Good morning. Hope all is well! We seem to have had a bit of a turmoil with our forecast for yesterday. This was mainly due to our mixed stance on USD and JPY for the day. On some pairs the markets punched through our supply demand zones, while on the others markets were sidelined. The US Dollar had weakened through the day while the Japanese Yen was sidelined. US Dollar would be on our watch list today due to the fundamental watch and there is only one item coming out so could only expect some small moves. During the course of the day we could be looking at another sidelined day for the US Dollar while Japanese Yen may weaken. Adding two hedged pairs to offset the trading risk. Happy Trading!
Forecasts Outlook
US Dollar: Mixed Sentiments
Today we're expecting the EURUSD to proceed Short below the barrier levels of 1.27449 and 1.27848.
Fundamental Watch
– Final GDP q/q
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