Monday, Jun 18, 08:06 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
What moves currencies? - The Week Ahead
Expert: Tony Juste
Start: Mon, Jun 18, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
US Pre-Market Open
Expert: Ed Ponsi
Start: Mon, Jun 18, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Mon, Jun 18, 10:00 GMT | What moves currencies? - The Week Ahead | Tony Juste | WBN | |
| Mon, Jun 18, 12:00 GMT | US Pre-Market Open  | Ed Ponsi | WBN | |
| Mon, Jun 18, 13:20 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Jun 18, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
Current Session: Europe
EUR/USD
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
The Euro recovered on Friday and it is now near the 1.34 mark, being well supported by the long-term barrier at 1.3265. Support is currently seen at 1.3370 backed by 1.3330 and 1.3290. Resistance starts at 1.3405 followed by 1.3440 and 1.3470. Daily sentiment is bullish, hourly is neutral at the time of this writing.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- Price Flash: The 3 Europeans fall... 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:
Forex Technical Report - Forex Technical Report EUR/USD by iFOREX.bg
Forecast on Forex Majors - Forecast on Forex Majors by FX-Strategy
Daily Market Commentary - The dollar extended its gains against the yen but fell versus the European currencies on Friday by Global Forex Trading Ltd.
Currencies at a Glance
- EUR/USD
- Continues to move up toward first resistant level 1.3416
06/18/2007 07:07 GMT - GBP/USD
- Moves up toward second resistant level 1.9831
06/18/2007 07:07 GMT - USD/CHF
- Moves down below opening price level 1.2413 , below pivot level 1.2429
06/18/2007 07:06 GMT - USD/JPY
- Stays above opening price level 123.41 , above pivot level 123.32
06/18/2007 07:07 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - USD/JPY
**Source : ActionForex.com, 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
US NAHB HOUSING MARKET INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Jun 18 | 17:00 | NAHB Housing Market Index | 29 | 30 |
Economic Commentary - Housing Chartbook - June 2007 by Wachovia
The drags on U.S. GDP growth probably will diminish this year. Housing is likely to be less of a drag, as are the auto and trucking sectors.
[ Full Story ]Top Market Movers Review
Switzerland INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 18 | 07:15 | Industrial Production (QoQ) | 1.1% | - | 8.5% |
| Jun 18 | 07:15 | Industrial Production (YoY) | 7.3% | 7.9% | 8.9% |
Swiss Industrial production increases 7.3% on the year (FXstreet.com)
Industrial production increased 7.3% in the first quarter of the year 2007 from the same period the previous year, and it went 1.1% up from the previous quarter, according to the Swiss Statistics Office. The reasons behind this strong increment have been the good figures on durable and consumer goods production, data for construction is not included in this survey.
[ Full Story ]- Swiss statistics homepage
- Swiss Q1 industrial output up 7.3 pct year-on-year (AFX News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 18 | 07:15 | CH | Industrial Production (QoQ) (1Q) | 1.1% | 8.5% |
|
| 07:15 | CH | Industrial Production (YoY) (1Q) | 7.3% | 7.9% | 8.9% | |
| 12:30 | CA | International Securities Transactions (Apr) | $3.000B | $4.656B | ||
| 17:00 | US | NAHB Housing Market Index (Jun) | 29 | 30 | ||
| Jun 19 | 09:00 | DE | ZEW Survey - Economic Sentiment (Jun) | 30 | 24 | |
| 11:50 | JP | BoJ Minutes (Apr 27) | ||||
| 12:30 | US | Building Permits (MoM) (May) | 1.475M | 1.457M | ||
| 12:30 | US | Housing Starts (YoY) (May) | 1.485M | 1.530M | ||
| Jun 20 | 08:30 | UK | Bank of England Minutes | |||
| 08:30 | UK | M4 Money Supply (MoM)  | 1.0% | 1.3% | ||