EUR/USD (1.2857)
European & US sessions forecast levels: 1.2665/1.3045
Trend Sessions: European: Neutral
US: Neutral
Market Focus: 10:00 AM Construction Spending, ISM
Index, 4:00 AM Final
Manufacturing PMI.
Daily
Strategy: The
Asian open was flat today with minimal corrections. It is expecting trading
into both directions today, but as overall without big movements. Therefore we
recommend trading within the trading range. The top news that will move the
forex market is the expecting new interest rates cut worldwide. First ECB will
cut the interest rates as Fed and the rest central banks worldwide prepare for
new interest rates cut.
Forex Forecasts by FS Team
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