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EUROPEAN Trading Newsletter
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Live Coverage of ECB Announcement - Live Free-Access Day
Expert: Ed Ponsi
Start: Thu, Apr 12, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
Technical Analysis Q&A - Live Free-Access Day
Expert: Tony Juste
Start: Thu, Apr 12, 14:00 GMT
Sponsored by:
Type of Session: Webinar
The best times to trade - Live Free-Access Day
Expert: Sunil Mangwani
Start: Thu, Apr 12, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: Europe
GBP/USD
Currency Majors Technical Analysis - GBP/USD, in a range between 1,9590 and 1,9800 by Mataf.net
1,9755. GBP USD is in a range between 1,9590 and 1,9800. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are parallel and form the trend. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration.
- JPY crosses watch - EUR/JPY and GBP/JPY charts 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
- Read the comments to the latest market moves at our Forex Forum
Other Topics for this Session:
Forecast on Forex Majors - Forecast on Forex Majors by FX-Strategy
Daily Forex and Dow Jones Recommended Levels - Fxtechtrade by FXtechtrade
Forex Market Outlook on Majors - Forex Market Outlook on Majors by AceTrader
Currencies at a Glance
- EUR/USD
- Trades around 1.3430 , above today's pivot at 1.3413
04/11/2007 06:58 GMT - GBP/USD
- Moves up above first resistant at 1.9780
04/11/2007 06:58 GMT - USD/CHF
- Continues to trade around 1.2175 , below today's pivot at 1.2193
04/11/2007 06:58 GMT - USD/JPY
- Moves up above today's pivot at 119.04
04/11/2007 06:58 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, Saxo Bank
[ View ASI page ] [ View USD/JPY page ]
Charting the Market Movers
EUR USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
UK LEADING INDICATOR INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Apr 11 | 14:30 | Leading Indicator Index | - | 0.3% |
Asia Market Update - Traders dump the USD on U.S.-China trade tensions by Trade The News
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "As UK economy enters into danger zone (inflation -vs- public deficit), the leading indicators may shed some light in what to expect in the short term. The general consensus that the Bank of England will keep on raising interest rates (some foresee the 6% mark to be hit) should be priced in today's data and the overall short-term direction of the economy." - FXstreet.com
Top Market Movers Review
UK BRC RETAIL SALES MONITOR - ALL
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 10 | 23:01 | BRC Retail Sales Monitor - All (YoY) | 3.9% | - | 3.3% |
UK March like-for-like retail sales up 3.9 pct on prior year - BRC (AFX News)
The earlier timing of Easter this year helped retail sales in the UK grow at their fastest rate in nearly a year during March, a leading lobby group said today. In its monthly survey, the British Retail Consortium revealed that like-for-like sales -- those that exclude new office stores and space -- rose by 3.9 pct in March from the year before.
[ Full Story ]- Read the Retail Sales report at British Retail Consortium
- UK retailers may be set for resurgence after Q1 results show underlying strength (AFX News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 10 | 23:01 | UK | BRC Retail Sales Monitor - All (YoY) | 3.9% | 3.3% | |
| Apr 11 | 12:15 | CA | Housing Starts (YoY) | 196K | ||
| 13:30 | AU | Unemployment Rate | 4.5% | |||
| 14:30 | US | EIA Crude Oil Stocks (Apr 6) | -0.9 | |||
| 14:30 | UK | Leading Indicator Index | 0.3% | |||
| 18:00 | US | FOMC Minutes (Mar 21) | ||||
| 23:01 | UK | RICS House Price Balance | 24% | |||
| 23:50 | JP | Domestic CGPI (MoM) | 0% | |||
| Apr 12 | 01:30 | AU | Employment Change | 22K | ||
| 09:00 | EMU | Gross Domestic Product s.a. (YoY) | 3.3% | 3.3% | ||