EUR/USD (1.4703)
European & US sessions forecast levels: 1.4485/1.4845
Trend Sessions: European: Neutral
US: Neutral/Upward
Market Focus: 2:00 PM Consumer Credit, Treasury Budget, 5:00 AM EU GDP 2nd Est, 6:00 AM Germany Factory orders.
Daily Strategy: The dollar recovery temporary against the euro after the pick at 1.4760 followed by the worse than expected U.S. jobs report. The dollar remain under pressure due too the signal for starting plan to remove the dollar like world currency and replace with euro, pound, yen and others. It is expecting mix trading today with movements into both directions. As overall the bad signals against the dollar dominant these days.