12.00 MSK. Eurozone: Consumer Price Index for March.
15:30 MSK. US: Retail Sales for February.
euro dollar EURUSD forecast for today 04/01/2019
In early trading in Europe, the euro may show a decrease in quotations on the background of negative data on inflation in the euro zone in March. The leading economies of the Old World to the consumer price index in March showed a decline, and against this background that today it is difficult to expect the release of positive release. In the US session the US may have to disappoint traders weak macroeconomic statistics on retail trade that would have a negative impact on the dollar. The index of spending on private consumption is reduced, indicating that the slowdown in the retail sector. Upward trend in oil and gold, the game is clearly on the side of the single European currency, due to the direct correlation of these instruments. Thus, after weighing all the "pros" and "cons", we can conclude that the euro today can end your day on a positive note.
EURUSD recommendation: Buy 1.1215 / 1.1200, and take profit 1.1270