Good morning. Hope all is well! We have had an average forecast for Friday with a 57% accuracy on our predictions. On some instances markets moved in the predicted direction and turned around abruptly later in the day. We are going to keep an eye on British Pound and US Dollar pairs on account of the fundamental watch for today. US Dollar could be on the weak side while Japanese Yen may gather some steam. Adding two hedged pairs to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Weak
Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.10100 and 1.10424.
Fundamental Watch
– Prelim GDP q/q
– Core Durable Goods Orders m/m
– CB Consumer Confidence
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