EUR/USD (1.4975)
European & US sessions forecast levels: 1.4875/1.5050
Trend Sessions: European: Neutral/Downward
US: Downward
Market Focus: 2:00 AM German WPI, 2:45 AM French Industrial Production.
Daily
Strategy: The dollar recovery continues after the break
below the psychological level of 1.50 during the Asian session. The dollar is
stronger after positive news and expectations for the US economy. The oil
continue to fall that will hold the inflation in normal levels. The other news
that pushes the euro lower is the concerns for the situation in the Euro Zone.
The European economy rising probably is over. It is expecting the end of the
euro dominant on the markets and the traders sell euros worldwide.
Forex Forecasts by FS Team
| 
