ноября 2016 - Fx4News

Forex forecast for November 22, 2016 EUR / USD

The main event for traders today:

18.00 MSK. USA: Sales of housing in the secondary market in October (the previous value of 3.2% m / m forecast 0.0% m / m).

Forex forecast the currency pair euro dollar today EUR / USD 22.11.2016

Traders in the forex today EUR / USD Sell for two reasons:

The first reason , the likely positive report on home sales in the US secondary market for October, this is a positive factor for the American. Since the main driver of real estate mortgage market, it is worth waiting for increase in mortgage lending. The Americans are preparing to raise the Fed's discount rate, which will cause the growth rates in the mortgage market. The average interest rate in October, a 30-year mortgage was 3.69%. In November the index rose to 3.95%.

The second reason , the bond market, where the yield spread of US and German 10-year government bonds widened again, this is also a positive impact on quotations of greenbacks.

EUR / USD recommendation : Sell 1,0640 / 1,0675 with the aim tak Shared an e -profit 1.0575.

Forex forecast the currency pair Pound Dollar today GBP / USD 22.11.2016

Pound in a pair with an American today in forex trading generated a mixed background. On the commodities market, the rapid growth of prices for black gold. At yesterday's auction of oil has risen more than 4%, after positive comments from Iraq's Minister of Energy and Iran, who are willing to support the freezing of oil production in the OPEC summit on 30 November. While Brent is trading at $ 50 / barrel and rolled back down here possible, it can negatively affect the valuations of sterling. In the credit markets, the yield on 10-year British government bonds decreased to German and American, which also negative for the pound.

GBP / USD recommendation: Traders pound today is worth waiting lateral trade foreign exchange market in a range 1,2400-1,2550.

Forex forecast the currency pair USD JPY today USD / JPY 22.11.216

For buyers dollar yen pair the situation is very positive. Yesterday the world stock markets showed an increase of 1%.The index of "fear" the VIX has lost 5%, indicating that the preservation of "risk appetite" is traditionally a positive factor for the dollar yen pair. As noted above, in the second half of the session players should wait for the positive in the US real estate sales data in the US in October, it is a positive factor for the US currency. Futures on the FED rate indicates 100% chance to increase on 14 December, which the market has not seen this year, never! Thus, the upward trend in this pair is steady and wait for reduction of quotations and use the correction to build long positions.

USD / JPY Recommendations : Players pair dollar yen pair is worth buying Buy 110,55 / 110,20 with a view to take profit 111,10.