Good morning. Hope all is well! We have had a good forecast for yesterday with 5 out of the 7 pairs conforming to our predictions. Specially on EURUSD and USDCHF we were very close. The Japanese Yen was sidelined while the US Dollar gained in strength by a point on our scale. British Pound, US Dollar and the two Oceanic currencies are on our watchlist today due to the fundamental watch. For today we could be looking at a Strong US Dollar while the Jen may let out some steam. Adding one hedged pair to offset the trading risk. Happy Trading!
Forecasts Outlook
US Dollar: Strong
Today we're expecting the EURUSD to proceed Short below the barrier levels of 1.26560 and 1.26256.
Fundamental Watch
– Manufacturing PMI
– ADP Non-Farm Employment Change
– ISM Manufacturing PMI
– GDT Price Index
– Building Approvals m/m
– Trade Balance
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