Wednesday, May 30, 10:55 GMT
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Live Sessions Schedule
US Pre-Market Open
Expert: Ed Ponsi
Start: Wed, May 30, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
Re-examining profit/loss ratios
Expert: Grace Cheng
Start: Wed, May 30, 14:00 GMT
Sponsored by:
Type of Session: Webinar
| Sponsored By: | ||||
| Wed, May 30, 12:00 GMT | US Pre-Market Open  | Ed Ponsi | WBN | |
| Wed, May 30, 13:20 GMT | US Session Open | Ed Ponsi | WBN | |
| Wed, May 30, 14:00 GMT | Re-examining profit/loss ratios | Grace Cheng | WBN | |
| Wed, May 30, 17:00 GMT | 24 hour Outlook | John Putman | WBN |  |
| Wed, May 30, 21:00 GMT | FX Daily Wrap Up | Derek Frey | WBN |  |
Current Session: Europe - U.S.
GBP/USD
Daily Technical Analysis - GBP: Trying to break above the top of the ‘flag' but needs help from other major currencies by Mizuho Corporate Bank
Trying to break above the top of the ‘flag' but needs help from other major currencies. Maybe this will materialise today. A weekly close above 1.9900 should turn momentum clearly bullish, as would a monthly close above 2.0000.
- Looking for the Trader of the Year 2007: Take part in the 1st FXstreet.com Trading Contest
- GBP/USD watch by Tony Juste
- The Signals Tracker: track down the performance of a particular signals provider
- 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
Other Topics for this Session:
Forex Technical Analysis - EUR/USD:(1.3448) Currently trying to settle back in the LT channel of 1.2877 and back in Bullish Flag by KBC Bank
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
Majors at a Glance
- EUR/USD
- Stays below opening price level at 1.3447 , below pivot level at 1.3462
05/30/2007 09:39 GMT - GBP/USD
- Continues to move down below first support level at 1.9766
05/30/2007 09:40 GMT - USD/CHF
- Floating around pivot level 1.2253
05/30/2007 09:40 GMT - USD/JPY
- Moves up back around opening price level 121.64 , above pivot level at 121.54
05/30/2007 09:40 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : CMS Forex, Danske Bank A/S, Finotec Group Inc., FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
US ADP EMPLOYMENT CHANGE
| Date (GMT) | Event | Cons. | Previous | |
| May 30 | 12:15 | ADP Employment Change | 115K | 64K |
Daily Forex Technical Report - Focus on ADP Employment and FOMC Minutes by ActionForex.com
The private ADP employment report is expected to indicate 120k job growth. And based on recent data since last year, this private report averaged 20k off NFP and if comes in as expected, will point to around 140k job growths in NFP.
[ Full Story ]Forex Daily Analysis - Data On Tap - The ADP Change In Nonfarm Payrolls. by ForexYard
Top Market Movers Review
EMU M3
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 30 | 08:00 | M3 (YoY) | 10.4% | 10.7% | 10.9% |
European Market Update - Euro-Zone M3 Falls From Multi-Decade Highs by Trade The News
Euro-Zone M3 data for the month of April, which saw multi-decade highs last month, declined by more than expected to 10.4% y/y, while the three-month average declined to 10.4%.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 30 | 01:30 | AU | Retail Sales (MoM) | 0.1% | 0.5% | 1.1% |
| 08:00 | EMU | Bloomberg Retail PMI (May) | 48.4 | 54.6 | ||
| 08:00 | DE | Bloomberg Retail PMI (May) | 47.3 | 55.6 | ||
| 08:00 | EMU | M3 (YoY) | 10.4% | 10.7% | 10.9% | |
| 12:15 | US | ADP Employment Change (May) | 115K | 64K | ||
| 17:00 | UK | BOE's Blanchflower to hold speech in London | ||||
| 18:00 | US | FOMC Minutes (May 9) | ||||
| 23:01 | UK | Gfk Consumer Confidence (May) | -7 | -6 | ||
| 23:30 | JP | Nomura/ JMMA Manufacturing Puchasing Manager Index (May) | 52.3 | |||
| May 31 | 01:30 | AU | Trade Balance (Apr) | -800M | -1622M | |