India Crypto Exchange

Best Bitcoin Trading Platform

EUR/USD Forecast: Dollar Looking Weak In The Short Term

EUR/USD Forecast: Dollar Looking Weak In The Short Term

Thursday’s forecast went in our direction for the most part, in fact all the pairs behaved close to what was thought possible. The USD could have strengthen in the long run, but will have to let off some steam in the short term. And, the Japanese yen has gathered some steam yesterday as we had expected. Today we are going to take a weak outlook on the dollar while the yen could strengthen. Adding a hedged pair to offset the trading risk. Forecasts OutlookUS Dollar : WeakToday we’re expecting the EUR/USD to proceed Long above the barrier levels of 1.30812 and 1.31114.Fundamental Watch– CPI m/m- Manufacturing Production m/m- Employment Change- Unemployment Rate- Non-Farm Employment Change- Unemployment Rate- Ivey PMI

EURUSD

0 0 votes
文章评分
Subscribe
Notify of
guest
0 评论
Inline Feedbacks
View all comments