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Current Session: Europe
EUR/USD
Bank Recomendations - UBS, MERRILL LYNCH by Finotec Group Inc.
EURUSD maintains an upward path from the 1.3072 March 5 low, recently moving to within striking distance of the 1.3261 February 27 high. The next resistance is the 1.3298 January 2 prominent reaction high. Support is currently in the 1.3177 to 1.3155 area, congestion from recent reaction lows.
- FOREX FORUM: Technical Analysis forum. Post your charts and share your technical point of view.
- Read The EUR/USD watch by Tony Juste
- 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:
Daily Forex Commentary - Week of the USD by Jyske Bank
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
US Trading Preview - Focus for the week ahead will continue to remain on the state of the US economy by Forexnews.com
Currencies at a Glance
- EUR/USD
- Continues to trade below today's pivot at 1.3296
03/19/2007 10:05 GMT - GBP/USD
- After rejected at 1.9458, the pair trades around today's pivot at 1.9428
03/19/2007 10:05 GMT - USD/CHF
- Moving up above 1.2100, above today's pivot at 1.2090
03/19/2007 10:05 GMT - USD/JPY
- Back above first resistant at 117.29 , trades around 117.45
03/19/2007 10:05 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
Canada INTERNATIONAL SECURITIES TRANSACTIONS
| Date (GMT) | Event | Cons. | Previous | |
| Mar 19 | 12:30 | International Securities Transactions | $1.28B | -$3.26B |
Weekly Economic Letter - An update on real return bonds by National Bank of Canada
Canadian inflation could be higher than expected in February (+0.6% during February) and somewhat sticky in March.
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "The surplus (expected) again in the overall international transactions is needed as Canada holds a relatively tight monetary policy, and the appetite for Canadian securities is needed (especially those coming from the US) in the aim to continue to have a dynamic and robust economy." - FXstreet.com
Top Market Movers Review
UK RIGHTMOVE HOUSE PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 19 | 00:01 | Rightmove House Price Index (MoM) | 1.5% | - | 0.9% |
| Mar 19 | 00:01 | Rightmove House Price Index (YoY) | 12.2% | - | 11.5% |
UK housing market robust in March - Rightmove (AFX News)
The UK housing market was firm in March, with prices up 1.5 pct from the previous month taking the annual rate up to 12.2 pct, according to property website Rightmove. The average UK house now costs 228,183 stg compared with 224,802 stg the previous month.
[ Full Story ]- Rightmove homepage
- UK Rightmove March House Price Index +1.5% M-M, +12.2% Y-Y (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 19 | 00:01 | UK | Rightmove House Price Index (MoM) (Mar) | 1.5% | 0.9% | |
| 00:01 | UK | Rightmove House Price Index (YoY) (Mar) | 12.2% | 11.5% | ||
| 12:30 | CA | International Securities Transactions | $1.28B | -$3.26B | ||
| 12:30 | CA | Wholesale Sales (MoM) | -0.9% | 2.7% | ||
| Mar 20 | 04:00 | JP | BoJ Target Rate | 0.5% | 0.5% | |
| 09:30 | UK | Consumer Price Index (YoY) (Feb) | 2.7% | 2.7% | ||
| 12:30 | US | Building Permits (MoM) (Feb) | 1650K | 1571K | ||
| 12:30 | US | Housing Starts (YoY) (Feb) | 1.450M | 1.408M | ||
| Mar 21 | 18:15 | US | FOMC Policy Announcement | |||
| Mar 22 | 12:30 | US | Initial Jobless Claims (Mar 17) | 318K | ||