EUR/USD Expected To Proceed Above 1.08096 And 1.08420 Levels
Forex Watchers | Mar 31, 2015 01:41AM ET
Good morning. Hope all is well! We seem to have had a below average forecast for yesterday with only a 43% accuracy. This was mainly due to the US dollar gaining momentum instead of letting out some steam. British pound, euro, Canadian and US dollar pairs are on our watch list today on account of the fundamental watch. Both US dollar and Japanese yen could be on the weak for today. 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 1.08096 and 1.08420.
Fundamental Watch
– Current Account
– CPI Flash Estimate y/y
– GDP m/m
– CB Consumer Confidence
– Building Approvals m/m
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