Good morning. Hope all is well! We seem to have had a moderate forecast for yesterday with a 57% accuracy on our predictions. British Pound, Australian and New Zealand Dollar pairs are on our watch list on account of the fundamental watch. For today we are going to take a mixed stance on US Dollar while Japanese Yen may gather some steam. Adding three hedged pairs to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Mixed Sentiments
Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.09405 and 1.09103.
Fundamental Watch
– Cash Rate
– RBA Rate Statement
– Construction PMI
– GDT Price Index
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Editors’ Picks
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Jito price could hit $6 as JTO coils up inside this bullish pattern
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Key events in developed markets next week
Next week, the main focus will be inflation and the labour market in the Eurozone. We expect services inflation to be impacted by the easter effect, while the unemployment rate to be unchanged.