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Live Sessions Schedule
How to become a professional trader - Fundamental or technical analysis: Which is better?
Expert: Markus Heitkoetter
Start: Tue, May 1, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 12th Edition
Expert: Wayne McDonell
Start: Fri, May 4, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored By: | ||||
| Tue, May 1, 12:00 GMT | US Pre-Market Open  | Ed Ponsi | WBN |  |
| Tue, May 1, 13:00 GMT | Raghee Horner's Four Step Trading: Forex | Raghee Horner | WBN | |
| Tue, May 1, 13:20 GMT | US Session Open | Ed Ponsi | WBN | |
| Tue, May 1, 16:00 GMT | How to become a professional trader - Fundamental or technical analysis: Which is better? | Markus Heitkoetter | WBN | |
| Tue, May 1, 20:00 GMT | 24 hour Outlook | John Putman | WBN |  |
Current Session: Europe - U.S.
GBP/USD
Forex Daily Analysis - Manufaturing ISM - Look for the Employment Component by ForexYard
The cable bases itself around 2.00 level, but after breaking this psychological barrier it seems that there is nothing to stop this pair from continuing to climb higher. Some more basing here and then towards last week's high, at 2.0130.
- GBP/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
- The Cable experience at our Forex Forum
Other Topics for this Session:
FX Briefing - Lots of record highs by BHF-Bank
Forex Trading Strategies - Quiet European session, but ISM and Prices Paid could be the trigger by Saxo Bank
Daily Forex Technical Report - Dollar Range Bound as Focus Turning to ISM Manufacturing by ActionForex.com
Majors at a Glance
- EUR/USD
- Moves down below today's pivot level at 1.3637 on a narrow daily range
05/01/2007 10:02 GMT - GBP/USD
- Trades above 2.0000 , above today's pivot at 1.9971
05/01/2007 10:02 GMT - USD/CHF
- Trades around 1.2075 after bounced at yesterday high 1.2101
05/01/2007 10:02 GMT - USD/JPY
- Floating above today's pivot level at 119.47 with tight daily range
05/01/2007 10:02 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
US ISM MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| May 1 | 14:00 | ISM Manufacturing | 51.0 | 50.9 |
Daily Forex Technical Report - Dollar Range Bound as Focus Turning to ISM Manufacturing by ActionForex.com
The headline ISM Manufacturing index is expected to improve slightly from 50.9 to 51. The index has been hovering around the expansion/contraction level of 50 for a few months now and reactions to the readings will likely be muted unless we see a sharp rise to above 53 or a sharp fall to below 49.
[ Full Story ]Friday Notes - German economy enjoys an updraft by HVB Group
Top Market Movers Review
UK CBI DISTRIBUTIVE TRADES SURVEY - REALIZED
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 1 | 10:00 | CBI Distributive Trades Survey - Realized | 44 | 30 | 32 |
UK CBI retail trade survey increases unexpectedly in April (FXstreet.com)
UK retailers have enjoyed a boost in sales volume during the month of April, according to the monthly survey on distributive trade by the Confederation of British Industry.
[ Full Story ]- Retail Sales Official Data by the Confederation of British Industry
- UK April reported retail sales balance +44 pct, highest since may 2004 - CBI (AFX News)
- DATA SNAP: UK CBI Apr Retail Sales Volume +44 Vs Mar +32 -2- (Dow Jones)
UK PMI MANUFACTURING INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 1 | 08:30 | PMI Manufacturing Index | 53.9 | 54.0 | 54.2 |
UK Manufacturing PMI eases in April (FXstreet.com)
UK Manufacturing Purchasing Managers Index, has decreased in April to a 53.9 level in April, from downwardly revised 54.2 in March, previously estimated as 54.4, according to the latest monthly report. This slight decline overshadows the shared view of an strong pick up in the manufacturing sector later this year, while gives ground to another interest rate hike to 5.50% after the Bank of England’s monetary policy meeting next week.
[ Full Story ]- UPDATE: UK April Mfg PMI 53.9 VS 54.4 In March (Dow Jones)
- UK April Mfg PMI 53.9 VS 54.4 In March - Sources (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 1 | 08:30 | UK | PMI Manufacturing Index (Apr) | 53.9 | 54.0 | 54.2 |
| 10:00 | UK | CBI Distributive Trades Survey - Expected | 36% | 20% | 21% | |
| 10:00 | UK | CBI Distributive Trades Survey - Realized | 44 | 30 | 32 | |
| 14:00 | US | ISM Manufacturing (Apr) | 51.0 | 50.9 | ||
| 23:30 | AU | RBA Rate Decision | 6.25% | 6.25% | ||
| May 2 | 07:30 | CH | SVME - Purchasing Managers' Index (Apr) | 63.5 | 62.0 | |
| 07:55 | DE | Purchasing Manager Index Services (Apr) | 57.3 | 56.9 | ||
| 07:55 | DE | Unemployment Change (Apr) | -40K | -65K | ||
| 07:55 | DE | Unemployment Rate (Apr) | 9.1% | 9.2% | ||
| 08:00 | EMU | PMI Manufacturing Index (Apr) | 55.7 | 55.4 | ||