EUR/USD Forecast For January 20
Forex Watchers | Jan 20, 2015 02:16AM ET
Good morning. Hope all is well! We seem to have had a moderate forecast for yesterday with a 50% accuracy. We to have many news items coming out that could fuel market movements on Euro, Canadian dollar, Japanese yen and New Zealand dollar. These currencies are on our watch list for today. US Dollar could be sidelined today while Japanese Yen could strengthen. Adding two hedged pair to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Mixed Sentiments
Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.15853 and 1.16153.
Fundamental Watch
– German ZEW Economic Sentiment
– Manufacturing Sales m/m
– GDT Price Index
– CPI q/q
– Monetary Policy Statement
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