Monday, Jun 08, 16:08 GMT
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Forex Blogs
The Advisor Blog: Usd/Jpy key level to watch by Valeria Bednarik
Pair has reached a key daily level, a descendant trend line coming form 110.28, today at 98.90, also past Friday's high. That's the point the pair needs to break...
CEO's Weblog: City investment banks send Treasury £9m bill for advice on financial crisis by Francesc Riverola
Trade Setups: Forex Video - 08 June '09 - 13:00 update by Phil Newton
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Live Sessions Schedule
Asian Session: Live Market Analysis
Expert: Dr.S.Sivaraman
Start: Tue, Jun 9, 05:00 GMT
Type of Session: Webinar
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Jun 9, 06:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jun 8, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Tue, Jun 9, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN |  |
| Tue, Jun 9, 06:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Jun 9, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Jun 9, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
Current Session: U.S.
Euro sell off continued reaching oversold conditions just above 1.3800
FXstreet.com Independent Analyst Team. − Euro sell off continued reaching oversold conditions in the hourly just above 1.3800, where correction started. Yet bearish trend remains strong in bigger time frames suggesting upside movements will remain limited. 20 SMA bearish slope should hold the upside and if not, pullback to the daily ascendant broken line, now around 1.3960 will..
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USD/JPY
Weekly Technical Commentary by Mizuho Corporate Bank
Last week's strong rally from support at the 26−week moving average (which held for four consecutive weeks) has forced us to adjust our view. It signals a failed downside push and heralds yet more sideways trading in the broad band that has held since March (roughly between 94.00 and 100.50).
Dollar
Greenback Slips After Posting Its Largest 1 Day Gain by ForexYard
The currency market is focusing on U.S. short−term Interest Rates as talk of a rate increase by the Federal Reserve has emerged. Dealers said that market participants will focus on a slew of Treasuries auctions this week. If longer−term Treasury yields rise on supply worries, this could weigh on the U.S dollar.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, i-knowindices.com, Mizuho Corporate Bank, MolFX - Management
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
EUR USD, Hourly
Top Market Movers Preview
Germany INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Jun 9 | 10:00 | Industrial Production s.a. (MoM) | -0.2% | 0.0% |
| Jun 9 | 10:00 | Industrial Production s.a. w.d.a. (YoY) | -21.1% | -20.4% |
EMU economic indicators - Output in the German producing sector (April): decrease likely by BHF−Bank
Output in the German producing sector will probably have decreased in April, just like the ifo Institute's current assessment of the situation in the manufacturing sector.
[ Full Story ]Top Market Movers Review
Germany FACTORY ORDERS S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 8 | 10:00 | Factory Orders s.a. (MoM) | 0.0% | -0.8% | 3.7% |
| Jun 8 | 10:00 | Factory Orders n.s.a. (YoY) | -37.1% | -35.8% | -26.5% |
DATA SNAP: German April Mfg Orders Flat, Demand Stabilizing (Dow Jones)
[ Full Story ]- Read the Factory Orders data at the Bundesbank
- UPDATE: German April Mfg Orders Flat, Demand Stabilizing (Dow Jones)
- Germany Apr MoM factory orders on hold from last month, −37.1% YoY (FXstreet.com)
Friday Notes - Germany, New Orders: Slump in demand halted by UniCredit Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 8 | 10:00 | DE | Factory Orders n.s.a. (YoY) (Apr) | -37.1% | -35.8% | -26.5% |
| 12:15 | CA | Housing Starts s.a (YoY) (May) | 128.4K | 127.0K | 118.0K |
|
| 23:01 | UK | BRC Retail Sales Monitor − All (YoY) (May) | 4.6% | |||
| 23:01 | UK | RICS House Price Balance (May) | -52.0% | -59.9% | ||
| Jun 9 | 00:30 | AU | RBA Foreign Exchange Transaction (May) | 5.12M | ||
| 01:30 | AU | ANZ Job Advertisements (May) | -7.5% | |||
| 01:30 | AU | National Australia Bank's Business Conditions (May) | -10 | |||
Educational Resources
New Rob Booker's ebook: Man vs. Market
Is it Man versus Market? Or something else entirely?
It's you against the Market, that's what they'll tell you. But if we stop for a moment, what do we see? Is it maybe the contrary, Man versus Market?
Read Rob Booker's last ebook... A little entertaining lesson about trading and your relationship with the market, the rest of traders and yourself.
Related Resources
Previous Rob Booker's ebook - It's 2009. Get Your Trading S*** Together, Man!
Meet Rob in person at the ITC '09 Barcelona!