EUR/USD To Proceed Long Above Barrier Levels 1.28811 And 1.29177
Forex Watchers | Sep 10, 2014 02:20AM ET
We seem to have a really good forecast for our previous one on September 2nd with 6 out of the 7 pairs conforming to our predictions. The EUR/JPY was the only pair that didn’t reach our blue zone, on this day the yen was more sidelined and did not strengthen as we had expected. Currencies to keep an eye out for today would be British pound due to our fundamental watch. Today we could be looking at a weak dollar while the yen could be sidelined. Adding one hedged pairs to offset the trading risk.
Forecasts Outlook
US Dollar: Weak
Today we're expecting the EUR/USD to proceed Long above the barrier levels of 1.28811 and 1.29177.
Fundamental Watch
– Inflation Report Hearings
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.