Tuesday, May 22, 07:36 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, May 22, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
What moves currencies?
Expert: Tony Juste
Start: Tue, May 22, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Tue, May 22, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, May 22, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Tue, May 22, 13:00 GMT | Raghee Horner's Four Step Trading: Forex  | Raghee Horner | WBN |  |
| Tue, May 22, 13:30 GMT | Trade the 200MA strategy in the FxInstructor Live Trading Room | Sunil Mangwani | WBN |  |
Current Session: Europe
EUR/USD
Currency Majors Technical Analysis - EUR USD is in an downtrend by Mataf.net
1,3457. EUR USD is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a support above 1,3400.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- The USD retraces by Tony Juste
- The Signals Tracker: track down the performance of a particular signals provider
- 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 - The Canadian dollar keeps going by Jyske Bank
Forecast on Forex Majors - Forecast on Forex Majors by FX-Strategy
EUR/USD Daily Outlook - EUR/USD Daily Outlook by AceTrader
Currencies at a Glance
- EUR/USD
- Moves up above opening price level at 1.3466 , below pivot level at 1.3478
05/22/2007 07:05 GMT - GBP/USD
- Moves up above pivot level at 1.9716
05/22/2007 07:05 GMT - USD/CHF
- Moves down below pivot level at 1.2297
05/22/2007 07:05 GMT - USD/JPY
- Moving down below pivot level at 121.34
05/22/2007 07:05 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - USD/JPY
**Source : CMS Forex, Danske Bank A/S, Finotec Group Inc., FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank
[ View ASI page ] [ View USD/JPY page ]
Charting the Market Movers
EUR USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
Germany ZEW SURVEY - ECONOMIC SENTIMENT
| Date (GMT) | Event | Cons. | Previous | |
| May 22 | 09:00 | ZEW Survey - Economic Sentiment | 22.0 | 16.5 |
EMU economic indicators - German ZEW economic sentiment might improve for the sixth consecutive time by BHF-Bank
In May, German ZEW economic sentiment might improve for the sixth consecutive time. The ifo business expectations in the German business sector, the US ISM index and the DAX performance index have all gone up.
[ Full Story ]Top Market Movers Review
Australia NEW MOTOR VEHICLE SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 22 | 01:30 | New Motor Vehicle Sales (MoM) | -1.1% | - | 1.0% |
Australia April new vehicle sales down seasonally adj 1.1 pct mth-on-mth (AFX News)
New motor vehicle sales in April totaled 86,111 units, down 1.1 pct from March in seasonally adjusted terms, the Australian Bureau of Statistics (ABS) said. In March, new vehicle sales rose a revised 0.7 pct from February to 87,108 units, lower than the previous estimate of a 1.0 pct increase. Over the year to April, new vehicle sales were up 8.0 pct.
[ Full Story ]- Read the Upward trend of new motor vehicle sales continues at Australian Bureau of Statistics
- Australian New Auto Sales -1.1% In April Vs March (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 22 | 01:30 | AU | New Motor Vehicle Sales (MoM) | -1.1% | 1.0% | |
| 05:00 | JP | BoJ Minutes | ||||
| 09:00 | EMU | Trade Balance s.a. | €0.7B | |||
| 09:00 | DE | ZEW Survey - Economic Sentiment | 22.0 | 16.5 | ||
| May 23 | 08:30 | UK | Bank of England Minutes | |||
| 09:00 | EMU | Industrial New Orders (YoY) | 5.9% | 4.7% | ||
| 09:00 | EMU | Industrial New Orders s.a. (MoM) | 1.0% | -0.7% | ||
| 14:30 | US | EIA Crude Oil Stocks (May 18) | 1.1M | |||
| May 24 | 06:00 | DE | Gross Domestic Product w.d.a (YoY) | 3.6% | 1.0% | |
| 08:00 | DE | IFO - Business Climate | 108.9 | 108.6 | ||