Forecast on 1/04/2019 – USDJPY bulled up to a rate 111.00 as a result of positive China PMI

NY Market

  • USD/JPY has been bullish up to 110.95 due to positive U.S economic news as well as positive stock and long term interest and marked the highest rate for the last week.
  • EUR/USD has been negative down to 1.1212 but kept its rate at 1.12.
  • Stock market raised positively. Due to positive US-China summit outlook and consumer’s mind, DOW closed the market at +$211.
  • Credit is on negative. Long-term interest was positive but with small volatility and closed at a rate of 2.40%.
  • Gold has been bullish, and Crude has recovered to a rate of $60 which was marked 4 months ago.

Rates

USD/JPY: 110.64 – 110.95

EUR/USD: 1.1212 – 1.1246

EUR/JPY: 124.19 – 124.64

DOW: +211.22 –> 25,928.68 USD

GOLD: +3.20 –> 1,298.50 USD

WTI: +0.84 –> 60.14 USD

US 10y Treasury: +0.011 –> 2.405 %

Remarkable Orders

Open Positions (Unredeemed Positions – possible bullish/bearish)

USD/JPY: Open Long positions at 110.050, Open Short positions at 110.700

EUR/USD: Open Long positions at 1.12300, Open Short positions at 1.12000

Open Orders (Unredeemed Orders – possible support/resistance)

USD/JPY: Open Buy orders at 110.800, Open Sell orders at 110.050

EUR/USD: Open Buy orders at 1.12100, Open Sell orders at 1.12350

Today’s Economic  Events

  • CHF

6:30 GMT: Real Retail Sales (YoY, Feb)

  • EUR (Germany)

7:55 GMT: Markit Manufacturing PMI (Mar)

  • GBP

8:30 GMT: Markit Manufacturing PMI (Mar)

  • EUR (Italy)

9:00 GMT: Unemployment (Feb)

  • EUR (EU)

9:00 GMT: Consumer Price Index – Core (YoY, Mar)

  • USD

12:30 GMT: Retail Sales ex Autos (MoM, Feb)

12:30 GMT: Retail Sales (MoM, Feb)

12:30 GMT: Retail Sales Control Group (Feb) 

  • CAD

13:30 GMT: Markit Manufacturing PMI (Mar)

  • USD

13:45 GMT: Markit Manufacturing PMI (Mar)

14:00 GMT: ISM Prices Paid (Mar)

14:00 GMT: ISM Manufacturing PMI (Mar)

  • NZD

21:00 GMT: NZIER Business Confidence (QoQ, Q1)