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.