EUR/USD (1.5742)
European & US sessions forecast levels: 1.5655/1.5835
Trend Sessions: European: Neutral
US: Neutral
Market Focus: 10:00 AM Construction Spending, ISM Index, 2:00 AM German
Retail Sales, 3:55 AM German
Unemployment Change, 4:00 AM Manufacturing
PMI, 5:00 AM EU Unemployment
Rate.
Daily
Strategy: The dollar remains mix against the euro.
Currently the dollar is in consolidation against the euro. It is expecting new
fresh economic events for USA and Europe. The attacks against the dollar will
continue this week while the oil prices set new records day after day and the
economic data for the world biggest economy continue to suffer. The trading
strategy today is trading in short trading range. After the release of the key
Euro Zone data and US data is possible movements into both directions.
Forex Forecasts by FS Team
