Tuesday, Apr 28, 11:03 GMT
U.S. Trading Newsletter
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- Learning Center: New Contents has been released! Chapter 3 of Unit A - Understand the Mechanics. Read it now!
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- Webinar Videos: Identifying the weekly fundamental trend of EUR/USD by Javier Paz
- All the events of the day in our Economic Calendar
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Forex Blogs
CEO's weblog: FX Trader of the Year 2009 Demo Contest − Entering last week by Tim Salem
Hi everyone, In the link below you will find the top 20 contest ranking as of Apr 24th 2009. Eric Shandy Admadinata still in the first place, followed very closely by Faisal Friehat, just 12,000$ away from the top.
The Advisor Blog: Majors’s sentiment for today by Valeria Bednarik
Trading for a Living: Majors at a glance 28/04/2009 by David Aranzabal
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Live Sessions Schedule
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Apr 28, 15:00 GMT
Type of Session: Webinar
Is the Bear Market Over?
Expert: John W. O'Donnell
Start: Tue, Apr 28, 16:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Apr 28, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Apr 28, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Tue, Apr 28, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Tue, Apr 28, 14:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN | |
Current Session: Europe − U.S.
Forex: GBP/USD: The Pound rises to 1.4575 resistance after good CBI retail sales
FXstreet.com − The Pound's decline experienced during Asian session has found support at 1.4515 low and the pair attempts to pick up, reaching to 1.4575 resistance level after UK CBI reported the highest retail sales volume in 15 months.
The Pound experienced an slightly positive reaction to these figures, jumping from levels around 1.4525 to test resistance level at 1.4575. In case of successful move above here, the Pound could find resistance at 1.4650 and 1.4710. On the downside, support levels stand at 1.4515, 1.4445 and 1.4395 (Apr 22 low).
EUR/USD
Daily Trading Forecast − EUR / USD Weaker by ECB‘s Signals? by Swiss e Trade AG
The pair is consolidating its lower levels in this European morning and is currently trading at 1.3010. Some upward movements may set in soon, testing the 1.3050 resistance but not breaking it. Later, further weakness is likely, leading to prices around 1.2950.
USD/JPY
USD/JPY: Dollar breaks below 95.95 support, at 5−week low by FXTechstrategy
USDJPY: Lower Level Prices Targeted −Having broken and maintained below the 97.78 level, its major emasand the 97.49 level, its rising channel base, USDJPY should continue to weaken in the nearer term.
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 CONSUMER CONFIDENCE
| Date (GMT) | Event | Cons. | Previous | |
| Apr 28 | 14:00 | Consumer Confidence | 29 | 26 |
US economic indicators - Consumer confidence (Mar): rising noticeably, albeit still at depressed level by BHF−Bank
At 26.0, the Conference Board's consumer confidence stabilised at a level close to its record low in March. Expectations improved slightly, whereas the current assessment declined further due to the rapidly rising level of unemployment. However, despite the unfavourable labour market situation, we forecast that consumer confidence will have risen to about 33.0 in Apri.
[ Full Story ]Top Market Movers Review
UK CBI DISTRIBUTIVE TRADES SURVEY − REALIZED
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 28 | 10:00 | CBI Distributive Trades Survey − Realized (MoM) | 3 | -40 | -44 |
DATA SNAP: UK CBI Apr Sales Volume Jumps To 15−Month High (Dow Jones)
Sales volumes at U.K. retailers jumped unexpectedly to their highest level since January 2008 in April, fueled by record sales of groceries and strong sales of footwear and leather goods, the Confederation of British Industry said Tuesday.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 27 | 23:50 | JP | Large Retailer's Sales (Mar) | -8.1% | -7.8% | -8.1% |
| 23:50 | JP | Retail Trade s.a (MoM) (Mar) | -1.1% | -0.4% | -0.2% |
|
| Apr 28 | 11:03 | DE | Consumer Price Index (MoM) (Apr)  | 0.1% | -0.1% | |
| 11:03 | DE | Consumer Price Index (YoY) (Apr) | 0.8% | 0.5% | ||
| 06:00 | CH | UBS Consumption Indicator (Mar) | 0.99 | 0.89 | ||
| 10:00 | UK | CBI Distributive Trades Survey − Realized (MoM) (Apr) | 3 | -40 | -44 | |
| 13:00 | US | S&P/Case−Shiller Home Price Indices (Feb) | -18.8% | -19.0% | ||
| 14:00 | US | Consumer Confidence (Apr) | 29 | 26 | ||
| 14:00 | US | Richmond Fed Manufacturing Index (Apr) | -18 | -20 | ||
| 21:00 | US | ABC/Washington Post Consumer Confidence (Apr 26) | -47 | |||