Good morning. Hope all is well! We seem to have had a 100% accuracy on our predicted directions for yesterday. Markets reacted to our supply demand zones as expected. Both Japanese yen and the greenback had gathered a little steam, however, we had taken a neutral stance. British pound and US dollar pairs are on our watch list for today due to fundamentals. Could be in for a strong US dollar while the yen may let out some steam. Adding one hedged pair to offset the risk. Happy Trading!
Forecasts OutlookUS Dollar: Strong
Today we’re expecting the EUR/USD to proceed Short below the barrier levels of 1.13811 and 1.14113.
Fundamental Watch– Average Earnings Index 3m/y– Claimant Count Change– Core Retail Sales m/m– PPI m/m– Retail Sales m/m