World-Signals.com
Short

Dollar fails but may gain ahead Fed interest rates decision next

FX:EURUSD   Euro Fx/U.S. Dollar
40 0 0
The bad non-farm payrolls report on Friday surprise the market and push the dollar into losses. The effect may continue this week but as overall World-Signals.com expects to see recovery of the dollar because it is widely expecting Fed to raise the interest rates on June 15th 2016.
The most important events this week comes from Europe. These events starts on Monday EU Targeted LTRO at 9:30 AM GMT, Tuesday EU GDP at 9:00 AM GMT.
On Thursday is Germany Imports/Exports, Current Account and Trade Balance at 6:00 GMT and for Friday Germany Wholesales Price Index , CPI             and Harmonised Index of Consumer Prices at 6:00 GMT.
The technical analysis shows continue of the uptrend with key support level at 1.1150 and resistance at 1.1410 and 1.1615. World-Signals.com trading strategy is to expect EURUSD             to reach to the top at 1.1410 or more over the level of 1.15 and then to open short positions.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out