EUR/USD Expected To Proceed Above 1.08050 And 1.08354 Levels

 | Apr 08, 2015 01:28AM ET

Good morning. Hope all is well! We seem to have had a good forecast for yesterday with a 71% accuracy. As expected US dollar had gained a little strength (a point on our scale) across the board. Japanese yen and the US dollar pairs are on our watch list today on account of the fundamental watch. We could be looking at a weak US dollar while Japanese yen may strengthen. Adding two hedged pairs 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 1.08050 and 1.08354.

Fundamental Watch
– Monetary Policy Statement
– BOJ Press Conference
– FOMC Meeting Minutes