Monday, Feb 11, 09:25 GMT
EUROPEAN Trading Newsletter
To Get Started
- Webinars VIDEOS: Creating and Using a Powerful Trading Plan - Part 1 and Part 2 by Rob Booker
- Trendex: Instant Trading Tips from FX Pros right to your desktop
- ECB and BoE: Review of Feb 7 meeting by FXstreet.com
- The Advisor Blog: At the Open.
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Live Sessions Schedule
FX Instructor Live Trading Room
Expert: Mihai Marinescu
Start: Mon, Feb 11, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Feb 11, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Feb 11, 10:00 GMT | FX Instructor Live Trading Room  | Sunil Mangwani | WBN | |
| Mon, Feb 11, 12:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Feb 11, 13:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Mon, Feb 11, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: Europe
EUR/USD
Forex Technical Analysis − EUR/USD: (1.4557) Short Term negative € bias while below 1.4705 by KBC Bank
Reversal Day at 1.4956 puts the € on a medium term negative bias while below 1.4705 (daily Medium Term Moving Average↓): 1st Support area at 1.4513 (today's low?), with next levels at 1.4440/ .4432 (current reaction low off 1.4956/ daily Bollinger bottom), ahead of 1.4404 (daily envelope bottom): suspect difficult to sustain through on 1st attempts.
- Intermarket Relationships by S. Wade Hansen, Founder Profiting With Forex
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Forex Technical Report − Forex Technical Report EUR/USD by iFOREX.bg
FX Analysts' Comments
Daily Forex Commentary − G7 Follow−up by Jyske Bank
Currencies at a Glance
- EUR/USD
- Moves up above first resistant level 1.4552
02/11/2008 08:16 GMT - GBP/USD
- Moves down below first support level 1.9404
02/11/2008 08:16 GMT - USD/CHF
- Moves down toward third support level 1.0928
02/11/2008 08:17 GMT - USD/JPY
- Moves down below third support level 106.52
02/11/2008 08:17 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading, Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
USD JPY, Hourly
GBP USD, Hourly
Top Market Movers Preview
UK TRADE BALANCE
| Date (GMT) | Event | Cons. | Previous | |
| Feb 11 | 09:30 | Total Trade Balance | 4.400 | -4.371B |
| Feb 11 | 09:30 | Trade Balance | -£7.400B | -£7.377B |
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
[ Full Story ]- Tatsuya Kawanishi, Junior Advisor at FXstreet.com: "The trade balance will give insignt into presures on the GBP. This event would generate a good deal of volatility for the GBP. A rising trend has a positive effect on GBP, while trade defictis indicates the GBP leaking out,that would be negative." − FXstreet.com
Top Market Movers Review
France INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 11 | 07:45 | Industrial Production (YoY) | 2.4% | 1.7% | 2.5% |
| Feb 11 | 07:45 | Industrial Production (MoM) | 0.7% | 0.7% | -1.7% |
DATA SNAP: French Dec Industrial Production Up 0.7% On Month (Dow Jones)
French industrial production rose 0.7% on the month in December, lifted by an increase in car and food production, while consumer goods production fell.
[ Full Story ]- Read the Industrial production index data at Insee
- French Dec industrial output up 0.7 pct from Nov; consensus up 0.4 pct (Thomson Financial News)
- French Industrial Production rises to 0.7% in Dec; 2.4% up on the year (FXstreet.com)
- Lagarde still sees French GDP growth of 2 pct in 2008, unchanged from 2007 (Thomson Financial News)
Friday Notes - Fed has no choice, must slash rates further by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 11 | 07:45 | FR | Industrial Production (MoM) (Dec) | 0.7% | 0.7% | -1.7% |
| 07:45 | FR | Industrial Production (YoY) (Jan) | 2.4% | 1.7% | 2.5% | |
| 09:30 | UK | Producer Price Index − Input (MoM) s.a (Jan) | 0.8% | 0.5% | ||
| 09:30 | UK | Producer Price Index − Input (YoY) n.s.a (Jan) | 14.3% | 11.3% | ||
| 09:30 | UK | Producer Price Index − Output (MoM) n.s.a (Jan) | 0.4% | 0.5% | ||
| 09:30 | UK | Producer Price Index − Output (YoY) n.s.a (Jan) | 5.1% | 5.0% | ||
| 09:30 | UK | Total Trade Balance (Dec) | 4.400 | -4.371B | ||
| 09:30 | UK | Trade Balance (Dec) | -£7.400B | -£7.377B | ||
| 13:00 | CA | New Housing Price Index (YoY) (Dec) | 6.1% | |||
| Feb 12 | 00:30 | AU | National Australia Bank's Business Conditions (Jan) | 5 | ||