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Special Webinars
US Pre-Market Open
Expert: Jerry Furst
Start: Tue, Apr 24, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
Technical Analysis
Expert: Valeria Bednarik
Start: Tue, Apr 24, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- Indicators
- Oscillators
Objective Rule Based Trading in Forex
Expert: Sam Seiden
Start: Tue, Apr 24, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: Europe - U.S.
EUR/USD
Daily Forex Currency Outlook - EURUSD by ZeeTrade
EURUSD after touching top of its upwards channel is now looking to take some retrace to open its RSI. Its retracement is expected to extend below 1.3500 level and traders will look to buy EURUSD around 1.3480 level. From 1.3480, EURUSD will resume its upward trend which is expected to go towards 1.3700 level.
- EUR/USD watch (II) 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:
Global FX Daily - European Edition - Weak Australian CPI suggests RBA will leave policy on hold for now by Mellon Foreign Exchange
EUR/USD Daily Technical Forex - EUR/USD Daily Technical Forex by Stoploss.ch
Forex Technical Analysis - EUR/USD:(1.3565) Toying back with LT channel top off 1.2877 by KBC Bank
Majors at a Glance
- EUR/USD
- Floating below today's pivot at 1.3574 with narrow daily range
04/24/2007 09:56 GMT - GBP/USD
- Floating around first support level at 1.9968 , below yesterday low at 1.9975
04/24/2007 09:56 GMT - USD/CHF
- Continues to move down toward first support level at 1.2059
04/24/2007 09:56 GMT - USD/JPY
- Moves up above today's pivot level at 118.62
04/24/2007 09:56 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 BANK OF CANADA RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Apr 24 | 13:00 | Bank of Canada Rate Decision | 4.25% | 4.25% |
Weekly Market Commentary - Front page news as the pound trades above $2 by Mizuho Corporate Bank
The Bank of Canada decides on rates (unanimously expected unchanged at 4.25%). Wednesday Japan’s March Trade Balance, German April IFO, UK Q1 GDP, US March Durable Goods Orders and New Home Sales, plus the Fed’s Beige Book.
[ Full Story ]Weekly Economic Letter - US corporate profits threatened by worst GDP-productivity combination since 1995 by National Bank of Canada
Top Market Movers Review
EMU INDUSTRIAL NEW ORDERS S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 24 | 09:00 | Industrial New Orders (YoY) | 4.7% | - | 12.2% |
| Apr 24 | 09:00 | Industrial New Orders s.a. (MoM) | -0.7% | - | -0.1% |
US Open Market Points - Euro – Industrial Orders Plunge - Will IFO Follow? by FXCM
Euro-zone New Industrial Orders plunged -0.7% versus expectations of an increase of 1.0%. Although the currency showed no negative reaction to the release, the results must be a concern for euro bulls.
[ Full Story ]- Read the Industrial new orders down by 0.7% in euro area at Eurostat
- Euro Zone Feb industrial orders down 0.7 pct vs Jan, up 4.7 pct yr-on-yr (AFX News)
- Euro Zone Industrial Orders decrease for the second consecutive month (FXstreet.com)
- DATA SNAP: Euro-Zone Feb Factory Orders Fell 0.7% On Month (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 24 | 01:30 | AU | Consumer Price Index (YoY) (1Q) | 2.4% | 3.3% | |
| 06:15 | CH | Trade Balance (Mar) | 0.718B | 1.380B | ||
| 09:00 | EMU | Industrial New Orders (YoY) (Feb) | 4.7% | 12.2% |
||
| 09:00 | EMU | Industrial New Orders s.a. (MoM) (Feb) | -0.7% | -0.1% |
||
| 13:00 | CA | Bank of Canada Rate Decision | 4.25% | 4.25% | ||
| 13:15 | UK | CBI Industrial Trends Survey - Total Orders (Apr) | 6% | 8% | ||
| 14:00 | US | Consumer Confidence (Apr) | 105.0 | 107.2 | ||
| 14:00 | US | Existing Home Sales (Mar) | 6.50 | 6.69M | ||
| 14:00 | US | Richmond Fed Manufacturing Index (Apr) | -6 | -10 | ||
| Apr 25 | 08:00 | DE | IFO - Business Climate (Apr) | 107.0 | 107.7 | |