January 11th Analysis - EURUSD - Sardar Uddin

And it was a Homerun day for Bulls in USD Majors, USD weakened after few sideway moves of past few days. Expect USD weakening.

Outlook USD Weak

Fundamental Watch

CPI m/m                                        CHF                 3:15 am EST
Manufacturing Production m/m        GBP                 4 30 am EST
Trade Balance                                USD                 8:30 am EST
Trade Balance                                CAD                 8:30 am EST

Awaiting Feedback !!!        

Best

-Sardar

Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial adviser if you have any doubts

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