EUR/USD To Proceed Short Below 1.15915 And 1.17103

Published 08/25/2015, 01:50 AM
Updated 05/14/2017, 06:45 AM

Good morning. Hope all is well! We seem to have had a borderline forecast for Friday last week with a 57% accuracy. Apologies we couldn’t get our forecast out yesterday due to a technical issue. Through the last two days, the US dollar had gathered a little steam while Japanese yen has been on a sidelined path. US is overall on the weak side, while Japanese yen is on the strong. Due to the fundamentals, the two Oceanic pairs, US dollar and euro pairs are on our watch list for today. Could see a sidelined Japanese yen and US dollar. Adding three hedged pairs to offset the risk. Happy Trading!

Forecasts Outlook
US Dollar: Mixed Sentiments

Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.15915 and 1.17103.

Fundamental Watch
Inflation Expectations q/q
German Ifo Business Climate
CB Consumer Confidence
Trade Balance
RBA Gov Stevens Speaks

EUR/USD Chart

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