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Abdul KhanAsia-Pacific trading Webinar - Free-Access Day
Expert: Abdul Khan
Start: Thu, Jun 14, 12:00 GMT
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Type of Session: Webinar


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Thu, Jun 14, 10:00 GMTWhat moves currencies? - JPY crosses watch - Free-Access DayTony JusteWBNSponsored by FXstreet.com
Thu, Jun 14, 12:00 GMTAsia-Pacific trading Webinar - Free-Access DayAbdul KhanWBNSponsored by
Thu, Jun 14, 13:00 GMTRaghee Horner's Four Step Trading: Forex - Free-Access DayRaghee HornerWBNSponsored by Premium
Thu, Jun 14, 14:00 GMTTechnical Analysis Q&A - Free-Access DayTony JusteWBNSponsored by
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Current Session: Europe

EUR/USD

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

The Euro managed to set a fresh multi-week low at 1.3262 on yesterday but soon recovered and broke 1.3300 where it is stabilized at the time of this writing. Support is now seen at 1.3300 backed by 1.3285, 1.3265 and 1.3250. Resistance emerges at 1.3315, 1.3330 and 1.3350.

[ Full Story ]

Other Topics for this Session:

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

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

Forecast on Forex Majors - Forecast on Forex Majors by FX-Strategy

Currencies at a Glance

EUR/USD
Moves down below pivot level 1.3296
06/14/2007 07:25 GMT
GBP/USD
Moves down toward first support 1.9684
06/14/2007 07:26 GMT
USD/CHF
Floating around pivot level 1.2443
06/14/2007 07:26 GMT
USD/JPY
Continues to move up toward first resistant level 123.14
06/14/2007 07:26 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - USD/JPY


USD

**Source : ActionForex.comCMS 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

UK RETAIL SALES

Date (GMT)EventCons.Previous
Jun 1408:30Retail Sales (YoY)3.8%4.2%
Jun 1408:30Retail Sales (MoM)0.3%-0.1%

Friday Notes - Italy: Draghi's wake up call by HVB Group

After a weaker-than-expected outcome in April, we expect May retail sales to have remained unchanged compared to the previous month, consistent with indications coming from the BRC retail sale survey. This would push the yearly rate of growth down compared to previous months, signaling a slowdown in the underlying trend.

[ Full Story ]

Top Market Movers Review

Germany CONSUMER PRICE INDEX

Date (GMT)EventActualCons.Previous
Jun 1406:00CPI - EU Harmonised (YoY)2%2%2%
Jun 1406:00Consumer Price Index (YoY)1.9%1.9%1.9%
Jun 1406:00Consumer Price Index (MoM)0.2%0.2%0.4%

DATA SNAP: German Final May CPI +0.2%MM, +1.9%YY (Dow Jones)

German consumer prices rose at a slower pace in May than in April, as food and clothing prices declined on the month, data from the Federal Statistics Office showed Thursday. Consumer prices rose 0.2% on the month and 1.9% on the year, final data from the Statistics Office showed.

[ Full Story ]

Australia RESERVE BANK OF AUSTRALIA GOVERNOR GLENN STEVENS SPEAKS

Date (GMT)EventActualCons.Previous
Jun 1402:55Reserve Bank of Australia Governor Glenn Stevens Speaks---

Asia Market Update - Traders dump the AUD after RBA governor fails to signal imminent rate hike by Trade The News

Traders dump the AUD after RBA governor speech: Stevens said that the recent CPI slowdown provides some room for further assessment, adding that the high AUD is dampening import inflation.

[ Full Story ]

Economic Events

Date (GMT)CountryEventActualCons.Previous
Jun 1402:55AU Reserve Bank of Australia Governor Glenn Stevens Speaks 
06:00DE Consumer Price Index (MoM) (May) 0.2%0.2%0.4%
06:00DE Consumer Price Index (YoY) (May) 1.9%1.9%1.9%
06:00DE CPI - EU Harmonised (YoY) (May) 2%2%2%
08:00EMUECB Publishes Monthly Report (Jun) 
08:30UK Retail Sales (MoM) (May) 0.3%-0.1%
08:30UK Retail Sales (YoY) (May) 3.8%4.2%
09:00EMUConsumer Price Index - Core (YoY) (May) 1.9%1.9%
09:00EMUConsumer Price Index (MoM) (May) 0.3%0.6%
12:30US Initial Jobless Claims (Jun 9) 312K309K
[ View All ]
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