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| Thu, Apr 24, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Thu, Apr 24, 14:00 GMT | Tracking the forex market together / Part II | Dr.S.Sivaraman | WBN |  |
| Thu, Apr 24, 15:00 GMT | How to Get Started Trading Forex | Steve Primo | WBN | |
| Thu, Apr 24, 16:00 GMT | The Day Trading Coach − Tips, Tricks and Strategies for Day Traders | Markus Heitkoetter | WBN | |
Current Session: Europe − U.S.
EUR/USD
Daily Market Commentary − EUR/USD Daily Technical Forex by Stoploss.ch
Current level at 10:50 CET is 1.5752, trading well below the daily pivot point of 1.5916 and also below second support at 1.5775 and thus likely to have exhausted the downside potential for today. Daily Bollinger and standard error bands are poised flat to negative while the daily MACD has remained below the zero line since the 31st of March. The first major barrier for the downside is 1.5410 which marks the daily Ichimoku cloud top, followed by 1.5360 which marks the Fibonacci 38.2 percent retracement of the recent 1.4311 − 1.6020 range.
- Longer−term Support and Resistance Trading: Setups and Rules by Rob Booker, Currency Analyst Piptopia
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Currency Performance
Action Bias Summary Table − Action Bias Summary Table by ActionForex.com
FX' Signal
Spot Forex Trades − Long EURUSD@ 18:00GMT by ForexSurvivor
Majors at a Glance
- EUR/USD
- Moves down below first support level 1.5832
04/24/2008 11:04 GMT - GBP/USD
- Moves down towards first support level 1.9726
04/24/2008 10:20 GMT - USD/CHF
- Moves up towards first resistant level 1.0208
04/24/2008 10:20 GMT - USD/JPY
- Moves up above first resistant level 103.86
04/24/2008 10:20 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 DURABLE GOODS ORDERS
| Date (GMT) | Event | Cons. | Previous | |
| Apr 24 | 12:30 | Durable Goods Orders | 0.1% | -1.7% |
| Apr 24 | 12:30 | Durable Goods Orders ex Transportation | 0.5% | -2.6% |
Ahead of the Bell: Durable Goods (Thomson Financial News)
Government data due out on Thursday is expected to show that demand for big−ticket items in March rebounded on aircraft orders after two straight monthly declines.
[ Full Story ]- HIGHLIGHTS Outlook of US economic indicators to be released in the coming week (Thomson Financial News)
EMU economic indicators - M3 growth probably slowed down to 10.3% yoy in March by BHF−Bank
Top Market Movers Review
UK CBI INDUSTRIAL TRENDS SURVEY − ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 24 | 10:00 | CBI Industrial Trends Survey − Orders (MoM) | -13% | 4% | 7% |
UK manufacturers begin to suffer as inflation remains high − CBI UPDATE (Thomson Financial News)
The crisis in the credit markets appears to be finally taking its toll on the UK manufacturers' order books but inflationary pressures persist, according to the country's leading business lobby group.
[ Full Story ]- Read the Industrial Trends Survey data at CBI
- DATA SNAP: CBI Apr Indus Output Balance 0 Vs +18 In Mar (Dow Jones)
- UK manufacturers begin to suffer as inflation remains elevated − CBI (Thomson Financial News)
- UK CBI: Industrial orders tumble in April, prices rise (FXstreet.com)
Germany IFO − BUSINESS CLIMATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 24 | 08:00 | IFO − Business Climate | 102.4 | 104.3 | 104.8 |
| Apr 24 | 08:00 | IFO − Expectations | 96.8 | 98.0 | 98.4 |
DATA SNAP: German Ifo Hits Lowest Level Since Jan 2006 (Dow Jones)
German business confidence significantly cooled in April in light of record−high oil prices and a stronger euro, hitting its lowest level since January 2006, a survey from the German Ifo Institute showed Thursday.
[ Full Story ]- Read the Business Climate data at Ifo
- EURONOMICS: Euro Sinks As Business Confidence Withers (Dow Jones)
- Forex − Euro down on weak Ifo, pound lower on soft retail sales figures (Thomson Financial News)
- 2nd UPDATE: German Ifo Hits Lowest Level Since Jan 2006 (Dow Jones)
Forex Commentaries and Forecasts - German Business Confidence at two years low by World−Signals®
EMU economic indicators - M3 growth probably slowed down to 10.3% yoy in March by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 24 | 08:00 | EMU | Current Account n.s.a (Feb) | 5.0B | -17.9B |
|
| 08:00 | DE | IFO − Business Climate (Apr) | 102.4 | 104.3 | 104.8 | |
| 08:00 | DE | IFO − Expectations (Apr) | 96.8 | 98.0 | 98.4 | |
| 08:30 | UK | Retail Sales (MoM) (Mar) | -0.4% | -0.3% | 1.1% |
|
| 08:30 | UK | Retail Sales (YoY) (Mar) | 4.6% | 4.3% | 6.3% |
|
| 10:00 | UK | CBI Industrial Trends Survey − Orders (MoM) (Apr) | -13% | 4% | 7% | |
| 12:30 | US | Continuing Jobless Claims (Apr 12) | 2960K | 2984K |
||
| 12:30 | US | Durable Goods Orders (Mar) | 0.1% | -1.7% | ||
| 12:30 | US | Durable Goods Orders ex Transportation (Mar) | 0.5% | -2.6% | ||
| 12:30 | EMU | ECB's Trichet Speech | ||||