Good morning. Hope all is well. We seem to have had an excellent forecast for yesterday with all the pairs conforming to our predictions, a good day indeed. As we had thought US Dollar did strengthen slightly but was more sidelined while Japanese Yen gathered a lot of steam as expected! US Dollar and Canadian Dollar pairs are on our watchlist for today as market fueling factors are due to come out through the day. We are going to take a mixed stance on both US Dollar and Japanese Yen for today. Adding two hedged pairs to offset the trading risk. Happy Trading!
Forecasts Outlook
US Dollar: Mixed Sentiments
Today we're expecting the EURUSD to proceed Short below the barrier levels of 1.35199 and 1.35491.
Fundamental Watch
- Core CPI m/m
- Wholesale Sales m/m
- Prelim UoM Consumer Sentiment
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