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Raghee Horner's Morning Forex
Expert: Raghee Horner
Start: Mon, Apr 2, 13:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider//logo_36x13.gif
Type of Session: Webinar


How to become a professional trader - System Trading vs. Discretionary Trading: Which Is Better?
Expert: Markus Heitkoetter
Start: Tue, Apr 3, 16:00 GMT
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Type of Session: Webinar


Figures Made Simple
Expert: Valeria Bednarik
Start: Thu, Apr 5, 14:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider//logo_36x13.gif
Type of Session: Webinar
Topics
- Continuation or Change
- Reliability
- How to use them in daily trading

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Current Session: Europe - U.S.

EUR/USD

Daily Trade Analysis - Over-Bought EURUSD looking to target 1.3400 level by AMZ Capital

EURUSD is still looking to target 1.3409 level but the high RSI is pushing it downward and we might see EURUSD taking a dip towards 1.3287 level to ease its RSI a bit and from that point traders will look to buy EURUSD for targets above 1.3350 level.

[ Full Story ]

Other Topics for this Session:

Global FX Daily - European Edition - USD stabilises ahead of key economic releases by Mellon Foreign Exchange

Daily Trend Trade - Daily Trend Trade by FX Trend Trader

Wakeup Call on Forex Markets - Good figures from the US didn't help the USD. Nikkei falling heavily by Saxo Bank

EUR/USD
Continues to trade around today's pivot at 1.3347 on a narrow daily range
04/02/2007 10:54 GMT
GBP/USD
Stays above last week high at 1.9720 , toward first resistant at 1.9746
04/02/2007 10:55 GMT
USD/CHF
Floating below today's pivot at 1.2157
04/02/2007 10:55 GMT
USD/JPY
Moves up and down, above and below today's pivot at 117.79
04/02/2007 10:49 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - GBP/USD


GBP

**Source : CMS ForexDanske Bank A/SFXstreet.comGlobal Forex Trading Ltd. Mizuho Corporate BankSaxo Bank

[ View ASI page ] [ View GBP/USD page ]

Charting the Market Movers

EUR USD, Hourly


EUR/USD

GBP USD, Hourly


GBP/USD

Top Market Movers Preview

US ISM MANUFACTURING

Date (GMT)EventCons.Previous
Apr 214:00ISM Manufacturing51.052.3

Daily Market Briefing - Watch ISM as a Leading Indicator for Payrolls Next Week by FXCM

In the week ahead, manufacturing, non-manufacturing ISM and non-farm payrolls are the most important US economic releases due for release. The employment components of both of the ISM reports will be used as leading indicators for Friday’s payrolls number, so expect some volatility in the markets should there be any surprises on that front.

[ Full Story ]

KBC News Picks - US: Surprise rise in Chicago PMI increases uncertainty on today’s ISM by KBC Bank

Top Market Movers Review

UK PMI MANUFACTURING INDEX

Date (GMT)EventActualCons.Previous
Apr 208:30PMI Manufacturing Index54.455.555.4

UK Mar Mfg PMI 54.4 VS 55.4 In Feb - Sources (Dow Jones)

The purchasing managers index for the U.K.'s manufacturing sector fell to 54.4 in March from 55.4 in February, market sources said Monday. That indicates that activity in the sector grew at a slower pace than had been expected. Economists surveyed by Dow Jones Newswires last week had forecast the PMI would decline to 55.3.

[ Full Story ]

EMU PMI MANUFACTURING INDEX

Date (GMT)EventActualCons.Previous
Apr 208:00PMI Manufacturing Index55.455.655.6

Euro-Zone Mar Mfg PMI 55.4 Vs 55.6 In Feb - Sources (Dow Jones)

The purchasing managers index for the euro zone's manufacturing sector fell to 55.4 in March from 55.6 in February, market sources said Monday. A level above 50 signals an expansion in manufacturing, while a level below 50 signals a contraction.

[ Full Story ]

Economic Events

Date (GMT)CountryEventActualCons.Previous
Apr 123:50JP Tankan Large Mfg Outlook (1Q) 202222
Apr 207:55DE Manufacturing Purchasing Manager Index (Mar) 56.957.557.2
08:00EMUPMI Manufacturing Index (Mar) 55.455.655.6
08:30UK PMI Manufacturing Index (Mar) 54.455.555.4
14:00US ISM Manufacturing (Mar) 51.052.3
Apr 301:30AU Trade Balance (Mar) -1254M-876M
05:45CH Consumer Price Index (MoM) (Mar) 0.2%0.2%
05:45CH Consumer Price Index (YoY) (Mar) 0.3%0%
09:00EMUProducer Price Index (MoM) (Feb) 0.3%0.1%
09:00EMUProducer Price Index (YoY) (Feb) 2.7%2.9%
[ View All ]
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