EUR/USD Forecast: Expected To Proceed Above 1.09604 And 1.09895 Levels
Forex Watchers | Mar 26, 2015 02:34AM ET
Good morning. Hope all is well. We seem to have had a 100% accuracy on our directions for yesterday’s forecasts. As we had suspected both Japanese yen and US dollar did gather a little steam. On some instances the market did pierce through our zones for a little bit, but ended up going in our directions after all leaving tails/wicks on the opposite sides. British pound, Swiss franc, US and Canadian dollar pairs are on our radar today on account of the fundamental watch. We could see a sidelined US dollar while Japanese yen may strengthen. Adding three hedged pair 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 1.09604 and 1.09895.
Fundamental Watch
– Retail Sales m/m
– Unemployment Claims
– BOC Gov Poloz Speaks
– Gov Board Member Zurbrugg Speaks
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