EUROPEAN SESSION
A) CALENDAR
-GMT 11:00 UK BoE Rate Decision EST 5.75% PREVIOUS 5.75%
-GMT 11:45 EU ECB Rate Decision EST 4.00% PREVIOUS 4.00%
-GMT 12:30 EU Trichet Speaks at ECB Monthly News Conference
B) SUPPORT-RESISTANCE
EURO/USD USD/JPY GBP/USD
R3 1.4165 117.15 2.0405
R2 1.4140 116.90 2.0380
R1 1.4120 116.75 2.0355
S1 1.4075 116.35 2.0270
S2 1.4045 116.10 2.0230
S3 1.4015 115.90 2.0190
C) WATCH
-Interest Rates
-GMT 11:00 UK BoE Rate Decision
-GMT 11:45 EU ECB Rate Decision
-GMT 12:30 EU Trichet Speaks at ECB Monthly News Conference
D) TRADING TIPS
The best way to combine technical indicators is to use weekly signals to determine market direction and the daily signals to find-tune entry and exit points. A daily signal is followed only when it agrees with the weekly signal.