Friday, Apr 11, 11:02 GMT
U.S. Trading Newsletter
To Get Started
- Webinar Videos: Trend Trading - Part 1: Elements of Trend Trading in FX and Futures Markets by Don Wilcox
- Live Charts Window: 100 charts in real−time and a vast range of technical indicators
- ECB and BoE − Review of Apr 10 meetings by FXstreet.com
- ITC 2008 − Barcelona October 29th to 31st. Visit our website!
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Live Sessions Schedule
Fibonacci Friday
Expert: Andrei Pehar
Start: Fri, Apr 11, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Apr 11, 15:00 GMT | Fibonacci Friday | Andrei Pehar | WBN |  |
| Mon, Apr 14, 10:00 GMT | Understand & Use Fibonacci Ratio's Effectively | Sunil Mangwani | WBN |  |
| Mon, Apr 14, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Apr 14, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
Current Session: Europe − U.S.
GBP/USD
Daily FX Report − Trichet warned that financial market tensions could hurt the euro zone economy more than expected by Varengold Wertpapierhandelsbank AG
Since the middle of March the GPB/USD is on the way down. On this way it touched three times its resistance at 1,9723. In April the market was two times under this line. After BoE cuts the rate, the market went down to this level again. When this level will efficiently break it could be a sign for a longer down trend.
- Covered Carry Trades by S. Wade Hansen, Founder Profiting With Forex
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Banks' Analysis
Today's Technical Trading Points by Danske Bank A/S
FX' Signal
Daily Scalping Tip − Daily Scalping Tip by PipsandTips.com
Majors at a Glance
- EUR/USD
- Moves up above pivot level 1.5792
04/11/2008 09:59 GMT - GBP/USD
- Trades below pivot level 1.9751
04/11/2008 09:59 GMT - USD/CHF
- Trades above pivot level 1.0018
04/11/2008 09:59 GMT - USD/JPY
- Trades around opening price level 101.95 , above pivot level 101.35
04/11/2008 09:59 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading, 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 IMPORT PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Apr 11 | 12:30 | Import Price Index (MoM) | 1.9% | 0.2% |
| Apr 11 | 12:30 | Import Price Index (YoY) | 13.6% | 13.6% |
OUTLOOK Highlights of US economic indicators to be released in the coming week (Thomson Financial News)
Economists expect import prices to have increased 1.8 pct in March following a 0.2 pct increase in the previous month. Sal Guatieri of BMO Capital Markets said he is looking for another sizeable increase in overall import prices, "most of that reflecting the upturn in crude oil prices."
[ Full Story ]Top Market Movers Review
EMU OECD COMPOSITE LEADING INDICATOR INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 11 | 10:00 | OECD Composite Leading Indicator Index | 98.9 | - | 98.8 |
DATA SNAP: OECD Indicator Points To Global Slowdown (Dow Jones)
Brazil, Russia, India and China will join the world's leading developed economies in experiencing a slowdown this year, according to figures released by the Organization for Economic Cooperation and Development Friday.
[ Full Story ]- Read the Leading Indicator Index data at OECD
- The OECD leading indicators index shows economic slowdown in February (FXstreet.com)
- OECD Feb composite leading indicator 98.9 vs 98.8; points to slowdown (Thomson Financial News)
- OECD Composite Leading Indicator Index improves to 98.9 in Feb vs 98.8 in Jan (FXstreet.com)
Germany WHOLESALE PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 11 | 06:00 | Wholesale Price Index (YoY) | 7.1% | 6.0% | 6.0% |
German wholesale prices grow above expectations in March (FXstreet.com)
The index of wholesale prices has risen well above expectations in Germany in March from the same month last year, posting the highest jump in more than 10 years, according to data by Destatis.
[ Full Story ]- Read the Index of prices in wholesale trade data at German Statistics
- German March WPI up 1.6 pct from Feb, up 7.1 pct year−on−year (Thomson Financial News)
- Germany Wholesale Price Index rises to 7.1% in Mar (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 10 | 23:50 | JP | Domestic Corporate Goods Price Index (MoM) (Mar) | 0.5% | 0.3% | 0.4% |
| 23:50 | JP | Domestic Corporate Goods Price Index (YoY) (Mar) | 3.9% | 3.5% | 3.4% | |
| Apr 11 | 06:00 | DE | Wholesale Price Index (YoY) (Mar) | 7.1% | 6.0% | 6.0% |
| 10:00 | EMU | OECD Composite Leading Indicator Index (Feb) | 98.9 | 98.8 |
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| 12:00 | G7 Meeting | |||||
| 12:30 | US | Import Price Index (MoM) (Mar) | 1.9% | 0.2% | ||
| 12:30 | US | Import Price Index (YoY) (Mar) | 13.6% | 13.6% | ||
| 12:30 | CA | New Housing Price Index (YoY) (Mar) | 6.5% | |||
| 14:00 | US | Reuters/Michigan Consumer Sentiment Index (Apr)  | 69.0 | 69.5 | ||
| Apr 13 | 23:50 | JP | BoJ Minutes | |||