15.15 MSK. USA: Change in the number of employees from ADP.
17:00 MSK. US: ISM composite index for the ISM non-manufacturing sector.
17:30 MSK. US data on crude oil inventories from the Energy Department.
The euro dollar forex trading forecast for EURUSD today 03/07/2019
In the US today, there are three important report that will determine the course of trading on the next few days. The first two indicators (employment from ADP and business activity of the ISM for the service sector) will help to understand how the US Federal Reserve may cut interest rates in coming months. The report on oil stocks in the US market is important for storage of oil, but also have an impact on the dollar as the US currency and oil have an inverse correlation. It is worth noting, the first two indicators are difficult to predict and their need to trade upon release of data - better than expected at the output of the median data, you must open positions Sell and vice versa. As for the oil market, it is possible to expect reduction of stocks that have a positive impact on oil quotes. It is impossible to ignore the news of the nomination of Christine Lagarde for the post of chairman of the ECB.
EUR / USD recommendation: Buy 1.1267 / 1.125 0 and take profit 1.1321