European & US sessions forecast levels: 1.4805/1.5060
Trend Sessions: European: Neutral/Upward
Market Focus: 8:30 AM Personal Income, Personal Spending, Initial Claims, Continuing Claims, Durable Orders, Durable Orders ex-transport, 9:55 AM Michigan Sentiment-Rev, 10:00 AM New Home Sales.
Daily Strategy: The dollar is trading close to the key resistance at 1.5060. The traders prefer to sell dollars ahead the key day with important data. There are many economic events caused by the tomorrow’s market holiday in United States - Thanksgiving Day. The focus today will be over the jobs report that is currently more important for the traders. It is expecting better data than the prior week. The New Home Sales is also important event that probably will send also positive signals. But the traders may continue to sell dollars ahead the Thursday holiday in United States.