Wednesday, Jun 27, 07:36 GMT
EUROPEAN Trading Newsletter
To Get Started
- FXstreet.com International Traders Conference: Come to Barcelona! Enjoy the Special Early Bird Discount
- The Signals Tracker: track down the performance of a particular signal provider
- Check out all our Delivery Options
- Kathy Lien's Team is back: Check the next Webinar's schedule
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Live Sessions Schedule
What moves currencies?
Expert: Tony Juste
Start: Wed, Jun 27, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Level of Sentiment in the FX Market
Expert: Antonio Sousa
Start: Wed, Jun 27, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Wed, Jun 27, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Wed, Jun 27, 13:00 GMT | Level of Sentiment in the FX Market | Antonio Sousa | WBN | |
| Wed, Jun 27, 14:00 GMT | Trading the Divergence setup | Sunil Mangwani | WBN |  |
| Wed, Jun 27, 18:00 GMT | Live Look at Today’s Markets  | Derek Frey | WBN |  |
Current Session: Europe
USD/JPY
Daily Market Commentary - The dollar managed to shake away weak New Home Sales and Consumer Confidence by Global Forex Trading Ltd
Dollar/yen recovered most losses from a 12-day low and is likely to consolidate in its major uptrend. Initial support is at 123.00. Below it, key support comes at 122.50 from another 50-point pivot, which targets 122.00 and 123.00. Immediate resistance is still seen from a 50-point pivot at 124.00 that targets 123.50 and 124.50.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- US data follow-up 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
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
Currency Majors Technical Analysis - Currency Majors Technical Analysis by Mataf.net
Currencies at a Glance
- EUR/USD
- Moves down below first support level 1.3431
06/27/2007 07:06 GMT - GBP/USD
- Trades around first support level 1.9958 after bounced at second support level 1.9929
06/27/2007 07:06 GMT - USD/CHF
- Moves up toward first resistant level 1.2304
06/27/2007 07:06 GMT - USD/JPY
- Moves down toward second support level 122.36
06/27/2007 07:06 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
Switzerland KOF SWISS LEADING INDICATOR
| Date (GMT) | Event | Cons. | Previous | |
| Jun 27 | 09:30 | KOF Swiss Leading Indicator | 2.06 | 1.96 |
Daily Forex Technical Report - Yen Extends Recovery, Swiss KOF and US Durables Watched by ActionForex.com
Swiss KOF leading indicator will be the main focal point in the European session today. The KOF indicator has made a positive run since bottoming at 1.72 earlier in Jan and reached 1.96 in May.
[ Full Story ]Top Market Movers Review
Japan RETAIL TRADE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 26 | 23:50 | Retail Trade (YoY) | 0.1% | - | -0.6% |
| Jun 26 | 23:50 | Large Retailer's Sales | -0.8% | - | -1.8% |
Overnight Briefing: American Timezone - Japan retail sales unexpectedly rose by Jyske Bank
Japanese retail sales unexpectedly rose in May from a year earlier, government data showed, pointing to a slight recovery in personal spending, but economists expect consumption to remain weak in the coming months.
[ Full Story ]- Read the Retail Sales report at Japan Ministry of Economy, Trade and Industry
- Japan May Overall Retail Sales Up 0.1% On Year (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 26 | 18:45 | NZ | Trade Balance (May) | 0.010B | 0.045B | -0.210 |
| 23:50 | JP | Large Retailer's Sales (May) | -0.8% | -1.8% | ||
| 23:50 | JP | Retail Trade (YoY) (May) | 0.1% | -0.6% | ||
| Jun 27 | 09:30 | CH | KOF Swiss Leading Indicator (Jun) | 2.06 | 1.96 | |
| 12:30 | US | Durable Goods Orders (May) | -1.0% | 0.6% | ||
| 12:30 | US | Durable Goods Orders ex Transportation (May) | 0.2% | 1.9% | ||
| 15:00 | DE | Consumer Price Index (MoM) (Jun) | 0.2% | 0.2% | ||
| 15:00 | DE | Consumer Price Index (YoY) (Jun) | 1.9% | 1.9% | ||
| 23:50 | JP | Industrial Production (MoM) (May)  | 1.0% | -0.2% | ||
| 23:50 | JP | Industrial Production (YoY) (May) | 2.3% | |||