EUR/USD (1.5727)
European & US sessions forecast levels: 1.5610/1.5790
Trend Sessions: European: Neutral
US: Neutral
Market Focus: 10:00 AM Initial Claims, 2:45 AM French Industrial Production, 4:00 AM Italian Industrial
Production, ECB Bulletin.
Daily
Strategy: The dollar remain weak against the euro after
continue worries for the situation of the world biggest economy. The dollar
remains flat during the Asian session, as the traders expect new data for the
economies in the Euro Zone and United States. For today the trading strategy is
trading within short trading range. The data from the euro zone could move the
market. As overall the pressure against the dollar will remain. We recommend
opening long positions, as buy on dips today.
Forex Forecasts by FS Team
|
