Monday, May 26, 08:13 GMT
EUROPEAN Trading Newsletter
To Get Started
- Webinar VIDEOS: Longer-term Support and Resistance Trading: Setups and Rules by Rob Booker
- Latest updates from the Industry: Broker's News section
- Discover Phil Newton's Trade Setups at his new blog
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, May 27, 08:00 GMT
Sponsored by: 
Type of Session: Webinar
Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Tue, May 27, 12:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, May 27, 08:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, May 27, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, May 27, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN |  |
| Tue, May 27, 13:00 GMT | 2nd Quarter Review | Adam Rosen | WBN | |
Current Session: Europe
USD/JPY
Currency Majors Technical Analysis − 103,33. USD JPY is in a consolidation after the last bearish movement. by Mataf.net
103,33. USD JPY is in a consolidation after the last bearish movement. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY.
- Trading Range Bound and Trending Market Conditions Adam Rosen, CEO and Co−Founder 4xLounge
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Banks' Analysis
Daily Forex Commentary − A quiet start to the week… by Jyske Bank
FX Analysts' Comments
The Week Ahead − May 26 − 30 by Jerry Furst, Director Investors Education Network
Currencies at a Glance
- EUR/USD
- Trades above pivot level 1.5755
05/26/2008 08:12 GMT - GBP/USD
- Trades around pivot level 1.9802
05/26/2008 08:13 GMT - USD/CHF
- Trades below pivot level 1.0261
05/26/2008 08:13 GMT - USD/JPY
- Trades around opening price level 103.25 , below pivot level 103.55
05/26/2008 07:08 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 GROSS DOMESTIC PRODUCT S.A
| Date (GMT) | Event | Cons. | Previous | |
| May 27 | 06:00 | Gross Domestic Product w.d.a (YoY) | 2.6% | 1.8% |
| May 27 | 06:00 | Gross Domestic Product s.a (QoQ) | 1.5% | 0.3% |
Friday Notes - Germany, GDP: Growth spurt at the beginning of the year by HVB Group
The May 15 GDP Flash should be confirmed. Release of the detailed components should reveal a very strong, weather−related contribution to growth by construction. Inventories should also have provided growth with strong support (these special items will likely translate into a corresponding drag in the second quarter).
[ Full Story ]Top Market Movers Review
New Zealand TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 25 | 22:45 | Trade Balance | -334M | - | -50M |
New Zealand trade deficit wider than expected in April (Thomson Financial News)
New Zealand's trade deficit was wider than expected in April due to the impact of imported oil production equipment, official figures showed Monday. The trade deficit of NZ$334 million ($262 million) was more than double economists' expectations but was skewed by imports of an oil production vessel and an oil platform worth a combined NZ$447 million, Statistics New Zealand (SNZ) said.
[ Full Story ]- Read the Trade Balance report at Statistics New Zealand
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 26 | 00:00 | US | Memorial Day Bank Holiday | |||
| 00:00 | UK | Spring Bank Holiday | ||||
| 23:50 | JP | Corporate Service Price (YoY) (Apr) | 0.6% | 0.4% | ||
| May 27 | 06:00 | DE | Gfk Consumer Confidence Survey (Jun) | 5.7 | 5.9 | |
| 06:00 | DE | Gross Domestic Product n.s.a (YoY) (1Q) | 1.8% | 1.6% | ||
| 06:00 | DE | Gross Domestic Product s.a (QoQ) (1Q) | 1.5% | 0.3% | ||
| 06:00 | DE | Gross Domestic Product w.d.a (YoY) (1Q) | 2.6% | 1.8% | ||
| 08:00 | CH | UBS Consumption Indicator (Apr) | 2.29 | |||
| 08:30 | UK | BBA Mortgage Approvals (Apr) | 35.4K | |||
| 13:00 | US | S&P/Case−Shiller Home Price Indices (Apr) | -14.0% | -12.7% | ||