Good morning. Hope everyone had a good week end. We seem to have had a good sense of direction for our previous forecast, however markets failed to reach our blue zones before continuing in the predicted direction. This is a good hint of strong supply and demand zones. We don’t seem to have any fundamental news items coming out for today. Through the course of the day we could be looking at a sidelined US Dollar and a weak Japanese Yen. 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 Long above the barrier levels of 1.26552 and 1.26122.
Fundamental Watch
– N/A