EUR/USD
New year's eve week, apparently, the markets decided to still end in a positive way. The US stock market added around 5% yesterday, the dollar index grew by 0.51%. Today, sales of new homes in the US in November may show growth from 544 thousand to 569 thousand, tomorrow the US trade balance for November is expected to improve the balance from -77.0 billion dollars to -75.5 billion.
But the euro, nevertheless, could not gain a foothold under the balance line of the daily timeframe, which preserves the uncertainty of the near future. This can be an increase in the range of 1.1526/75, there may be a decrease to any level, including 1.1170. If the "bears" will not allow the price to rise in the range of 1.1526/75 to the new year, the opening of the market in January may be a good gap upwards, at least in order to clear the way for a steady decline – strengthening of the dollar.
