EURUSD Forecast for July 10

Good morning, hope all is well. Tuesday’s forecasts went in our direction for the most part, except for one pair all others behaved close to what was thought possible, also the fast moves that we had anticipated did take place. Today also we may see some strong moves. I am going to take a bullish outlook on US Dollar and a bearish outlook on Japanese Yen. Adding a hedged pair to offset the trading risk. Happy trading everyone!!

Forecasts Outlook

US Dollar : Strong

Today we're expecting the EURUSD to proceed Short below the barrier levels of 1.28052 and 1.27807.

Fundamental Watch

- 10-y Bond Auction

- FOMC Meeting Minutes

- Fed Chairman Bernanke Speaks

- Employment Change

- Unemployment Rate

- Tentative JPY

- Monetary Policy Statement


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