EUR/USD To Proceed Short Below 1.12225 And 1.12518
Forex Watchers | Sep 03, 2015 02:11AM ET
Good morning. Hope all is well! We have had an average forecast for yesterday with a 57% accuracy. US dollar had strengthened, while Japanese yen was on the weak side, we had taken a mixed stance for the day. Euro, Canadian and US dollar pairs are on our watch list for today due to fundamentals. Both Japanese yen and US dollar may be sidelined through the day. 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 Short below the barrier levels of 1.12225 and 1.12518.
Fundamental Watch
– Services PMI
– Minimum Bid Rate
– Trade Balance
– ECB Press Conference
– Unemployment Claims
– ISM Non-Manufacturing PMI
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