Monday, Jul 30, 07:35 GMT
EUROPEAN Trading Newsletter
To Get Started
- Website Renewed! All the Forex Market news and research also in Spanish
- FXstreet.com International Traders Conference: Come to Barcelona! Enjoy the Special Early Bird Discount
- Check out the NEW Flash Charts on the Rates & Charts Section
- Have a look at Postcards from the Right Edge! The new blog by Rob Booker
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Live Sessions Schedule
The Next Big Move in Forex
Expert: Sam Seiden
Start: Mon, Jul 30, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex - The Week Ahead
Expert: Jerry Furst
Start: Mon, Jul 30, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jul 30, 10:00 GMT | The Next Big Move in Forex  | Sam Seiden | WBN | |
| Mon, Jul 30, 11:00 GMT | Weekly Webinar: 1st on Forex - The Week Ahead | Jerry Furst | WBN | |
| Mon, Jul 30, 12:00 GMT | US Pre-Market Open | Ed Ponsi | WBN |  |
| Mon, Jul 30, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: Europe
EUR/USD
Daily Technical Analysis - EUR: We shall be watching to see if the Euro can hold at the 38% retracement level by Mizuho Corporate Bank
We shall be watching to see if the Euro can hold at the 38% retracement level. It might, it might not, but the important thing to note is that we have moved into a period of correction and consolidation that will take a few weeks.
- Postcards from the Right Edge!: New technical analysis blog by Rob Booker
- 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:
Technical Summary for Majors - Technical Summary for Majors by Windsor Brokers Ltd
Today's Technical Trading Points - Today's Technical Trading Points by Danske Bank A/S
Daily Forex Commentary - The Unwinding continues by Jyske Bank
Currencies at a Glance
- EUR/USD
- Moves up toward pivot level 1.3671
07/30/2007 06:57 GMT - GBP/USD
- Continues to trade around opening price level 2.0233 , below pivot level 2.0320
07/30/2007 06:57 GMT - USD/CHF
- Stays below pivot level 1.2079
07/30/2007 06:57 GMT - USD/JPY
- Trades around pivot level 118.62
07/30/2007 06:57 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
Germany RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Jul 31 | 06:00 | Retail Sales (MoM) | -3.7% | -1.7% |
| Jul 31 | 06:00 | Retail Sales (YoY) | 1.3% | -1.8% |
Friday Notes - Oil prices – the primary trend is up by HVB Group
After the disappointing, strong decline in the previous month, retail sales should have recovered again in June. For the quarter as a whole, this will, therefore, also produce a solid increase of roughly 1% q-o-q in retail sales ex autos and petrol. Immediately after the VAT increase, they had plummeted 2.3% q-o-q
[ Full Story ]Top Market Movers Review
Japan INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 29 | 23:50 | Industrial Production (YoY) | 1.0% | 1.0% | 3.8% |
| Jul 29 | 23:50 | Industrial Production (MoM) | 1.2% | 0.9% | -0.3% |
Japanese industrial output rises 1.2 pct sequentially in June - UPDATE 2 (Thomson Financial News)
Japanese industrial output was a seasonally-adjusted 1.2 percent higher in June than in May, the first sequential rise in four months, and it is forecast to sustain the rebound in the next two months, the government said Monday.
[ Full Story ]- Read the Preliminary Report on Indices of Industrial Production at METI
- Japan industrial output up 1.2 pct in June, seen rising further - UPDATE (Thomson Financial News)
- Japan June industrial output up 1.2 pct from May, in line with forecast (Thomson Financial News)
- DATA SNAP: Japan June Industrial Output +1.2% On Month (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 29 | 23:50 | JP | Industrial Production (MoM) (Jun)  | 1.2% | 0.9% | -0.3% |
| 23:50 | JP | Industrial Production (YoY) (Jun) | 1.0% | 1.0% | 3.8% | |
| Jul 30 | 01:30 | AU | National Australia Bank's Business Confidence (2Q) | 12 | 10 | |
| 08:30 | UK | Net Lending to Individuals | £9.5B | £9.5B | ||
| 23:30 | JP | Jobless Rate (Jun) | 3.8% | 3.8% | ||
| Jul 31 | 06:00 | DE | Retail Sales (MoM) (Jun) | -3.7% | -1.7% | |
| 06:00 | DE | Retail Sales (YoY) (Jun) | 1.3% | -1.8% | ||
| 07:55 | DE | Unemployment Change (Jul) | -30K | -37K | ||
| 07:55 | DE | Unemployment Rate s.a. (Jul) | 9.0% | 9.1% | ||
| 09:00 | EMU | Consumer Price Index (MoM) (Jul) | 0.2% | 0.2% | ||