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EUR/USD Forecast Nov. 3-7

From forexcrunch.com

EUR/USD had a bad week, even temporarily sliding below 1.25. Are we set for a bounce from the double bottom or is the third time a charm? The ECB decision is the clear highlight of a very busy week to open the penultimate month of the year. Here is an outlook on the highlights of this week and an updated technical analysis for EUR/USD. Inflation in the euro-zone remains low, with CPI at 0.4% and Core CPI at 0.7%. Disappointing German inflation created worries for even lower numbers. The zone’s locomotive also printed another falling business confidence number, but at least the number of unemployed is falling. The ... (full story)

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