EUR/USD Forecast For January 22, 2015
Forex Watchers | Jan 22, 2015 01:26AM ET
Good morning. Hope all is well! Finally we have got data for Swiss franc pairs as our broker had stopped giving our data for them since the shocking move last week, we can now continue to post forecasts for Swiss franc. For our yesterday’s forecast we have had a good forecast with an 83% accuracy, on some pairs markets did punch through our supply demand zones and then continued in the general direction. We were wise to take a mixed stance on US dollar and Japanese yen as US dollar was sidelined while Japanese yen only gained in strength by a point on our strength meter. For today euro and US dollar pairs are on our watch list on account of the fundamental watch. Thought the day both US dollar and Japanese yen could be bearish. Adding two hedged pair to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Weak
Today we're expecting the EUR/USD to proceed Long above the barrier levels of 1.15899 and 1.15600.
Fundamental Watch
– Minimum Bid Rate
– ECB Press Conference
– Unemployment Claims
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