EUR/USD (1.3983)

European & US sessions forecast levels: 1.3830/1.4070

Trend Sessions: European: Neutral/Downward

US: Neutral

Market Focus: 8:30 AM Export Prices ex-ag, Import Prices ex-oil, Trade Balance, 9:55 AM Michigan Sentiment-Prel, 2:00 AM Germany Wholesale price index, 2:45 AM France Current Account, France Industrial Production.

Daily Strategy: The trading on the forex market is mixed. There is a not clear direction. The factors moving the market are also mixed between the rising risk appetite and the searching of stability currency like the dollar. There are key fundamental reports today for Germany, France and United States. The data may push the trading into any direction. As overall is not expecting clear direction today.