EURUSD oversold bounce support at 1.1477EURO VS US DOLLARTRADENATION:EURUSDTradeNationMarkets will focus on the US July ISM Manufacturing Index, which should provide an important update on the health of the factory sector and offer fresh clues on the strength of the US economy. Investors will also monitor US total vehicle sales and June construction spending for further signs of consumer demand and business investment. In Europe, attention turns to Germany's June retail sales, which will gauge consumer spending, while Italy releases July new car registrations and its latest budget balance figures. In Switzerland, the July CPI report will be watched for inflation trends and any implications for Swiss National Bank policy. In Asia, the spotlight is on China's July RatingDog Manufacturing PMI, providing another snapshot of activity in the country's manufacturing sector and the pace of its economic recovery. On the corporate front, earnings are due from Palantir, Mitsubishi UFJ Financial Group, Vertex Pharmaceuticals, and Marriott International, with results expected to provide insight into technology, banking, healthcare and consumer travel trends. Key Support and Resistance Levels Resistance Level 1: 1.1594 Resistance Level 2: 1.1670 Resistance Level 3: 1.1740 Support Level 1: 1.1477 Support Level 2: 1.1400 Support Level 3: 1.1350 The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. To the extent permitted by law, in no event shall Trade Nation (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk. Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Financial Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.7% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.