Good morning. Hope all is well! We have had a 71% accuracy on our forecast for Friday. EURUSD and GBPUSD were the pairs that we were a bit off. However markets moved in the predicted direction after violating out zones to the south. US Dollar was on the bearish side of things through the day. For today Euro and US Dollar pairs are on our watch list on account of the fundamental watch. Could be looking at a weak US Dollar and Japanese Yen. 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 1.09829 and 1.09513.
Fundamental Watch
– German Ifo Business Climate
– Core Durable Goods Orders m/m
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Editors’ Picks
EUR/USD edges lower toward 1.0700 post-US PCE
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GBP/USD retreats to 1.2500 on renewed USD strength
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