EUR/USD (1.2714)
European & US sessions forecast levels: 1.2560/1.2955
Trend Sessions: European: Neutral/Upward
US: Neutral/Downward
Market Focus: 8:15 AM ADP Employment, 8:30 AM Productivity-Rev.,
10:00 AM ISM Services, 2:00 PM
Fed’s Beige Book, 4:00 AM EU Services PMI, 5:00 AM EU Retail Sales.
Daily
Strategy: The trading remains in wide range of
consolidation between 1.23 and 1.30. The trading will continue within this
range, as is necessary very important event to break these levels. The
recession is everywhere, as the Christmas shopping would not help for the US
economy. On the market today is expecting mix trading with movements into both
directions. The strategy is to open long positions during the European session
and short in US session.
Forex Forecasts by FS Team
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