EUR/USD (1.5470)

European & US sessions forecast levels: 1.5365/1.5550

Trend Sessions: European: Neutral

US: Neutral/Downward

Market Focus: 8:30 AM Average Workweek, Hourly Earnings, Non-farm Payrolls, Unemployment Rate, 10:00 AM Factory Orders, 2:00 AM German Retail Sales, 4:00 AM Manufacturing PMI.

Daily Strategy: Positivism from the United States pushes the dollar to make big gains against the Euro. The recovery of the dollar continue, as the break below 1.5515 was signal for continue recovery of the dollar. In the coming days we can see the dollar at the levels of 1.5330. The trading strategy today is to wait for reverse while at the levels above 1.55 to open short positions, after the release of key Job’s reports today.