EUR/USD Forecast For February 16, 2015
Forex Watchers | Feb 16, 2015 02:25AM ET
Good morning. Hope everyone had a great week end. We have had a good previous forecast with a 71% accuracy. New Zealand dollar, Japanese yen and euro pairs are on our watch list today on account of the fundamental watch. We could see some induced movements on them. Through the course of today we could be in for a weak US dollar and Japanese yen. Adding one 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 1.13998 and 1.13713.
Fundamental Watch
– Retail Sales q/q
– Prelim GDP q/q
– Eurogroup Meetings
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