Monday, Apr 13, 12:18 GMT
U.S. Trading Newsletter
To Get Started
- Introducing Active Trader Special live event to present the new FXCM's trading platform. April 16th at 14:00 GMT
- Join the awesome educational experience brought to you by FXstreet.com team - The Learning Center is a new, serious and refreshing program to learn Forex!
- Webinar Videos: Technical Trading Strategist in the short and longer term by Valeria Bednarik
- All the events of the day in our Economic Calendar
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Live Sessions Schedule
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, Apr 14, 14:00 GMT
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Apr 14, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Apr 14, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Apr 14, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Tue, Apr 14, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Tue, Apr 14, 14:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN | |
Current Session: Europe − U.S.
The EUR/USD remains in broad downward trend, crucial support at 1.3100
ACM − Advanced Currency Markets − Despite weaker dollar the pair remains in broad downward trend. Crucial support at 1.3100 tested twice in the last month. Currently trading a 2−figure range between 1.3100 and 1.3300. 1.3300 being the upper extremity of current mini−trend which is a more pronounced dollar bull than the broader declining triangle we have outlined in the past. Initial support at 1.3168 while on the upside we are eying at 1.3224.
Weekly GBP/USD
Sterling could regain due to little thrust on U.S. dollar by Finotec Group Inc.
The U.K. currency gives us a rebound signal after forming a higher low. Technically the market change its trend as we can see strong demand in the market, based on technical indicators.
USD/JPY
USD/JPY still in a range trading by Precise Trader
USDJPY has been caught in a range trading almost a week and we believe it will be out of the range soon. The bears and the bulls have to be sidelined as there is not any clear signal yet.
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 12 | 23:50 | JP | Domestic Corporate Goods Price Index (MoM) (Mar) | -0.2% | -0.5% |
|
| 23:50 | JP | Domestic Corporate Goods Price Index (YoY) (Mar) | -2.2% | -1.6% |
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| Apr 13 | 12:17 | JP | Bank of Japan Monthly Economic Survey | |||
| 12:17 | JP | Machine Tool Orders (YoY) (Mar) | -84.4% | |||
| 14:30 | CA | Bank of Canada Business Outlook Survey (1Q) | ||||
| 22:45 | NZ | Retail Sales (MoM) (Feb) | -1.1% | |||
| 22:45 | NZ | Retail Sales ex Autos (MoM) (Feb) | 0.3% | |||
| Apr 14 | 01:30 | AU | National Australia Bank's Business Conditions (Mar) | -20 | ||
| 01:30 | AU | National Australia Bank's Business Confidence (Mar) | -22 | |||
| 01:30 | AU | National Australia Bank's Business Confidence(QoQ) (1Q) | -42 | |||