Monday, Mar 02, 08:48 GMT
EUROPEAN Trading Newsletter
To Get Started
- Webinar Videos: The "Flag" chart pattern by Sunil Mangwani
- All the events of the day in our Economic Calendar
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Forex Blogs
EUR/USD Weekend Analysis by Ross Yamashita
Hello and welcome back from the weekend. Before the trading week starts for both the European and US sessions, let's take a look at the EUR/USD longer term chart for an analysis. We can see that we are in an overall down trend on the daily chart.
The Day Job Trader: AUD/USD Up Against Support on Mixed Fundamental Data by Ryan O'Keefe
Find other fellow traders to share your comments and market view in the FOREX CHAT
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Live Sessions Schedule
Understand & Use Fibonacci Ratios Effectively
Expert: Sunil Mangwani
Start: Mon, Mar 2, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Catching Redfish off the pool: Trend Lines and Technical Indicators
Expert: S.A Ghafari
Start: Mon, Mar 2, 11:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Mar 2, 10:00 GMT | Understand & Use Fibonacci Ratios Effectively | Sunil Mangwani | WBN | |
| Mon, Mar 2, 11:00 GMT | Catching Redfish off the pool: Trend Lines and Technical Indicators | S.A Ghafari | WBN |  |
| Mon, Mar 2, 14:00 GMT | What kind of trader am I  | Adam Rosen | WBN | |
| Mon, Mar 2, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
Current Session: Europe
EUR/USD: Euro, slightly down in Asian session
FXstreet.com − The Euro lost ground and recovered on Monday's Asian session. From levels about 1.2690 at Asian session opening times has dropped to levels above support line at 1.2565, remaining in a range from there and a maximum of 1.2600.
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Daily Technical Analysis − USDJPY: The biggest weekly rally since November by Mizuho Corporate Bank
The biggest weekly rally since November and one of the biggest in years so that the Yen has retraced 50% of the drop between August and December and stalling at the 26−week moving average.
Trading News Report − USD/CAD: Trading the Canada Gross Domestic Product (GDP) Report by FXCM
The Canadian dollar is likely to face increased selling pressure over the following week as economists forecast the GDP reading to show a 3.2% contraction in the fourth quarter.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, i-knowindices.com, Mizuho Corporate Bank, MolFX - Management
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
USD JPY, Hourly
GBP USD, Hourly
Top Market Movers Preview
EMU CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Mar 2 | 10:00 | Consumer Price Index (YoY) | 1.0% | 1.1% |
Friday Notes - Energy up, food inflation down by UniCredit Group
Food inflation probably kept on a declining path, but this will be compensated by an increase in energy prices driven by rising motor fuel costs. Together with a relatively stable core inflation rate, this should leave headline inflation unchanged at 1.1% in February.
[ Full Story ]Top Market Movers Review
Japan VEHICLE SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 2 | 05:00 | Vehicle Sales (YoY) | -32.4% | - | -27.9% |
Japan's Domestic Auto Sales −32.4% On Year In Feb (Dow Jones)
Japan's domestic sales of new cars, trucks and buses fell 32.4% on year in February, declining for the seventh straight month, an industry body said Monday.
[ Full Story ]- Read the Vehicle data at JAMA
- Japan's February Auto Sales Table Of Data (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 2 | 01:30 | JP | Labor Cash Earnings (YoY) (Jan) | -1.3% | -1.2% | -0.8% |
| 05:00 | JP | Vehicle Sales (YoY) (Feb) | -32.4% | -27.9% | ||
| 05:30 | AU | RBA Commodity Index SDR (YoY) (Feb) | 19.1% | 29.1% | ||
| 08:30 | CH | SVME − Purchasing Managers' Index (Feb) | 32.6 | 34.8 | 35.0 | |
| 08:55 | DE | Purchasing Manager Index Manufacturing (Feb) | 32.2 | 32.2 | ||
| 09:00 | UK | Halifax House Prices (MoM) | 34.9% | 1.9% | ||
| 09:00 | EMU | Purchasing Manager Index Manufacturing (Feb) | 33.6 | 33.6 | ||
| 09:30 | UK | M4 Money Supply (MoM) (Jan) | 1.4% | |||
| 09:30 | UK | M4 Money Supply (YoY) (Jan) | 17.5% | |||
| 09:30 | UK | Mortgage Approvals (Jan) | 33K | 31K | ||