Good morning. Hope all is well! We have had an above average forecast for Friday, with a 57% accuracy on our predicted directions. Both yen and the dollar seem to have strengthened instead of weakening by a small degree on our scale. Euro and NZD pairs are on our watch list for today on account of the fundamental watch. Could be in for a strong greenback, while the yen may let out some steam. Adding two hedged pairs to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Strong
Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.10112 and 1.10514.
Fundamental Watch
– German Ifo Business Climate
– Trade Balance