Tuesday’s forecast headed in our direction for the most part, in fact all pairs behaved close to what was thought possible, especially the EUR/USD, GBP/USD, USD/CAD and USD/CHF. As we had expected the US dollar and Japanese yen did strengthen overall. Today we could be looking at a mixed US dollar and Japanese yen could weaken. Adding two hedged pairs to offset the trading risk.
Forecasts Outlook
US Dollar: Mixed Sentiments
Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.35109 and 1.34803.
Fundamental Watch
- Core Durable Goods Orders m/m
- New Home Sales
EUR/USD" title="EUR/USD" src="https://d1-invdn-com.akamaized.net/content/picfd71c12739027da98610d20e006a139e.jpg" height="588" width="441">