Thursday, Jul 26, 16:31 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Website Renewed! All the Forex Market news and research also in Spanish
- FXstreet.com International Traders Conference: Come to Barcelona! Enjoy the Special Early Bird Discount
- Have a look at Postcards from the Right Edge! The new blog by Rob Booker
- Check out the NEW Flash Charts on the Rates & Charts Section
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Live Sessions Schedule
SPECIAL EVENT: Live Coverage and trading of the GDP report
Expert: Jerry Furst
Start: Fri, Jul 27, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Jul 30, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Jul 26, 15:00 GMT | How to Get Started Trading Forex | Steve Primo | WBN |  |
| Thu, Jul 26, 18:00 GMT | Live Look at Today’s Markets  | Derek Frey | WBN | |
| Fri, Jul 27, 11:30 GMT | SPECIAL EVENT: Live Coverage and trading of the GDP report | Jerry Furst | WBN | |
| Fri, Jul 27, 16:00 GMT | Trading with Tim Billups | Tim Billups | WBN | |
| Mon, Jul 30, 10:00 GMT | The Next Big Move in Forex | Sam Seiden | WBN |  |
Current Session: U.S.
EUR/USD
Forex Mid-Day Technical Report - Carry Trade Unwinding Overshadows US Data by ActionForex.com
EUR/USD recovers mildly after reaching as low as 1.3692 and with 1.3749 minor resistance remains intact, outlook is unchanged. As discussed before, a short term top is likely in place at 1.3851, with bearish divergence condition in 4 hours MACD and RSI, and after failing to sustain above 1.3822 projection target.
- Postcards from the Right Edge!: New technical analysis blog by Rob Booker
- The Signals Tracker: track down the performance of a particular signals provider
- 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:
Daily Trading Strategy - This is just the start… by MVDForex
FX Thoughts for the Day - FX Thoughts for the day - Evening - 26-July-2007....1145 GMT by Kshitij Consultancy Service
Forex Technical Report - Forex Technical Report USD/CHF by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Continues to trade around opening price level 1.3722 , below pivot level 1.3750
07/26/2007 16:18 GMT - GBP/USD
- Moves up above first support level 2.0471 after bounced at 2.0425
07/26/2007 16:18 GMT - USD/CHF
- Continues to move down toward first support level 1.2047
07/26/2007 16:18 GMT - USD/JPY
- Moves down below third support level 119.19
07/26/2007 16:18 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, Finotec Group Inc., FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Germany GFK CONSUMER CONFIDENCE SURVEY
| Date (GMT) | Event | Cons. | Previous | |
| Jul 27 | 06:10 | Gfk Consumer Confidence Survey | 8.6 | 8.4 |
Friday Notes - Global inflation: Genie out of the bottle? by HVB Group
Consumer confidence remains very high. Despite rising energy prices, above all the positive labor market development points to a further recovery in the willingness-tobuy. Income expectations should also remain at an elevated level. Hence, we expect the consumer climate to post its fifth consecutive increase
[ Full Story ]Top Market Movers Review
US NEW HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 26 | 14:00 | New Home Sales | 834K | 900K | 893K |
| Jul 26 | 14:00 | New Home Sales (MoM) | -6.6% | -1.6% | -1.6% |
US June new home sales down 6.6 pct to 834,000 units vs 905,000 expected UPDATE (Thomson Financial News)
Sales of new homes in the US fell sharply for the second straight month to a level just a touch higher than a seven-and-a-half year low, the Commerce Department said today.
[ Full Story ]- Read the New Residential Sales at Commerce Department
- US June new home sales down 6.6 pct to 834,000 units vs 905,000 expected (Thomson Financial News)
- Table Of Data On New Home Sales From Commerce (Dow Jones)
- US ECONOMIC INDICATORS: Housing Data, Latest 6 Months (Dow Jones)
US economic indicators - New and existing home sales are likely to deteriorate further by BHF-Bank
US DURABLE GOODS ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 26 | 12:30 | Durable Goods Orders ex Transportation | -0.5% | 0.5% | -0.2% |
| Jul 26 | 12:30 | Durable Goods Orders | 1.4% | 1.8% | -2.3% |
DATA SNAP: Durable Goods Orders Below Expectations (Dow Jones)
Demand for expensive goods climbed for the fourth time in five months during June, spurred by stronger demand for airplanes, the government reported Thursday. Orders for durable goods increased by 1.4% last month to a seasonally adjusted $217.07 billion, the Commerce Department said.
[ Full Story ]- Read the Manufacturers' Shipments, Inventories, & Orders (M3) at Commerce Department
- US June durable goods orders up 1.4 pct vs 2.0 pct rise expected (Thomson Financial News)
- U.S. Durable goods orders’ pick up, weaker than expected in June (FXstreet.com)
- Table Of Data On Durable Goods From Commerce (Dow Jones)
Friday Notes - Global inflation: Genie out of the bottle? by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 26 | 14:00 | US | New Home Sales (Jun) | 834K | 900K | 893K |
| 14:00 | US | New Home Sales (MoM) (Jun) | -6.6% | -1.6% | -1.6% | |
| 22:45 | NZ | Trade Balance (Jun) | 0.009B | |||
| 23:30 | JP | National Consumer Price Index (YoY) (Jun) | -0.2% | 0% | ||
| 23:30 | JP | National CPI Ex-Fresh Food (YoY) (Jun) | -0.1% | -0.1% | ||
| 23:30 | JP | Tokyo Consumer Price Index (YoY) (Jul) | -0.1% | -0.2% | ||
| 23:30 | JP | Tokyo CPI ex Fresh Food (YoY) (Jul) | -0.1% | -0.1% | ||