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Current Session: Europe - U.S.
EUR/USD
EUR/USD Daily Technical Forex - EUR/USD Daily Technical Forex by Stoploss.ch
Current level at 10:15 CET is 1.3609, trading above the daily pivot point at 1.3594. Hourly momentum readings are still in positive territory although the rate of advance is slowing. The near-term upside target remains 1.3680 which is the 61.8 percent Fibo projection of the 1.2866 - 1.3368 range.
- More market talk in EUR/USD by Tony Juste
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
- Read the comments to the latest market moves at our Forex Forum
Other Topics for this Session:
USD/JPY Daily Technical Forex - USD/JPY Daily Technical Forex by Stoploss.ch
Daily Forex Technical Report - Sterling Higher ahead of Retail Sales, Yen Weakens as Stock Stabilizes by ActionForex.com
Daily Technical Analysis - EUR: Consolidating just under the all-time high at 1.3670 by Mizuho Corporate Bank
Majors at a Glance
- EUR/USD
- Trades around 1.3600 , slightly above today's pivot at 1.3596
04/20/2007 11:34 GMT - GBP/USD
- Floating around today's pivot at 2.0036
04/20/2007 11:34 GMT - USD/CHF
- Continues to trade around first resistant level at 1.2068
04/20/2007 11:34 GMT - USD/JPY
- Continues to trade around 118.70 , slightly below first resistant level at 118.89
04/20/2007 11:34 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - GBP/USD
**Source : CMS Forex, Danske Bank A/S, Finotec Group Inc., FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank
[ View ASI page ] [ View GBP/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Canada RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Apr 20 | 12:30 | Retail Sales (MoM) | -0.3% | -0.2% |
Weekly Economic Letter - U.S: the probability of a recession is higher than consensus estimates by National Bank of Canada
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "Retail Sales data may take some of the current steam in the CAD out as we could see a drop in monthly readings, once again showing that consumer demand is weak and that could threaten the current account figures in the region, which should push CAD prices lower." - FXstreet.com
Top Market Movers Review
UK RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 20 | 08:30 | Retail Sales (MoM) | 0.3% | 0.5% | 1.6% |
| Apr 20 | 08:30 | Retail Sales (YoY) | 4.8% | 4.7% | 5.1% |
UK March retail sales up 0.3 pct on month, 4.8 pct on year (AFX News)
Retail sales in the UK continued to rise in March but at a slower pace than in February, official figures showed today. The Office for National Statistics said retail sales on a seasonally adjusted basis rose by 0.3 pct between March and February, slower than February's 1.6 pct monthly pace, which was revised up from 1.4 pct previously.
[ Full Story ]- Read the Retail Sales report at National Statistics
- Forex - Pound dips below 2 usd after mixed UK retail sales data (AFX News)
- UK retail sales carry on growing in March (FXstreet.com)
- UK Mar Retail Sales Table Of Data (Dow Jones)
European Market Update - UK Retail Sales Mixed in March by Trade The News
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 19 | 23:50 | JP | All Industry Activity Index (MoM) (Feb) | 0.9% | -0.3% | 0.7% |
| Apr 20 | 07:15 | CH | Producer and Import Prices (MoM) (Mar) | 0.3% | 0.3% | 0.3% |
| 08:30 | UK | Retail Sales (MoM) (Mar) | 0.3% | 0.5% | 1.6% |
|
| 08:30 | UK | Retail Sales (YoY) (Mar) | 4.8% | 4.7% | 5.1% |
|
| 12:30 | CA | Retail Sales (MoM) (Feb) | -0.3% | -0.2% | ||
| Apr 24 | 14:00 | US | Consumer Confidence (Apr) | 105.0 | 107.2 | |
| 14:00 | US | Existing Home Sales (Mar) | 6.50 | 6.69M | ||
| Apr 25 | 12:30 | US | Durable Goods Orders (Mar) | 2.5% | 2.5% | |
| 14:00 | US | New Home Sales (Mar) | 885K | 848K | ||
| 14:30 | US | EIA Crude Oil Stocks (Apr 20) | ||||