Monday, Jun 23, 07:28 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
Understand & Use Fibonacci Ratio's Effectively
Expert: Sunil Mangwani
Start: Mon, Jun 23, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Mon, Jun 23, 12:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jun 23, 10:00 GMT | Understand & Use Fibonacci Ratio's Effectively | Sunil Mangwani | WBN | |
| Mon, Jun 23, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Mon, Jun 23, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN | |
| Mon, Jun 23, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: Europe
EUR/USD
Daily Recommended Trades − Daily technical outlook − Monday 06.23.2008 by E−Forex
The Euro climbed higher versus the greenback on Friday, testing offers around the 61.8% retracement of the 1.5843−1.5302 move, at 1.5636. Current pullback into the 1.5580 zone may bring initial support at 1.5570 on focus and a potential break lower could extend the decline towards key intraday support into the 1.5480 region
- Dan Blystone's Daily Briefing − Webinar
- The Advisor Weblog by Valeria Bednarik, Analyst at MolFX − Management
- The Forex Game: Stop Losing Dollars... Win Duellars!
- Understanding The Exact Process Behind The Movement In Price Sam Seiden, Stocks, Futures, Forex and Options Trader Online Trading Academy
- Check out how pairs moved: Live Currency Rates & Charts
Other Topics for this Session:
Daily Market Commentary − The dollar fell across the board on Friday by Global Forex Trading
Weekly Analysis
Weekly Forex Market Commentary − The US economic calendar will start on Tuesday with the release of the consumer confidence report for June by Global Forex Trading
Weekly Forex Outlook − Dollar on the back foot as Oil remains stubbornly High by Easy Forex
Currency Performance
Currency Performance Report − Asia Session Performance by FXstreet.com
FX Analysts' Comments
Week Ahead for June 23 − 27 Calendar by Jerry Furst, Director Investors Education Network
Forex Video | News Trade Alert | June 23, 2008 by Wayne McDonell, FxBootcamp.com
Currencies at a Glance
- EUR/USD
- Moves down below pivot level 1.5589
06/23/2008 07:01 GMT - GBP/USD
- Moves down back below first support level 1.9711
06/23/2008 07:01 GMT - USD/CHF
- Moves up above pivot level 1.0367
06/23/2008 07:06 GMT - USD/JPY
- Trades below pivot level 107.47
06/23/2008 07:06 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 PMI MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| Jun 23 | 08:00 | PMI Manufacturing | 50.2 | 50.6 |
| Jun 23 | 08:00 | Purchasing Manager Index Services | 50.5 | 50.6 |
Friday Notes - EMU PMI: Settling below trend by HVB Group
We expect the manufacturing PMI to decelerate further in June, mostly due to skyrocketing oil prices and the ongoing softening in global and domestic demand. After having declined more than expected in May, services PMI should rebound moderately in June, though hovering still well below its long−term average.
[ Full Story ]Top Market Movers Review
UK RIGHTMOVE HOUSE PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 22 | 23:01 | Rightmove House Price Index (YoY) | 0.1% | - | 2.2% |
| Jun 22 | 23:01 | Rightmove House Price Index (MoM) | -1.2% | - | 1.2% |
DATA SNAP: Rightmove: UK House Asking Prices Fall In June (Dow Jones)
The asking price for a home in the U.K. fell in June from a record high the previous month as vendors scaled back their expectations in view of the credit crunch, an uncertain economic outlook and a rise in properties for sale, online estate agent Rightmove said Monday. The average asking price for a residential property fell 1.2% on the month to GBP239,564 in mid−June, leaving them 0.1% higher on the year, the online estate agent said.
[ Full Story ]- Read the House Price Index report at Rightmove website
- UK house prices down 1.2 percent month−on−month in June − Rightmove (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 22 | 23:50 | JP | BSI Large Manufacturing (QoQ) (2Q) | -15.1 | -12.9 | |
| Jun 23 | 01:30 | AU | New Motor Vehicle Sales (MoM) (May) | -1.6% | -0.6% |
|
| 01:30 | AU | New Motor Vehicle Sales (YoY) (May) | 2.6% | 3.4% |
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| 03:00 | NZ | Credit Card Spending (May) | 5.9% | 8.2% |
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| 07:30 | DE | PMI Manufacturing (May)  | 53.2 | 53.6 | ||
| 07:30 | DE | Purchasing Manager Index Services (May) | 53.1 | 53.8 | ||
| 08:00 | DE | IFO − Business Climate (Jun) | 102.5 | 103.5 | ||
| 08:00 | DE | IFO − Expectations (Jun) | 96.3 | 97.3 | ||
| 08:00 | EMU | PMI Manufacturing (Jun) | 50.2 | 50.6 | ||
| 08:00 | EMU | Purchasing Manager Index Services (Jun) | 50.5 | 50.6 | ||