EUR/USD To Proceed Short Below 1.08814 And 1.08501
Forex Watchers | Nov 05, 2015 01:21AM ET
Good morning. Hope all is well! Have had an above average forecast with a 57% accuracy on our predictions. Both the greenback and the yen strengthened through the day. We could be seeing a busy day for pound and dollar pairs with many fundamentals due to come out through the day. Specially on British pound pairs with majority of the items relating to this currency. Could be looking at a strong US dollar while the yen may let out some steam. Adding two hedged pairs to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Strong
Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.08814 and 1.08501.
Fundamental Watch
– BOE Inflation Report
– MPC Official Bank Rate Votes
– Monetary Policy Summary
– Official Bank Rate
– BOE Gov Carney Speaks
– Unemployment Claims
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