Forecast
Level and Target Adjustments for the U.S. Session – August 5
The euro, the pound, and the
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05.08.2026 01:17 PM
The euro, the pound, and the Canadian dollar performed well today under the Mean Reversion strategy. I did not take any trades using the Momentum strategy.The latest economic data was well received by traders. Eurozone business activity expanded at the fastest pace in eight months in July, with the Composite PMI rising from 50.0 to 52.0. The services sector returned to growth for the first time in three months, climbing to 51.7 from 49.4 in June. Additional positive signals came
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