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Monday, May 28, 08:04 GMT

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Live Sessions Schedule

Jerry FurstWeekly Webinar: 1st on Forex - The Week Ahead
Expert: Jerry Furst
Start: Mon, May 28, 11:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider/Investors Education Network/logo_36x13.gif
Type of Session: Webinar


John Putman24 hour Outlook
Expert: John Putman
Start: Mon, May 28, 17:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider/FXstreet.com/logo_36x13.gif
Type of Session: Webinar


Sponsored By:
Mon, May 28, 11:00 GMTWeekly Webinar: 1st on Forex - The Week AheadJerry FurstWBNSponsored by Investors Education Network
Mon, May 28, 12:00 GMTUS Pre-Market Open Ed PonsiWBNSponsored by
Mon, May 28, 13:20 GMTUS Session Open Ed PonsiWBNSponsored by
Mon, May 28, 16:00 GMTTrading with Tim Billups Tim BillupsWBNSponsored by FXstreet.com
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Current Session: Europe

EUR/USD

Forex Technical Report - Forex Technical Report EUR/USD by iFOREX.bg

EUR/USD Open 1.3437 High 1.3465 Low 1.3413 Close 1.3423.
The forex trading on Friday was quiet and and the Euro was trading in the range 1.3414-1.3462 US Dollars.
Today if the Euro gets through the resistance zone at 1.3458, its target will be to reach and test 1.3510.

[ Full Story ]

Other Topics for this Session:

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

Currency Majors Technical Analysis - 1,3457. EUR USD is in an downtrend by Mataf.net

Daily Forex and Dow Jones Recommended Levels - Fxtechtrade by FXtechtrade

Currencies at a Glance

EUR/USD
Stays above opening price level at 1.3446 , above pivot level at 1.3442
05/28/2007 06:42 GMT
GBP/USD
Continues to trade below pivot level at 1.9848
05/28/2007 06:42 GMT
USD/CHF
Trades below pivot level 1.2276
05/28/2007 06:42 GMT
USD/JPY
Stays below opening price level at 121.77 , above pivot level at 121.50
05/28/2007 06:42 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - USD/JPY


USD

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

Germany CONSUMER PRICE INDEX

Date (GMT)EventCons.Previous
May 2912:00Consumer Price Index (YoY)1.9%1.9%
May 2912:00Consumer Price Index (MoM)0.2%0.4%

Friday Notes - Risk of rising inflation expectations by HVB Group

The introduction of tuition fees in several German states put additional significant pressure on prices in April. In May, in contrast, the increase in consumer prices should be more moderate again, despite higher gasoline and travel as well as hotel prices. The y-o-y rate will probably be virtually unchanged at just below the 2% mark. But the trend is up.

[ Full Story ]

Top Market Movers Review

US EXISTING HOME SALES

Date (GMT)EventActualCons.Previous
May 2514:00Existing Home Sales (MoM)-2.6%-0.3%-8.4%
May 2514:00Existing Home Sales5.99M6.10M6.15M

ECONOMIC REPORT: U.S. Existing Home Sales Drop To 4-year Low In April (Dow Jones)

Resales of U.S. homes fell 2.6% in April to a seasonally adjusted annualized rate of 5.99 million, the slowest pace in four years, the National Association of Realtors said Friday. Sales are down 10.7% since April 2006.

[ Full Story ]

The Week Ahead - Durable Goods Orders, New and Existing Home Sales by BBVA Bancomer

U.S: Are house prices bound to adjust further? by BBVA Bancomer

Economic Events

Date (GMT)CountryEventActualCons.Previous
May 2823:30JP Jobless Rate 4%4%
23:50JP Retail Trade (YoY) -0.4%-0.7%
23:50JP Retail Trade s.a (MoM) -0.2%-1.3%
May 2908:00EMUCurrent Account -5.3B2.7B
12:00DE Consumer Price Index (MoM) 0.2%0.4%
12:00DE Consumer Price Index (YoY) 1.9%1.9%
14:00CA BoC Interest Rate Announcement 4.25%4.25%
14:00US Consumer Confidence (May) 104.5104.0
May 3018:00US FOMC Minutes (May 9) 
May 3112:30US Initial Jobless Claims (May 26) 315311K
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