Friday, Aug 24, 16:07 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- New NFA requirements - Francesc Riverola asks the opinion of top industry's CEO's
- Tony Juste is back! Check the Advisor Blog now
- FXstreet.com 1st International Traders Conference - Come and meet our renowned Speakers
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Live Sessions Schedule
What moves currencies?
Expert: Tony Juste
Start: Mon, Aug 27, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Aug 27, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Aug 27, 10:00 GMT | What moves currencies? | Tony Juste | WBN | |
| Mon, Aug 27, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Aug 27, 12:00 GMT | The Next Big Move in Forex  | Sam Seiden | WBN |  |
| Mon, Aug 27, 13:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
| Mon, Aug 27, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
Current Session: U.S.
GBP/USD
Forex Technical Report GBP/USD by iFOREX.bg
Support is the broken top 1.9928, followed by the bottoms 1.9743 and 1.9653. in upward direction resistance is the broken bottom from 30 July at 2.0177, after which comes the top from 9 August 2.0392. Break at the last level leads to test of the 26 year top at 2.0645.
- Tony Juste is finally back! Read his last weblog posts
- The Signals Tracker: performance of signals providers
- Check out how pairs moved: Live Currency Rates & Charts
- 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 Forex Technical Report − Yen Recovers Mildly Against Dollar, Focus Back to US Data by ActionForex.com
Daily Majors Technical Analysis − Daily Majors Technical Analysis by Pro Pipper
Today's Technical Trading Points by Danske Bank A/S
Currencies at a Glance
- EUR/USD
- Continues to move up above third resistant level 1.3643
08/24/2007 16:03 GMT - GBP/USD
- Trades around yesterday high 2.0092 , above pivot level 2.0002
08/24/2007 16:03 GMT - USD/CHF
- Trades around second support level 1.2016
08/24/2007 16:03 GMT - USD/JPY
- Back around pivot level 116.19
08/24/2007 16:03 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
USD JPY, Hourly
Top Market Movers Preview
US EXISTING HOME SALES
| Date (GMT) | Event | Cons. | Previous | |
| Aug 27 | 14:00 | Existing Home Sales | - | 5.75M |
Forex Trading Strategies - USD Offered on Housing Worries by Saxo Bank
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "We should treat every housing data release as a major event for the time being, as there is a lot of money depending on the news regarding the sector. Good news will inevitably mean a relief for the stock and futures markets, which should translate into good volatility back into the carry madness (it shouldn't be that way, but it is)." − FXstreet.com
Top Market Movers Review
US NEW HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 24 | 14:00 | New Home Sales | 870K | 825K | 846K |
| Aug 24 | 14:00 | New Home Sales (MoM) | 2.8% | -1.1% | -6.6% |
DATA SNAP: US Jul Home Sales Pace Above Expectations (Dow Jones)
New−home sales defied expectations and stopped sliding during July, making a modest increase that gave the beleaguered housing market a little good news.
[ Full Story ]- Read the New residential sales in July 2007 at Commerce Department
- U.S. New Home Sales rose higher than expected in July (FXstreet.com)
- Table Of Data On New Home Sales From Commerce (Dow Jones)
- US: New Home Sales (Jul) up to 870K (FXstreet.com)
Forex Trading Strategies - USD Offered on Housing Worries by Saxo Bank
The Week Ahead - Durable goods orders poised to experience positive growth by BBVA Bancomer
US DURABLE GOODS ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 24 | 12:30 | Durable Goods Orders ex Transportation | 3.7% | 0.6% | -0.5% |
| Aug 24 | 12:30 | Durable Goods Orders | 5.9% | 1.0% | 1.9% |
DATA SNAP: Durable Goods Orders Far Above Expectations (Dow Jones)
Demand surged for expensive goods during July in a broad−based increase that topped expectations by a wide margin and included a strong climb in a key barometer of capital spending by businesses.
[ Full Story ]- Read the Manufacturers' Shipments, Inventories, & Orders (M3) at Commerce Department
- US July durable goods orders jump 5.9 pct, ex−transportation up 3.7 pct UPDATE (Thomson Financial News)
- U.S. Durable goods orders rose higher than expected in July (FXstreet.com)
- US July durable goods orders jump 5.9 pct, ex−transportation up 3.7 pct (Thomson Financial News)
Trading News Report - How To Trade Durable Goods Orders With EURUSD by FXCM
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 24 | 14:00 | US | New Home Sales (MoM) (Jul) | 2.8% | -1.1% | -6.6% |
| 14:00 | US | New Home Sales (Jul) | 870K | 825K | 846K |
|
| Aug 27 | 14:00 | US | Existing Home Sales (Jul) | 5.75M | ||
| 23:50 | JP | BoJ Minutes | ||||
| Aug 28 | 08:00 | DE | IFO − Business Climate (Aug) | 106.4 | ||
| 14:00 | US | Consumer Confidence (Aug) | 112.6 | |||
| 14:00 | US | Richmond Fed Manufacturing Index (Aug) | 4 | |||