EUR/USD (1.3500)
European & US sessions forecast levels: 1.3380/1.3790
Trend Sessions: European: Neutral
US: Neutral/Downward
Market Focus:
Daily Strategy: The signals for expecting serious recession in Europe and United States rises. Many analyzers say that Europe will fall into recession for a long time. The steps to safe Greece delay that process but the recession could not be avoided. The stock market collapse yesterday as the investors follow the health of U.S. economy. G20 signals to the markets that will take a strong and coordinate response to the challenges of the global economy. G20 news pushes the euro slowly recovery to 1.3566. FS Team expects the dollar to recover loses today or on Monday therefore the trading strategy for today is to open short positions.