EURUSD forex trading strategy for this week by

After the ECB decision this week the market is focus over the Federal Reserve meeting next week. Although that there is full week with other events the market will focus over the expecting Fed interest rates decision. It is probably the most important event this month or probably the key U.S. event in the economic for 2015 if Fed hike the interest rates. expects euro/dollar to back to the levels below 1.07 in the coming week or after two weeks. The events this week that will move the markets are the Fed rumours for the interest rates politic followed by Friday's fundamental news for Retail Sales, PPI and Core PPI. A Thursday report for U.S. Treasury Budget is also a key event. In Europe the key events that will moves the market starts on Monday at 7 AM GMT with Germany Industrial Production that is expecting support for the Euro with positive news. In Euro Zone on Tuesday GDP report is expecting at 9 AM GMT at 1.6% at the same like a prior period. EURUSD may raise up to 1.1090 first but as overall expects slowly recovery of the dollar.

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