Friday, Apr 13, 07:38 GMT
EUROPEAN Trading Newsletter
To Get Started
- Special Coverage: ECB Meeting Review
- Who call the shots in the Forex Market? Reply to Sonic in the Forum
- Breaking News: FXstreet.com International Traders Conference - Barcelona 2007
- One Day Forex Education Webinar: Trading tactics - doing well in turbulent times with Tony Juste & Derek Frey
- The Advisor Blog: Euro wants more stops
- Check out the rest of our New format FXstreet.com Newsletters and subscribe now!
Send us your feed back. Post your comments about the new newsletters' format in the Forum.
Special Webinars
Weekly Webinar: 1st on Forex - The Week Ahead
Expert: Jerry Furst
Start: Mon, Apr 16, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Apr 16, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Objective Supply and Demand analysis
Expert: Sam Seiden
Start: Tue, Apr 17, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: Europe
EUR/USD
Forex Technical Analysis - EUR/USD:(1.3511) In channel off 1.2877 by KBC Bank
New year high with move above 1.3317 (monthly Downtrendline off 1992 on synthetic charts) and currently above 1.3472 (LT daily Downtrenline off 1992 on same charts). Tested redrawn channel top off 1.2877 (see graph).
- Trade Alert: EUR/USD 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:
Currency Majors Technical Analysis by Mataf.net
Daily Market Commentary - The dollar sank across the board on Thursday by Global Forex Trading Ltd.
Currency Journal: Euro up on hawkish comments after as is ECB decision by Performance Capital
Currencies at a Glance
- EUR/USD
- Trades around 1.3520 , above first resistant level at 1.3512
04/13/2007 07:33 GMT - GBP/USD
- Continues to move up above second resistant level at 1.9861
04/13/2007 07:33 GMT - USD/CHF
- Drops below last week low at 1.2119 , below second support level at 1.2120
04/13/2007 07:33 GMT - USD/JPY
- Continues to move down toward second support level at 118.44
04/13/2007 07:33 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
EMU INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Apr 13 | 09:00 | Industrial Production s.a. (MoM) | 0.4% | -0.2% |
Friday Notes - Rising risks for us consumption by HVB Group
After the slight decline in January, industrial production should remain flat in February. The underlying trend is gradually cooling off, in line with the recent figures of major factory surveys, which depict a moderate cyclical slowdown in the manufacturing sector. However, the broader GDP outlook remains one of solid growth.
[ Full Story ]Top Market Movers Review
New Zealand RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 12 | 22:45 | Retail Sales | 1.9% | - | 1.0% |
Overnight Briefing: Far East Timezone - New Zealand retail sales surge in February by Jyske Bank
New Zealand retail sales surged at their fastest pace in nearly three years in February, backing views the central bank will need to lift interest rates again and pushing up the currency to a near two-year high.
[ Full Story ]- Read the Retail Trade Survey at Statistics New Zealand
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 12 | 22:45 | NZ | Retail Sales | 1.9% | 1.0% | |
| Apr 13 | 09:00 | EMU | Industrial Production s.a. (MoM) | 0.4% | -0.2% | |
| 12:30 | US | Producer Price Index (MoM) (Mar) | 0.6% | 1.3% | ||
| 12:30 | US | Producer Price Index ex Food & Energy (MoM) (Mar) | 0.2% | 0.4% | ||
| 12:30 | US | Trade Balance (Feb) | $60.50B | -$59.12B | ||
| 12:30 | CA | International Merchandise Trade | $6.00B | $6.35B | ||
| Apr 16 | 12:30 | US | Retail Sales (MoM) (Mar) | 0.4% | 0.1% | |