Monday, Mar 26, 16:54 GMT
ASIA-PACIFIC Trading Newsletter
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- The Advisor Weblog: Who said Mondays were boring?
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NEXT SPECIAL WEBINARS
Fundamental and Technical Trading Opportunities that we are Watching
Expert: Kathy Lien
Start: Wed, Mar 28, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Thu, Mar 29, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
Current Session: U.S.
USD/CHF
Mid-Day Forex Technical Report - Dollar Falls Sharply after Disappointing New Home Sales by ActionForex.com
USD/CHF's sharp decline in early US session suggest that recovery from 1.2029 has completed at 1.227 earlier today, just limited by mentioned 1.2228/30 cluster resistance (61.8% retracement of 1.2354 to 1.2029 at 1.2230, 38.2% retracement of 1.2550 to 1.2029 at 1.2228) as expected.
- FOREX FORUM: Technical Analysis forum. Post your charts and share your technical point of view.
- US data follow-through by Tony Juste
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
Other Topics for this Session:
Currency Open positions - The cable exceeded our 1.96 target this past week by Odom & Frey Futures & Options
Short-Term Forecast on Forex Majors - Short-Term Forecast on Forex Majors by BetonCurrencies
Daily Technical Briefing - Euro Rolls Over - Major Top In Place? by FXCM
Currencies at a Glance
- EUR/USD
- Moving up above first resistant at 1.3321 after bad US New Home Sales data
03/26/2007 14:24 GMT - GBP/USD
- Moving up above first resistant at 1.9675 after bad US New Home Sales data
03/26/2007 14:24 GMT - USD/CHF
- Moving down below today's pivot at 1.2164 after bad US New Home Sales data
03/26/2007 14:24 GMT - USD/JPY
- Moving down toward today's pivot at 117.90 after bad US New Home Sales data
03/26/2007 14:24 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading Ltd. , KBC Bank, Mizuho Corporate Bank, Saxo Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Germany IFO - BUSINESS CLIMATE
| Date (GMT) | Event | Cons. | Previous | |
| Mar 27 | 08:00 | IFO - Business Climate | 106 | 107 |
Friday Notes - Pullback in inflation does not mean all-clear for the ECB by HVB Group
Companies' assessment of the current situation has consolidated after the VAT increase, primarily in the retail trade. It should also head south in March and in the coming months continue to converge towards the expectations component.
[ Full Story ]Top Market Movers Review
US NEW HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 26 | 14:00 | New Home Sales | 848K | 985K | 882K |
DATA SNAP: US Feb Home Sales Drop To Lowest Since 2000 (Dow Jones)
New-home sales unexpectedly fell in February, dropping a second month in a row to the lowest level in nearly seven years as the housing sector showed more weakness. Sales of single-family homes decreased by 3.9% to a seasonally adjusted annual rate of 848,000, the Commerce Department said Monday.
[ Full Story ]- Read the New Residential Sales in February 2007 at Department of Commerce
- Forex - Dollar weakens after weak US new home sales data (AFX News)
- Dollar Declines After US New Home Sales Decline (Dow Jones)
- New home sales drop for second month (AFX News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 26 | 04:00 | JP | BoJ Minutes | |||
| 06:45 | FR | Business Confidence (Mar) | 109 | 107 | 107 | |
| 14:00 | US | New Home Sales (Feb) | 848K | 985K | 882K |
|
| Mar 27 | 08:00 | DE | IFO - Business Climate (Mar) | 106 | 107 | |
| 13:00 | NZ | Westpac New Zealand Consumer Confidence (1Q) | 119.7 | |||
| 14:00 | US | Consumer Confidence (Mar) | 109.0 | 112.5 | ||
| Mar 28 | 06:00 | DE | Consumer Price Index (MoM) (Mar)  | 0.2% | 0.4% | |
| 06:00 | DE | Consumer Price Index (YoY) (Mar) | 1.8% | 1.6% | ||
| 06:00 | UK | Nationwide Housing Prices n.s.a (YoY) (Mar) | 9.6% | 10.2% | ||
| 06:00 | UK | Nationwide Housing Prices s.a (MoM) (Mar) | 0.7% | 0.7% | ||