Friday, Jun 19, 07:52 GMT
EUROPEAN Trading Newsletter
To Get Started
- Learning Center: Chapter 1 of Unit B: Technical Analysis is out. Check it out!
- Webinar Videos: Economic and Technical View of the Currency Market by Rob Booker
- All the events of the day in our Economic Calendar
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Forex Blogs
The Trader's Edge: EUR/USD − A (Little) Longer Term Look by Ross Yamashita
The trading week is almost over but there are a lot of potential trades we're monitoring − including a little longer term trade on the EUR/USD.
Chartology: EUR/USD Consolidates on the 240 minute chart by Raghee Horner
Forex Trading Today: Equities Show Subtle Rise as The Dollar Shows Mixed Sentiment by Tim Salem
Sponsored by 
Live Sessions Schedule
Tracking the forex market together / Part I
Expert: Dr.S.Sivaraman
Start: Fri, Jun 19, 09:00 GMT
Type of Session: Webinar
Trading this summer
Expert: Adam Rosen
Start: Fri, Jun 19, 12:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Jun 19, 09:00 GMT | Tracking the forex market together / Part I | Dr.S.Sivaraman | WBN |  |
| Fri, Jun 19, 12:00 GMT | Trading this summer | Adam Rosen | WBN | |
| Fri, Jun 19, 14:00 GMT | Tracking the forex market together / Part II | Dr.S.Sivaraman | WBN | |
| Fri, Jun 19, 15:00 GMT | Fibonacci Friday | Andrei Pehar | WBN | |
Current Session: Europe
EUR/USD: The upside barrier on the 1.4000 handle has proven strong enough
E−Forex − The upside barrier on the 1.4000 handle has proven strong enough to resist on yesterday's tests and the dollar recovered some lost ground but it is giving away gains, as the euro managed to climb to as high as 1.3950 today. Minor intra−day resistance is formed at 1.3950 by the 61.8% fibonacci retracement of yesterday's decline from 1.4000 to 1.3870. Downside pressure remains high while trading below 1.4000.
USD/JPY
USD/JPY: The Hourly Oscillators are bullish but weak by Precise Trader
The Hourly Oscillators are bullish but weak, so cautious approach is needed for the bulls. Hourly Trend is Sideways and Daily Trend is Sideways Down, so expect the price to be choppy.
GBP/USD
Incredible how neatly Cable is holding above the 9−day moving average by Mizuho Corporate Bank
Incredible how neatly Cable is holding above the 9−day moving average, increasing the likelihood of a re−test of this month's high at 1.6664 even as early as the end of this week.
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
Canada RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Jun 19 | 12:30 | Retail Sales ex Autos (MoM) | -0.1% | -0.2% |
| Jun 19 | 12:30 | Retail Sales (MoM) | -0.1% | 0.3% |
Currency Trading Majors Pairs - USD to CAD − Daily Chart by Master The Markets
[ Full Story ]Top Market Movers Review
Germany PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 19 | 06:00 | Producer Price Index (YoY) | -3.6% | -3.6% | -2.7% |
| Jun 19 | 06:00 | Producer Price Index (MoM) | 0.0% | 0.0% | -1.4% |
DATA SNAP: German May PPI Flat As Energy Prices Rebound (Dow Jones)
[ Full Story ]- Read the PPI data at German Statistics
- Germany May PPI decreases 3.6% YoY, on hold on the month (FXstreet.com)
Weekly Forex Outlook - German PPI (May) is forecast by Easy Forex
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 18 | 14:00 | US | Leading Indicators (MoM) (May) | 1.2% | 0.9% | 1.1% |
| 23:50 | JP | BoJ Minutes | ||||
| Jun 19 | 06:00 | DE | Producer Price Index (MoM) (May) | 0.0% | 0.0% | -1.4% |
| 06:00 | DE | Producer Price Index (YoY) (May) | -3.6% | -3.6% | -2.7% | |
| 12:30 | CA | Retail Sales (MoM) (Apr) | -0.1% | 0.3% | ||
| 12:30 | CA | Retail Sales ex Autos (MoM) (Apr) | -0.1% | -0.2% | ||
| Jun 21 | 22:45 | NZ | Visitor Arrivals (May) | 2.4% | ||
| 23:01 | UK | Rightmove House Price Index (MoM) (Jun) | 2.4% | |||
| 23:01 | UK | Rightmove House Price Index (YoY) (Jun) | -6.2% | |||
| 23:50 | JP | BSI Large Manufacturing (QoQ) (2Q) | -66 | |||