EUR/USD (1.4138)

European & US sessions forecast levels: 1.4005/1.4445

Trend Sessions: European: Neutral/Downward

US: Neutral

Market Focus: 8:30 AM Productivity-Prel, 10:00 AM Wholesale Inventories, 2:00 AM Germany Wholesale price index, CPI, HICP.

Daily Strategy: The dollar remains strong and keeps the recent gains after the U.S. jobs report. The traders back to the dollar, as the world largest economy will end the recession in a short time. The dollar may continue slowly recovery against the euro these days. The trading strategy today is to trade within a short range. The trend remains downward but is in process to end and transform into neutral trading.