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Derek FreyDerek Frey's Outlook
Expert: Derek Frey
Start: Mon, Jun 11, 14:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider/Odom & Frey Futures & Options/logo_36x13.gif
Type of Session: Webinar


Tim BillupsTrading with Tim Billups
Expert: Tim Billups
Start: Mon, Jun 11, 16:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider/FXstreet.com/logo_36x13.gif
Type of Session: Webinar


Sponsored By:
Mon, Jun 11, 11:00 GMTWeekly Webinar: 1st on Forex - The Week AheadJerry FurstWBNSponsored by Investors Education Network
Mon, Jun 11, 14:00 GMTDerek Frey's OutlookDerek FreyWBNSponsored by Odom & Frey Futures & Options
Mon, Jun 11, 16:00 GMTTrading with Tim Billups Tim BillupsWBNSponsored by FXstreet.com
Mon, Jun 11, 21:00 GMTFX Daily Wrap Up Derek FreyWBNSponsored by Odom & Frey Futures & Options
Tue, Jun 12, 10:00 GMTWhat moves currencies?Tony JusteWBNSponsored by FXstreet.com
[ View All ]

Current Session: Europe - U.S.

EUR/USD

Daily Analysis - The dollar hovered near a two-month high against the Euro by Finotec Group Inc.

1.3320 is close to coming back under threat after 1.3375 rejected the move in Asia. Hourly studies are easing and we are looking for good levels to resell the pair. The daily trend studies remain bearish as well and 1.3275 is key going lower. Below here targets 1.3185. Keep stop levels relatively tight.

[ Full Story ]

Other Topics for this Session:

Bank Recomendations - Technical Research Limited, CommerzBank Corporates & Markets, SEB by Finotec Group Inc.

Elliott wave Mid-term Analysis on Majors - USD/JPY mid-term by Karoll

Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg

Majors at a Glance

EUR/USD
Floating around 1.3350 with narrow daily range , below pivot level 1.3376
06/11/2007 10:54 GMT
GBP/USD
Floating around 1.9670 with narrow daily range , below pivot level 1.9703
06/11/2007 10:54 GMT
USD/CHF
Moving up above last week high at 1.2364 , toward first resistant level 1.2397
06/11/2007 10:54 GMT
USD/JPY
Floating around above pivot level 121.43 with narrow daily range
06/11/2007 10:54 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - GBP/USD


GBP

**Source : ActionForex.comCMS ForexDanske Bank A/SFinotec Group Inc.FXstreet.comGlobal Forex Trading Ltd. Mizuho Corporate 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

EMU INDUSTRIAL PRODUCTION S.A.

Date (GMT)EventCons.Previous
Jun 1209:00Industrial Production s.a. (MoM)0.2%0.4%

Friday Notes - Italy: Draghi's wake up call by HVB Group

We expect industrial production to show no change in April. Recent releases of major factory surveys show a moderate loss of momentum, which we interpret as a cyclical slowdown. Production numbers tend to reflect this, but the growth rate remains solid enough to guarantee above-trend GDP expansion also in Q2.

[ Full Story ]

Top Market Movers Review

UK PRODUCER PRICE INDEX - OUTPUT

Date (GMT)EventActualCons.Previous
Jun 1108:30Producer Price Index - Input (YoY)1.2%0.9%-0.3%
Jun 1108:30Producer Price Index - Output (MoM)0.4%0.4%0.5%
Jun 1108:30Producer Price Index - Output (YoY)2.5%2.5%2.5%
Jun 1108:30Producer Price Index - Input (MoM)0.4%0.8%0.7%

European Market Update - UK May PPI rose above estimates by Trade The News

In the UK May PPI input rose to 1.2% m/m and to 1.2% y/y, above estimates of 0.6% and 1.2% respectively. The rise in PPI input was largely attributed to a rise in the prices of imported parts, equipment and metal.

[ Full Story ]

Economic Events

Date (GMT)CountryEventActualCons.Previous
Jun 1108:30UK Producer Price Index - Input (MoM) (May) 0.4%0.8%0.7%
08:30UK Producer Price Index - Input (YoY) (May) 1.2%0.9%-0.3%
08:30UK Producer Price Index - Output (MoM) (May) 0.4%0.4%0.5%
08:30UK Producer Price Index - Output (YoY) (May) 2.5%2.5%2.5%
Jun 1205:00JP Consumer Confidence (May) 47.4
08:30UK Consumer Price Index (MoM) (May) 2.6%0.3%
08:30UK Consumer Price Index (YoY) (May) 2.5%2.8%
08:30UK Retail Price Index (MoM) (May) 0.4%0.5%
08:30UK Retail Price Index (YoY) (May) 4.3%4.5%
09:00EMUIndustrial Production s.a. (MoM) 0.2%0.4%
[ View All ]
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