EUR/USD (1.4089)

European & US sessions forecast levels: 1.3830/1.4170

Trend Sessions: European: Neutral/Upward

US: Neutral/Downward

Market Focus: 8:30 AM Durable Orders, 10:00 AM New Home Sales, 2:15 PM FOMC Rate decision, 4:00 AM EU Current account.

Daily Strategy: The dollar loses on Tuesday on speculations. The huge loses of the dollar are caused by the expecting Fed interest rates decision. Also the Existing Home Sales report sends negative signal to the dollar. These loses may be will needed to recovery in the coming few days. The key fundamental reports today will be very important for the forex trading as is possible movements into both directions.