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EUROPEAN Trading Newsletter
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Special Webinars
Technical Outlook for the Majors - What to Expect
Expert: Jamie Saettele
Start: Wed, Mar 14, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
The FX Mirror
Expert: Patrick Dyess
Start: Wed, Mar 14, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- Charts
- News releases
- Trading styles & techniques
US Pre-Market Open - Live Free-Acess Day
Expert: Ed Ponsi
Start: Thu, Mar 15, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: Europe
EUR/JPY
Daily Forex Technical Report - Yen Extends Rally as Stock Market Tumbles by ActionForex.com
EUR/JPY's fall from 155.72 continues today, reaching as low as 152.64 so far. At this point, intraday bias remains on the downside and further decline is still expected towards 152.23 support. Firm break of 152.23 will argues that the sharp fall from 159.63 has resumed with a retest of 150.75 low first.
- FOREX FORUM: Technical Analysis forum. Post your charts and share your technical point of view.
- Read Tony Juste's latest comments on the Yen
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
Other Topics for this Session:
Forex Technical Analysis - EUR/USD:(1.3193) Above triangle top off 1.3260 by KBC Bank
Forex Daily Analysis - Carry trades' unwinding and lower oil prices boost the JPY by ForexYard
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
Currencies at a Glance
- EUR/USD
- Continues to move in very tight range, trades around 1.3200
03/14/2007 07:20 GMT - GBP/USD
- Drops below first support at 1.9249
03/14/2007 07:21 GMT - USD/CHF
- Bounced at first support 1.2141, now trades around 1.2150
03/14/2007 07:21 GMT - USD/JPY
- Moves down below 116.00
03/14/2007 07:21 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - USD/JPY
**Source : CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading Ltd. , KBC Bank, Mizuho Corporate Bank
[ View ASI page ] [ View USD/JPY page ]
Charting the Market Movers
EUR USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
UK CLAIMANT COUNT RATE
| Date (GMT) | Event | Cons. | Previous | |
| Mar 14 | 09:30 | Claimant Count Rate | 2.9% | 2.9% |
Friday Notes - Correction, not a trend reversal by HVB Group
In February, we expect the mild downward trend in unemployment to continue, as employment growth remains on a strong footing and the labor supply is likely to decline. Reports on salary negotiations have not showed signs of faster wage growth so far. We see January average earnings ex-bonuses to have edged up only slightly to 3.8% (December: +3.7%).
[ Full Story ]Top Market Movers Review
Japan INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 14 | 04:30 | Industrial Production (MoM) | -1.7% | -1.5% | 0.9% |
Japan revised Jan industrial output down 1.7 pct from Dec (AFX News)
Industrial output in January fell a seasonally adjusted 1.7 pct from December, deeper than the initial estimate of a 1.5 pct drop, according to revised data from the Ministry of Economy, Trade and Industry.
[ Full Story ]- Read the Revised Report on Indices of Industrial Production at METI
- Japan Feb Power Output Dn 1.6% On Yr At 78.24B KWh (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 13 | 21:45 | NZ | Manufacturing Production (MoM) (4Q) | -2.2% | 2.7% | |
| Mar 14 | 04:30 | JP | Industrial Production (MoM) | -1.7% | -1.5% | 0.9% |
| 09:30 | UK | Claimant Count Rate (Feb) | 2.9% | 2.9% | ||
| 10:00 | EMU | Industrial Production w.d.a. (YoY) (Jan) | 4.1% | 4.0% | ||
| 10:00 | EMU | Industrial Production s.a. (MoM) (Jan) | 0.2% | 1.0% | ||
| 12:30 | US | Current Account (4Q) | $203.0B | $225.6B | ||
| Mar 15 | 12:30 | US | Initial Jobless Claims (Mar 10) | 325K | 328K | |
| 16:00 | US | Philadelphia Fed Manufacturing Survey (Mar) | 4.0 | 0.6 | ||
| Mar 16 | 13:15 | US | Industrial Production (MoM) (Feb) | 0.3% | -0.5% | |