EUR/USD (1.3900)

European & US sessions forecast levels: 1.3830/1.4050

Trend Sessions: European: Neutral/Upward

US: Neutral

Market Focus: 8:30 AM Initial Claims, 10:00 AM Wholesale Inventories, 2:00 AM Germany Current Account, Trade Balance, CPI, HICP.

Daily Strategy: The dollar recovery as the chances to remain as global currency rises. The investors will continue using the dollar. Also the stability of the dollar is the main factor for the strong dollar. Most of the traders stay back by the risky assets these days that help to the dollar to gain. The key focus today is in Germany where are expecting very important reports for the Euro Zone locomotive. It is possible temporary loses of the recent dollar gains.