EUR/USD To Proceed Short Below Barrier Levels Of 1.33103 And 1.33410
Forex Watchers | Aug 20, 2014 01:51AM ET
We seem to have a good forecast for yesterday with 5 out of the 7 pairs conforming to our predictions. The EUR/USD, USD/CHF, AUD/USD, NZD/USD the and EUR/JPY were very close to what we had thought possible. Currencies to keep an eye out for today would be British Pound, Australian dollar and Canadian dollar due to our fundamental watch. We could be looking at a strong US dollar while Japanese yen could weaken. Adding one hedged pair to offset the trading risk.
Forecasts Outlook
US dollar: Strong
Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.33103 and 1.33410.
Fundamental Watch
- RBA Gov Stevens Speaks
- MPC Asset Purchase Facility Votes
- MPC Official Bank Rate Votes
- Wholesale Sales m/m
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