If you were counting on an easy day, forget all about these hopes. Unfortunately, they were quite empty, I have to say. Today our favorite couple EUR/USD is going to be very turbulent as traders and investors are going to have to decide which one of these they are going to support and which one is stronger than the other.

Basically, today we are going to get a broad insight into both American and European economies. For example, USD is going to see Core Retail Sales m/m and Retail Sales m/m reports. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity. So, basically it is the report that is going to tell us whether American consumers are ready to support their economy at the moment, which is a vital information for our trading for the next several months.

EUR, of course, is going to get hit with some additional information from ECB. To be more precise we are going to get ECB Monetary Policy Meeting Accounts and the speech from ECB President Lagarde. Surely, these two will have to deal with interest rates for euro, and, as we know, future upcoming Brexit is going to hit European economy as well, so we need to be on alert for any interest rates alterations.

The day promises to be very interesting and we are not going to be able to rest while trading EUR/USD today.

How good to have trading signals right here by our side right now!