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EUR/USD To Proceed Long Above 1.12105 And 1.11810

EUR/USD To Proceed Long Above 1.12105 And 1.11810

Good morning. Hope all is well! We seem to have had an above average forecast for yesterday with a 71% accuracy. In some instances markets behaved as we had predicted during the day and just before the close of market changed direction suddenly. As predicted we had seen some strong movements on the Oceanic pairs (AUD, NZD) yesterday due to fundamentals.

Today British pound and US dollar pairs are on our radar. Both US and the yen could be on the bullish side today. Adding two hedged pairs 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 1.12105 and 1.11810.

Fundamental Watch

  • MPC Official Bank Rate Votes
  • Official Bank Rate
  • MPC Rate Statement
  • Monetary Policy Summary
  • Unemployment Claims

EUR/USD Chart

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