EUR/USD (1.3698)
European & US sessions forecast levels: 1.3605/1.4245
Trend Sessions: European: Neutral
US: Neutral/Downward
Market Focus: 8:30 AM Initial Claims, Continuing Claims, Productivity-Prel, Unit Labor Costs - Prel, 10:00 AM factory Orders, ISM Services.
Daily Strategy: The Greece crisis over the euro continue in spite the hopes for fast referendum with possible date of December 4th. But the chances for success of the referendum are minimal. If the elections refuse the EU help Greece have to leave the euro zone. At the same time Fed decided to avoid stimulus for the economy. The both news probably will move the euro at lower levels against the dollar. FS Team trading strategy for today is to open short positions.