EUR/USD Forecast: Expected To Proceed Above 1.06087 And 1.05880 Levels
Forex Watchers | Mar 18, 2015 01:48AM ET
Good morning. Hope all is well. We seem to have had a moderate forecast for yesterday with only a 57% accuracy on our predictions. On account of the fundamental watch today we are going to keep a close eye on Canadian dollar and British pound pairs with more emphasis on British pound as most of the items are related to that particular currency. We are going to take a mixed stance on both US dollar and Japanese yen as the markets are looking hard to read for the moment. 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 1.06087 and 1.05880.
Fundamental Watch
– Average Earnings Index 3m/y
– Claimant Count Change
– MPC Official Bank Rate Votes
– Wholesale Sales m/m
– Annual Budget Release
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