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US Pre-Market Open
Expert: Jerry Furst
Start: Tue, Apr 24, 12:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider/Investors Education Network/logo_36x13.gif
Type of Session: Webinar


Technical Analysis
Expert: Valeria Bednarik
Start: Tue, Apr 24, 15:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider//logo_36x13.gif
Type of Session: Webinar
Topics
- Indicators
- Oscillators


Objective Rule Based Trading in Forex
Expert: Sam Seiden
Start: Tue, Apr 24, 16:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider/Online Trading Academy/logo_36x13.gif
Type of Session: Webinar

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Current Session: Europe

EUR/USD

Daily Recommended Trades - EUR/USD daily outlook by E-Forex

The Euro failed to hold above the 1.3578 support level on yesterday and declined but it been well supported in the mid 1.35 area by the 1.3555 support level. Support backs 1.3555 at 1.3525 and 1.3500. Resistance is noticed at 1.3585 followed by 1.3600 and 1.3635.

[ Full Story ]

Other Topics for this Session:

Daily Technical Analysis - EUR/JPY: Many Yen crosses are consolidating below this month’s high by Mizuho Corporate Bank

Currency Majors Technical Analysis - Currency Majors Technical Analysis by Mataf.net

Daily Forex and Dow Jones Recommended Levels - Fxtechtrade by FXtechtrade

Currencies at a Glance

EUR/USD
Trades around 1.3565 , below today's pivot at 1.3574
04/24/2007 06:50 GMT
GBP/USD
Continues to trade around first support level at 1.9968 , below yesterday low at 1.9975
04/24/2007 06:50 GMT
USD/CHF
Moves down below today's pivot at 1.2092 on narrow daily range
04/24/2007 06:50 GMT
USD/JPY
Continues to trade around 118.45 , above first support level at 118.24
04/24/2007 06:50 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - USD/JPY


USD

**Source : CMS ForexDanske Bank A/SFinotec Group Inc.FXstreet.comGlobal Forex Trading Ltd. KBC BankMizuho Corporate Bank

[ View ASI page ] [ View USD/JPY page ]

Charting the Market Movers

EUR USD, Hourly


EUR/USD

USD JPY, Hourly


USD/JPY

Top Market Movers Preview

Canada BANK OF CANADA RATE DECISION

Date (GMT)EventCons.Previous
Apr 2413:00Bank of Canada Rate Decision4.25%4.25%

Weekly Market Commentary - Front page news as the pound trades above $2 by Mizuho Corporate Bank

The Bank of Canada decides on rates (unanimously expected unchanged at 4.25%). Wednesday Japan’s March Trade Balance, German April IFO, UK Q1 GDP, US March Durable Goods Orders and New Home Sales, plus the Fed’s Beige Book.

[ Full Story ]

Weekly Economic Letter - US corporate profits threatened by worst GDP-productivity combination since 1995 by National Bank of Canada

Top Market Movers Review

Australia CONSUMER PRICE INDEX

Date (GMT)EventActualCons.Previous
Apr 2401:30Consumer Price Index (QoQ)0.1%--0.1%
Apr 2401:30Consumer Price Index (YoY)2.4%-3.3%

Asia Market Update - Traders dump the Aussie dollar after soft Q1 inflation data by Trade The News

Reserve Bank of Australia seen on hold after soft CPI data: (AU Q1 CPI QOQ: 0.1% V 0.6% expected; YOY: 2.4% V 3.0% expected) Traders dumped the Aussie dollar after the release, with interbank futures now showing an 8% chance of a RBA hike in May vs. 45% priced in late on Monday.

[ Full Story ]

Overnight Briefing: Far East Timezone - Australian inflation low in Q1 by Jyske Bank

Start the Day - Australian Q1 Weighted CPI +0.5% Q/Q +2.7% Y/Y, inside Reserve bank target 2% to 3% by Mizuho Corporate Bank

Morning Report - AUD weaker following PPI, Q1 CPI awaited by Westpac Institutional Bank

Economic Events

Date (GMT)CountryEventActualCons.Previous
Apr 2401:30AU Consumer Price Index (QoQ) (1Q) 0.1%-0.1%
01:30AU Consumer Price Index (YoY) (1Q) 2.4%3.3%
06:15CH Trade Balance (Mar) 0.718B1.380B
09:00EMUIndustrial New Orders (YoY) (Feb) 12%
09:00EMUIndustrial New Orders s.a. (MoM) (Feb) -0.2%
13:00CA Bank of Canada Rate Decision 4.25%4.25%
13:15UK CBI Industrial Trends Survey - Total Orders (Apr) 6%8%
14:00US Consumer Confidence (Apr) 105.0107.2
14:00US Existing Home Sales (Mar) 6.506.69M
14:00US Richmond Fed Manufacturing Index (Apr) -6-10
[ View All ]
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