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Live Sessions Schedule

Sunil MangwaniUnderstand & Use Fibonacci Ratio's Effectively
Expert: Sunil Mangwani
Start: Mon, Jun 16, 10:00 GMT
Sponsored by: FibForex123
Type of Session: Webinar


Dan BlystoneDan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Mon, Jun 16, 12:30 GMT

Type of Session: Webinar


Sponsored by
Mon, Jun 16, 10:00 GMTUnderstand & Use Fibonacci Ratio's EffectivelySunil MangwaniWBNSponsored by FibForex123
Mon, Jun 16, 12:30 GMTDan Blystone's Daily BriefingDan BlystoneWBNSponsored by
Mon, Jun 16, 13:00 GMTTrading Strategies with ADX Valeria BednarikWBNSponsored by
Mon, Jun 16, 14:00 GMTDerek Frey's OutlookDerek FreyWBNSponsored by Odom & Frey Futures, FOREX & Options
[ View All ]

Current Session: Europe

EUR/USD

Technical Summary for Majors − Approaches May's key higher low at 1.5285 by Windsor Brokers Ltd

Approaches May's key higher low at 1.5285, 08 May following the decline from this month's 1.5844 rejection high, 09 June. Loss of the former will signal resumption of corrective bear phase from 1.6020 record high towards 1.5145, 05 March, approximately 50% of 1.4310/1.6020 upleg. Until then, recovery seeks a lower swing high below 1.5587, 11 June while reclaiming of which to firm.


[ Full Story ]

Other Topics for this Session:

Daily Market Commentary − The dollar rallied broadly on Friday by Global Forex Trading

Daily Recommended Trades − EURUSD, AUDUSD, EURCHF daily outlook − Monday 06.16.2008 by E−Forex

Daily Forex and Dow Jones Recommended Levels − Fxtechtrade by FXtechtrade

Banks' Analysis

Today's Technical Trading Points by Danske Bank A/S

Currency Performance

Currency Performance Report − Asia Session Performance by FXstreet.com

FX Analysts' Comments

Volatile moves will prevail for a week... by Dr. S. Sivaraman, of i−knowindices.com

European Union Gets a "NO" Vote −− G−8 to Raise Rates? by Jerry Furst, Director Investors Education Network

Currencies at a Glance

EUR/USD
Moves down below pivot level 1.5381
06/16/2008 07:17 GMT
GBP/USD
Trades around first resistant level 1.9519
06/16/2008 07:17 GMT
USD/CHF
Moves up above pivot level 1.0473
06/16/2008 07:17 GMT
USD/JPY
Moves up above first resistant level 108.51
06/16/2008 07:17 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - EUR/USD


EUR

**Source : ActionForex.comCMS ForexDanske Bank A/SFXstreet.comGlobal Forex TradingMizuho Corporate Bank

[ View ASI page ] [ View EUR/USD page ]

Charting the Market Movers

USD JPY, Hourly


USD/JPY

GBP USD, Hourly


GBP/USD

Top Market Movers Preview

EMU CONSUMER PRICE INDEX

Date (GMT)EventCons.Previous
Jun 1609:00Consumer Price Index (MoM)0.6%0.3%
Jun 1609:00Consumer Price Index (YoY)3.6%3.3%

Friday Notes - EMU CPI: No relief in sight by HVB Group

We expect May inflation to be confirmed at 3.6%, but there are risks of an upward revision. Energy should have been the main driver of the acceleration, and food inflation probably drifted higher as well.

[ Full Story ]

Top Market Movers Review

Switzerland ADJUSTED REAL RETAIL SALES

Date (GMT)EventActualCons.Previous
Jun 1607:15Adjusted Real Retail Sales (YoY)-9.4%-9.7%

Swiss retail sales slow down considerably in April (FXstreet.com)

Retail sales have grown in April in Switzerland but at a sharply lower year on year pace than in March, according to the Swiss Statistics Office.

[ Full Story ]

Economic Events

Date (GMT)CountryEventActualCons.Previous
Jun 1604:00JP Tokyo Condominium Sales (YoY) (May) -17.7%-29.7%
07:15CH Adjusted Real Retail Sales (YoY) (Apr) -9.4%9.7%
09:00EMUConsumer Price Index − Core (YoY) (May) 1.8%1.6%
09:00EMUConsumer Price Index (MoM) (May) 0.6%0.3%
09:00EMUConsumer Price Index (YoY) (May) 3.6%3.3%
12:30CA New Motor Vehicle Sales (MoM) (Apr) 0.4%-0.5%
12:30US NY Empire State Manufacturing Index (Jun) -1.50-3.23
13:00US Net Long−term TIC Flows (Apr) $80.4B
13:00US Total Net TIC Flows (Apr) -48.2
14:00US Fed's Bernanke Speech 
[ View All ]
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