EUR/USD (1.5613)
European & US sessions forecast levels: 1.5540/1.5695
Trend Sessions: European: Neutral
US: Neutral
Market Focus: 3:30 AM German Manufacturing PMI,
German Services PMI, 4:00 AM Services PMI, Manufacturing PMI, German Ifo
Business Expectations Index, German Ifo Business Climate Index.
Daily
Strategy: The trading in the new week starts flat. The
market waits for the key Germany data today. The forecast is for flat trading
till the news at 3:30 and 4:00 Am today. The fundamental forecasts show some
poor results for the European locomotive. In spite that the euro will remain
strong due too the problems in the United States and the expecting raise of
interest rates in the euro zone. The trading strategy today is to trade
according too the Germany data.
Forex Forecasts by FS Team
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