Tuesday, Apr 14, 07:39 GMT
EUROPEAN Trading Newsletter
To Get Started
- Introducing Active Trader Special live event to present the new FXCM’s trading platform. April 16th at 14:00 GMT
- Join the awesome educational experience brought to you by FXstreet.com team - The Learning Center is a new, serious and refreshing program to learn Forex!
- Webinar Videos: Pitchforks with Fibonacci Retracement by Mark Whistler
- All the events of the day in our Economic Calendar
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Forex Blogs
Forex Trading Today: Key Levels Continue to Atract Attention with Most Majors and Crosses by Tim Salem
We all pack our luggage and leave "Wick City" for now… where the "Roller−Coasters" were fun and without too much winding and twisting and turning… in fact… we may say we spent the majority of the day simply "Climbing Up and Down" in a Uni−Directional fashion!
FX Market Readings: Volatile moves expected for a day before further rise by Dr. S. Sivaraman
The Trader's Edge: EUR/NZD Video Analysis by Ross Yamashita
Find other fellow traders to share your comments and market view in the FOREX FORUM
Sponsored by 
Live Sessions Schedule
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, Apr 14, 14:00 GMT
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Apr 14, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Apr 14, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Apr 14, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Tue, Apr 14, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Tue, Apr 14, 14:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN | |
Current Session: Europe
Financial Trend Analysis strategy: Long EURUSD
Financial Trend Analysis − The trading strategies are based exclusively on technical analysis and are short term with a maximum time horizon of 3 to 5 days. The philosophy behind the Today's Trading Signals (TTS) is to take low risk, high return positions with tight stops. That means Financial Trend Analysis (FTA) focus the most on placing the right stops.
.
GBP/USD
Weekly Technical Strategist − GBPUSD: Still Biased To The Upside by FXTechstrategy
Although GBP failed to follow through to the upside on its previous week gains turning back lower to close the week lower at 1.4673, while the pair continues to maintain above the 1.4662 level, its Feb 23'09 high or even the 1.4111 level.
EUR/USD
Forex Technical Analysis − EUR/USD: (1.3362) Drop from 1.3581 retested 1.3113 by KBC Bank
Drop from 1.3581 retested 1.3113 (neckline Double Top: see graph), with rebound trying to recapture the broken daily channel bottom off 1.2457 (1.3369 today).
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
US PRODUCER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Apr 14 | 12:30 | Producer Price Index (YoY) | -2.2% | -1.3% |
| Apr 14 | 12:30 | Producer Price Index ex Food & Energy (MoM) | 0.1% | 0.2% |
| Apr 14 | 12:30 | Producer Price Index (MoM) | 0.0% | 0.1% |
| Apr 14 | 12:30 | Producer Price Index ex Food & Energy (YoY) | 4% | 4% |
Friday Notes - finished goods PPI has been bouncing around from month to month by UniCredit Group
The finished goods PPI has been bouncing around from month to month mainly in response to shifts in energy and food costs. Disinflation for core finished producer goods is still intact when those factors are filtered out.
[ Full Story ]Top Market Movers Review
Japan BOJ MONETARY POLICY MEETING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 9 | 23:50 | BoJ Monetary Policy Meeting | - | - | - |
BOJ Minutes of Meeting (FXstreet.com)
The BOJ Meeting minutes released Friday showed that much of the discussion at the meeting centered on a proposal by the bank to increase its purchases of Japanese government bonds, with a consensus emerging on the board that it was crucial to keep such purchases to the amount of outstanding banknotes.
[ Full Story ]- Read the Meeting data at Bank of Japan
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 13 | 22:45 | NZ | Retail Sales (MoM) (Feb) | 0.2% | -0.4% | -1.2% |
| 22:45 | NZ | Retail Sales ex Autos (MoM) (Feb) | -0.1% | -0.1% | 0.2% |
|
| Apr 14 | 01:30 | AU | National Australia Bank's Business Conditions (Mar) | -17 | -20 | |
| 01:30 | AU | National Australia Bank's Business Confidence (Mar) | -13 | -22 | ||
| 12:30 | US | Producer Price Index (MoM) (Mar) | 0.0% | 0.1% | ||
| 12:30 | US | Producer Price Index (YoY) (Mar) | -2.2% | -1.3% | ||
| 12:30 | US | Producer Price Index ex Food & Energy (MoM) (Mar) | 0.1% | 0.2% | ||
| 12:30 | US | Producer Price Index ex Food & Energy (YoY) (Mar) | 4% | 4% | ||
| 12:30 | US | Retail Sales ex Autos (MoM) (Mar) | 0.0% | 0.7% | ||
| 14:00 | US | Business Inventories (Feb) | -1.2% | -1.1% | ||