USD Strengthens While JPY Lets Out Some Steam
Forex Watchers | Oct 20, 2014 02:11AM ET
Good morning. Hope all is well! A good start to the week as our previous forecast was a very good success, all pairs behaved as we had predicted. Our zones were very strong in some instances markets took off just on the touch of them. As expected the US Dollar had strengthened while the Japanese yen let out some steam. Today we only have one fundamental news item coming out that could affect Canadian dollar. Through the course of the day we could be in for a sidelined US dollar while the Japanese Yen may gather some steam. Adding two 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 1.27292 and 1.27003.
Fundamental Watch
– Wholesale Sales m/m
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