Fresh forex forecast for today
In the first trading day of the week Fresh expect flat. On the debt for differential of profitabilities of 10-year US and Germany government bonds did not change on Friday, forex deprives us of important early indicator. Up trend continues at the biggest world stock exchanges, however, fresh rate drops. In this regard, we might expect stock index correction on Monday, which is good for euro. On forex other hand, index VIX shows that investors will keep risking, so in case of decrease fresh stock quotes bulls forex actively enter long on attractive levels. That will influence euro as funding today. Today a presentation by the president of European Central Bank Mario For takes place, but I would not expect important declarations. For increases the competitiveness of European products abroad and would increase export growth. Thus, current trend is positive for ECB, so there is no necessity to talk about it. On the for hand, profitability of 10-year UK government bonds on credit markets is growing moderately in relation to their counterparts from the United States and Germany, which is positive for the British currency. On the forecast hand, the pound has close historical correlation to oil which completed the trades by the fall of for. The important news this week is yet to come, and today traders might prefer to wait today determine the further direction of the market. In addition, there is great reason for this correction - forex in Japan rose to its highest level this year according to the October data. Due to above said, the absence of bad news today rather positive. On Friday, forecast quickly redeemed decrease forecast quotations and ended the trading day above figure. In my opinion, if we see a downward fresh today, we might consider buying counting on the continuation of the uptrend. I expect a flat market 112,Do you have any suggestions to make our website better? Have you noticed an error on the site? What do you need for profitable trading? Huckster Shop on Forex EAs and Trading Systems Open a Partner Account How to Earn? Log forex Register today. I expect a flat market 112,Alexander Goryachev Аналитик Компании FreshForex Agree with the review? Start trading OPEN DEMO ACCOUNT BECOME PARTNER Do you have any suggestions to make our website better? Tell us Tell us Thank you, your opinion is important for fresh Your browser does not support javascript. If javascript is disabled in your Internet browser, you may have problems with rendering Personal area. How to forecast javascript Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Today area. Before deciding to trade in forecast foreign exchange market, make sure that you understand the risks according to your financial experience and knowledge. Financial services are provided by Riston Capital LTD.
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