Friday, Apr 04, 07:48 GMT
EUROPEAN Trading Newsletter
To Get Started
- Webinar Videos: Institutional Trading Strategies by Andrei Pehar
- US Session Performance by FXstreet.com
- Interactive Flash Charts: several charts types in real−time
- Trading Tools: Useful resources for your day−to−day trading
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Live Sessions Schedule
SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 23rd Edition
Expert: Wayne McDonell
Start: Fri, Apr 4, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Apr 4, 11:30 GMT | SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 23rd Edition | Wayne McDonell | WBN | |
| Mon, Apr 7, 10:00 GMT | Understand & Use Fibonacci Ratio's Effectively | Sunil Mangwani | WBN |  |
| Mon, Apr 7, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Apr 7, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
Current Session: Europe
EUR/USD
Daily Recommended Trades − The Euro declined on yesterday by E−Forex
The Euro declined on yesterday reaching lows at 1.5510 but then recovered during the US session and erased all its losses, closing into the 1.5670 area. Strong intra−day barrier is formed by 1.5700 so far and a break higher into the second half of the 1.57 area is needed to confirm a resume of the uptrend on a short−term basis. Such break higher would point our attention at 1.58 and above as there may occur some new tests.
- Main technical theme in the currency market by Jamie Saettele, Technical Currency Analyst FXCM
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Currency Performance
Currency Performance Report − US Session Performance by FXstreet.com
FX Analysts' Comments
Forex Training | New York Session Review | April 3, 2008 by Wayne McDonell, FxBootcamp.com
Currencies at a Glance
- EUR/USD
- Trades around opening price level 1.5679 , above pivot level 1.5629
04/04/2008 07:44 GMT - GBP/USD
- Trades around opening price level 1.9963 , above pivot level 1.9899
04/04/2008 07:44 GMT - USD/CHF
- Moves down below opening price level 1.0101 , below pivot level 1.0129
04/04/2008 07:45 GMT - USD/JPY
- Moves down below pivot level 102.41
04/04/2008 07:46 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
Germany FACTORY ORDERS S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Apr 4 | 10:00 | Factory Orders n.s.a. (YoY) | 6.7% | 9.5% |
| Apr 4 | 10:00 | Factory Orders s.a. (MoM) | 0.8% | -1.5% |
Friday Notes - Lessons from prior banking crises by HVB Group
The strong correction in new orders at the turn of the year followed a phase with an exceptionally high number of big ticket orders. Overall, the order situation remains solid so far. The latest business surveys also argue against a strong decline in the order dynamic in the short term. For that reason, we expect February to again bring a moderate increase m−o−m.
[ Full Story ]EMU economic indicators - German industrial new orders will probably have rebounded in February by BHF−Bank
Top Market Movers Review
Switzerland CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 4 | 05:45 | Consumer Price Index (MoM) | 0.3% | 0.2% | 0.1% |
| Apr 4 | 05:45 | Consumer Price Index (YoY) | 2.6% | 2.5% | 2.4% |
Swiss CPI growth increases in March (FXstreet.com)
Consumer prices growth has accelerated 0.3% in March from February, and 2.6% in the last 12 months, according to the Swiss statistics office.
[ Full Story ]- Read the Consumer Price Index data at Swiss Statistics [text in German]
- Swiss March CPI up 2.6 percent year−on−year (Thomson Financial News)
- Switzerland Consumer Price Index increases 0.3% in Mar; 2.6% up year on year (FXstreet.com)
Australia RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 4 | 01:30 | Retail Sales (MoM) | 0.1% | 0.3% | 0.0% |
Australian Feb Retail Sales −0.1% Vs +0.3% Consensus (Dow Jones)
Australian retail sales fell 0.1% to a seasonally adjusted A$20.08 billion in February from A$20.10 billion in January and rose from A$18.98 billion a year earlier, the Australian Bureau of Statistics said Friday.
[ Full Story ]- Read the Retail Trade data at Australian Bureau of Statistics
- Australia's retail sales fall an unexpected 0.1 percent in February (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 4 | 01:30 | AU | Retail Sales (MoM) (Feb) | 0.1% | 0.3% | 0.0% |
| 05:45 | CH | Consumer Price Index (MoM) (Mar) | 0.3% | 0.2% | 0.1% | |
| 05:45 | CH | Consumer Price Index (YoY) (Mar) | 2.6% | 2.5% | 2.4% | |
| 10:00 | DE | Factory Orders n.s.a. (YoY) (Feb) | 6.7% | 9.5% | ||
| 10:00 | DE | Factory Orders s.a. (MoM) (Feb) | 0.8% | -1.5% | ||
| 11:00 | CA | Net Change in Employment (Mar) | 15K | 43K | ||
| 11:00 | CA | Unemployment Rate (Mar) | 5.8% | 5.8% | ||
| 12:30 | US | Average Hourly Earnings (MoM) (Mar) | 0.3% | 0.3% | ||
| 12:30 | US | Average Hourly Earnings (YoY) (Mar) | 3.7% | |||
| 12:30 | US | Average Weekly Hours (Mar) | 33.7 | 33.7 | ||