Thursday, Apr 23, 11:11 GMT
U.S. Trading Newsletter
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- Webinar Videos: My favorite technical indicators to trade Forex by Valeria Bednarik
- All the events of the day in our Economic Calendar
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Forex Blogs
CEO's weblog: April 23rd: Saint George Day. Buy a rose to those you love by Francesc Riverola
Hi everyone If you have had the patience to follow this blog for a whole year, you already know that today is April 23rd, Saint George day, Sant Jordi in Catalan.
The Advisor Blog: Majors’s sentiment for today by Valeria Bednarik
FX Market Readings: Narrow range swings for a day before week end rise by Dr. S. Sivaraman
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How to Get Started Trading Forex
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Start: Thu, Apr 23, 15:00 GMT
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Start: Thu, Apr 23, 17:00 GMT
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| Thu, Apr 23, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Thu, Apr 23, 14:00 GMT | Where is the next carry trade? | Adam Rosen | WBN |  |
| Thu, Apr 23, 15:00 GMT | How to Get Started Trading Forex | Mark Whistler | WBN | |
| Thu, Apr 23, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
Current Session: Europe − U.S.
EUR/USD: The Euro sets back after reaching 1.3075 high
FXstreet.com − The Euro is stepping back slightly after having rallied close to 100 pips during the European trading session to reach 1.3075 high, at the moment the Euro moves right above 1.3050 support level.
Next resistance levels might lie at 1.3090 (Apr 10 low) and above here, 13125/45 (Apr 16 and 15 lows). On the Downside, below 1.3050, the Euro might find support at 1.3035 and then 1.2980.
USD/JPY
USD/JPY: 98.90/94 is the level that is looking to entice by Charmer Charts.com
98.90/94 is the level that is looking to entice. Buyers will be taking profits at these higher levels and sellers will be hovering about looking to get in quick and lead this lower once more to 98.38.
GBP/USD
Daily Trading Forecast − Terms of Trade Favor Dollar by Swiss e Trade AG
Cable has been in a sideways trend for two days now, currently in an upmove against the 1.4650 upper trend level and trading now at 1.4565 in European morning hours.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, i-knowindices.com, Mizuho Corporate Bank, MolFX - Management
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
US EXISTING HOME SALES
| Date (GMT) | Event | Cons. | Previous | |
| Apr 23 | 14:00 | Existing Home Sales | 4.65M | 4.72M |
| Apr 23 | 14:00 | Existing Home Sales (MoM) | -1.5% | 5.1% |
US economic indicators - Existing and new home sales (Mar): falling despite boost from foreclosures by BHF−Bank
Driven by foreclosures, existing home sales increased unexpectedly by 5.1% mom in February. However, after this surge, we expect them to have dropped to 4.65m in March.
[ Full Story ]Top Market Movers Review
EMU INDUSTRIAL NEW ORDERS S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 23 | 09:00 | Industrial New Orders (YoY) | -34.5% | -34.8% | -34.3% |
| Apr 23 | 09:00 | Industrial New Orders s.a. (MoM) | -0.6% | -2.2% | -2.0% |
DATA SNAP:Euro−Zone Feb Indus Orders Drop Less Than Expected (Dow Jones)
Euro−zone industrial news orders registered their smallest monthly decline since mid−2008 in February, but that didn't stop them posting a record drop in annual terms, data from the European Union's Eurostat show.
[ Full Story ]- UPDATE: Euro−Zone Feb Indus Orders Post Record Annual Drop (Dow Jones)
- EU Feb Industrial New Orders YoY sink a 34.5%, −0.6% MoM (FXstreet.com)
EMU economic indicators - EMU industrial new orders are expected to have decreased by BHF−Bank
EMU CURRENT ACCOUNT N.S.A
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 23 | 08:00 | Current Account n.s.a | -2.3B | -10.6B | -19.9B |
| Apr 23 | 08:00 | Current Account s.a | -8.1B | -10.7B | -12.3B |
DATA SNAP: Euro−Zone Current Account Deficit Narrows In Feb (Dow Jones)
The euro zone's current account deficit narrowed in February, as deficits in current transfers and income were partly offset by a surplus in services, data from the European Central Bank showed Thursday.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 23 | 08:00 | EMU | Purchasing Manager Index Services (Apr) | 43.1 | 41.3 | 40.9 |
| 08:01 | EMU | Purchasing Manager Index Manufacturing (Apr) | 36.7 | 35.4 | 33.9 | |
| 09:00 | EMU | Industrial New Orders (YoY) (Feb) | -34.5% | -34.8% | -34.3% |
|
| 09:00 | EMU | Industrial New Orders s.a. (MoM) (Feb) | -0.6% | -2.2% | -2.0% |
|
| 09:00 | CH | ZEW Survey − Expectations (Apr) | -27.7 | -57.1 | ||
| 10:00 | UK | CBI Industrial Trends Survey − Orders (MoM) | -57 | -54 | -58 | |
| 12:30 | US | Continuing Jobless Claims (Apr 11) | 6135K | 6022K | ||
| 12:30 | US | Initial Jobless Claims (Apr 18) | 630K | 610K | ||
| 12:30 | CA | Retail Sales (MoM) (Feb) | -0.3% | 1.9% | ||
| 12:30 | CA | Retail Sales ex Autos (MoM) (Feb) | 0.2% | 1.3% | ||