Tuesday, Feb 19, 08:29 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Feb 19, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
FX Instructor Live Trading Room
Expert: Nader Moustafa
Start: Tue, Feb 19, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Feb 19, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Feb 19, 10:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN | |
| Tue, Feb 19, 11:00 GMT | What Moves Currencies? − EUR watch | Tony Juste | WBN |  |
| Tue, Feb 19, 12:00 GMT | Advanced Fibonacci Applications  | Adam Rosen | WBN |  |
Current Session: Europe
EUR/USD
Daily Recommended Trades − EUR/USD daily outlook by E−Forex
After retracing to 1.4610 on yesterday, the Euro faced solid support in the 1.4620 zone and recovered, extending its gains on today's Asian session. Now that it got past the 1.4700 mark, it has to establish support somewhere in the 1.4670−1.4700 range or above 1.4700 in order to put some pressure on the next resistance which is seen at 1.4755.
- Longer−term Support and Resistance Trading: Setups and Rules by Rob Booker, Currency Analyst Piptopia
- 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
Currencies at a Glance
- EUR/USD
- Moves up above second resistant level 1.4732
02/19/2008 08:20 GMT - GBP/USD
- Back around opening price level 1.9525 , below pivot level 1.9546
02/19/2008 08:20 GMT - USD/CHF
- Moves down below first support level 1.0953
02/19/2008 08:20 GMT - USD/JPY
- Moves down below first support level 107.88
02/19/2008 08:21 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
EMU CONSTRUCTION OUTPUT S.A
| Date (GMT) | Event | Cons. | Previous | |
| Feb 19 | 10:00 | Construction Output s.a (MoM) | - | -0.8% |
| Feb 19 | 10:00 | Construction Output w.d.a (MoM) | - | -0.8% |
Daily Recommended Trades - EUR/USD daily outlook by E−Forex
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "This is a non−important event. It may have some relation with the state of the European housing bubble, but still will not move currencies." − FXstreet.com
Top Market Movers Review
Japan NATIONWIDE DEPARTMENT SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 19 | 05:30 | Tokyo Department Store Sales (YoY) | -1.6% | - | -1.6% |
| Feb 19 | 05:30 | Nationwide Department Sales (YoY) | -2.1% | - | -2.3% |
Japan January Department Store Sales Down 2.1% On Year (Dow Jones)
Japan's nationwide department store sales fell 2.1% on year in January to Y673.3 billion, adjusted for the change in the number of stores, the Japan Department Stores Association said Tuesday.
[ Full Story ]- JDSA homepage [Japanese]
- Japanese shipbuilders January orders rise more than threefold − association (Thomson Financial News)
- Japan Outlook: Jan Dept Store Sales,Bridgestone '07 Earnings (Dow Jones)
Australia RBA MEETING'S MINUTES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 19 | 00:30 | RBA Meeting's Minutes | - | - | - |
Asia Market Update - RBA minutes reveal central bank debated a 50bps rate hike by Trade The News
The Reserve Bank of Australia (RBA) appears likely to raise interest rates as early as next month, with the February meeting minutes revealing that the board debated a 50bps rate hike.
[ Full Story ]- Read the Meeting's Minutes at RBA
- Australia's central bank minutes reinforces tightening bias (Thomson Financial News)
Overnight Briefing: Far East Timezone - Aussie higher, with minutes from RBA and positive attitude in market by Jyske Bank
Australian Dollar special report - AUD overlay by FxMax
Morning Report - The Australian dollar reached fresh three−month highs by Westpac Institutional Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 19 | 00:30 | AU | RBA Meeting's Minutes | |||
| 05:30 | JP | Nationwide Department Sales (YoY) (Jan) | -2.1% | -2.3% | ||
| 05:30 | JP | Tokyo Department Store Sales (YoY) (Jan) | -1.6% | -1.6% | ||
| 10:00 | EMU | Construction Output s.a (MoM) (Jan) | -0.8% | |||
| 10:00 | EMU | Construction Output w.d.a (MoM) (Jan) | -0.8% | |||
| 12:00 | CA | Bank of Canada Consumer Price Index Core (MoM) (Jan) | 0.1% | -0.3% | ||
| 12:00 | CA | Bank of Canada Consumer Price Index Core (YoY) (Jan) | 1.4% | 1.5% | ||
| 12:00 | CA | Consumer Price Index (MoM) (Jan) | -0.1% | 0.1% | ||
| 12:00 | CA | Consumer Price Index (YoY) (Jan) | 2.3% | 2.4% | ||
| 13:30 | CA | Wholesale Sales (MoM) (Dec) | 0.1% | 0.3% | ||