Good morning. Hope all is well! We seem to have had a really good forecast for yesterday with an 86% accuracy. Except for EUR/USD all the other pairs were in our favour. Could be in for a busy day today with many fundamental items coming out that could affect many major currencies. British pound, Canadian dollar, euro and the two Oceanic pairs are on our watch list. US dollar could let out some steam together with Japanese yen through the course of the day. Adding two hedged pairs to offset the risk. Happy Trading!
Forecasts Outlook
US dollar: Weak
Today we're expecting the EUR/USD to proceed Long above the barrier levels of 1.11758 and 1.12059.
Fundamental Watch
– Building Approvals m/m
– Cash Rate
– RBA Rate Statement
– Spanish Unemployment Change
– Construction PMI
– BOE Gov Carney Speaks
– GDP m/m
– GDT Price Index