Friday, Mar 27, 08:34 GMT
EUROPEAN Trading Newsletter
To Get Started
- Webinar Videos: Trading Forex on a Daily Basis Using Daily Charts by James Chen
- All the events of the day in our Economic Calendar
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Forex Blogs
Forex Trading Today: Yen Strength Shows Itself in EUR/JPY and especially GBP/JPY by Tim Salem
As promised, here is an Update coming off of our last Post about 5 hours ago… and my thoughts on the "Rhetoric" we spoke of earlier now has a bit of supportive evidence with Current Yen Strength and Sentiment. We can view these Corrective Behaviors two ways, really… As supportive evidence that either The Yen is not quite ready to retire…
Trading for a Living: Majors at a glance by David Aranzabal
The Trader's Edge: GBP/NZD Trade Set Up by Ross Yamashita
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Live Sessions Schedule
Tracking the forex market together / Part I
Expert: Dr.S.Sivaraman
Start: Fri, Mar 27, 10:00 GMT
Type of Session: Webinar
Fibonacci Friday
Expert: Andrei Pehar
Start: Fri, Mar 27, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Mar 27, 08:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN |  |
| Fri, Mar 27, 09:00 GMT | Advanced APF Methods To Determine The Price Momentum  | Sunil Mangwani | WBN |  |
| Fri, Mar 27, 10:00 GMT | Tracking the forex market together / Part I | Dr.S.Sivaraman | WBN | |
| Fri, Mar 27, 11:00 GMT | Choosing the right broker | Valeria Bednarik | WBN | |
Current Session: Europe
EUR/USD: Euro eases back from intra−day high at 1.3585
FXstreet.com − The Euro has refused to take 1.3585 level and it has eased somewhat at the European session opening times dropping to 1.3540, at the moment the Euro moves between these two levels, below exponential moving averages on the hourly chart.
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GBP/USD
Forex Chartist Technical Analysis − Sellers came into Sterling yesterday by Charmer Charts.com
Sellers came into Sterling yesterday, pushing the market lower to 1.4425. You have seen a small bounce from these lower levels, but overhead resistance at 1.4520 should provoke sellers once more to appear.
EUR/USD
Currency Majors Technical Perspective − Sharp Depreciation from the Swing−High Resistance at 98.87 by FXstreet.com Independent Analyst Team
Bearish Sentiment continues with sharp Depreciation from the Swing−High Resistance @ 98.87 moving through Dynamic Support @ 98.44 to 98.10. Price Continuation may find a reprieve bounce currently @ the 98.10 Area to re−test 98.44.
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 INDUSTRIAL NEW ORDERS S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Mar 27 | 10:00 | Industrial New Orders s.a. (MoM) | -6.5% | -5.2% |
| Mar 27 | 10:00 | Industrial New Orders (YoY) | -28.2% | -22.3% |
EMU economic indicators - EMU industrial new orders are expected to have decreased by BHF−Bank
EMU industrial new orders are expected to have decreased further in January, just as German industrial new orders did. Following their seasonal patterns, the EMU trade balance and current account are likely to have deteriorated substantially in January.
[ Full Story ]Top Market Movers Review
Japan NATIONAL CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 26 | 23:30 | National Consumer Price Index (YoY) | -0.1% | -0.1% | 0.0% |
Japan Feb Core CPI Flat On Year; Mkt Expected −0.1% (Dow Jones)
Japan's core consumer price index was flat in February from a year earlier, the government said Friday, but analysts say it's just a matter of time before the key gauge of prices turns negative. The flat reading in the core CPI, which excludes volatile fresh food prices, was better than a 0.1% drop expected by economists polled by Dow Jones Newswires and the Nikkei. It was flat in January after rising 0.2% in December.
[ Full Story ]- Read the CPI data at Statistics Bureau
- Japan Feb, Tokyo March CPI Table Of Data (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 27 | 08:34 | DE | Consumer Price Index (YoY) (Mar)  | 0.7% | 1.0% | |
| 08:34 | UK | Nationwide Housing Prices n.s.a (YoY) (Mar) | -18.1% | -17.6% | ||
| 08:34 | UK | Nationwide Housing Prices s.a (MoM) (Mar) | -1.5% | -1.8% | ||
| 08:34 | DE | Consumer Price Index (MoM) (Mar) | 0.1% | 0.6% | ||
| 09:30 | UK | Current Account (4Q) | -£5.8B | -£7.7B | ||
| 09:30 | UK | Gross Domestic Product (QoQ) (4Q) | -1.5% | -0.7% | ||
| 09:30 | UK | Gross Domestic Product (YoY) (4Q) | -1.9% | 0.2% | ||
| 10:00 | EMU | Industrial New Orders (YoY) (Jan) | -28.2% | -22.3% | ||
| 10:00 | EMU | Industrial New Orders s.a. (MoM) (Jan) | -6.5% | -5.2% | ||
| 10:30 | CH | KOF Leading Indicator (Mar) | -1.55 | -1.41 | ||