Tuesday’s forecast went in our direction for the most past, in fact except for one pair all other pairs behaved as we thought it would. Today we could see Japanese Yen gaining some steam. With regards to US Dollar it would be best to take a mixed stance as we may see some ranging. I’m adding two hedged pairs to offset the trading risk. Happy trading everyone!!
Forecasts Outlook
US Dollar: Mixed Sentiments
Today we're expecting the EUR/USD to proceed Long above the barrier levels of 1.33820 and 1.33526.
Fundamental Watch
- ECB President Draghi Speaks
- CPI y/y
- German ZEW Economic Sentiment
- Building Permits
- Core CPI m/m
- Day 2 ALL
- G8 Meetings