EUR/USD Expected To Proceed Above 1.08756 And 1.08454 Barrier Levels
Forex Watchers | Apr 27, 2015 01:14AM ET
Good morning. Hope everyone had a good week end! We have had a good forecast on Friday with a 71% accuracy on our predictions. On some instances we had an initial reaction as expected but later in the day markets changed direction. The US dollar ended up weakening slightly while Japanese gained some momentum. Only Australian dollar pairs are on our watch list today on account of the fundamental watch. We could some induced movements on them. Both Japanese yen and US dollar are proving a bit hard to read. Adding three hedged pairs to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Mixed Sentiments
Today we're expecting the EUR/USD to proceed Long above the barrier levels of 1.08756 and 1.08454.
Fundamental Watch
– RBA Gov Stevens Speaks
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