Good morning. Hope all is well! It’s great to be getting back into the forecasts as we were not able to get them out for over a week, due to our site being down. The issue has just been rectified. Good to know that we have had many avid followers of the forecasts as many of you got in touch with us. Thanks!! We could be looking at a busy day ahead as there are many fundamental news items scheduled to come out that could fuel market movements. Pound, euro, Australian dollar, US and Canadian dollar pairs are most likely to be affected. US Dollar could be looking at a weak movement while Japanese yen may gather some steam after it’s very weak movement it had done. Not adding any hedges pairs to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Weak
Today we're expecting the EUR/USD to proceed Long above the barrier levels of 1.24921 and 1.24700.
Fundamental Watch
– Employment Change
– Unemployment Rate
– Manufacturing Production m/m
– Asset Purchase Facility
– Official Bank Rate
– MPC Rate Statement
– Minimum Bid Rate
– Building Permits m/m
– ECB Press Conference
– Unemployment Claims
– Ivey PMI
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EUR/USD: Expected To Proceed Long
Published 11/06/2014, 01:27 AM
Updated 05/14/2017, 06:45 AM
EUR/USD: Expected To Proceed Long
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Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
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