Friday, Oct 26, 15:02 GMT
ASIA-PACIFIC Trading Newsletter
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1st FXStreet.com International Conference − Oct. 25−27th
Oct 26, 14:18 GMTSecond day at the ITC 2007 by FXstreet.com
Check out our Live coverage from the ITC!
We're posting almost real−time pictures of the event. Torsten Kroeger has just ended a fantastic speech and now Rob Booker is showing the attendees how to make it to do "Trading for a Living." And all of this after a delicious lunch!
- ITC Homepage
- Discuss your trading plann with Rob Booker live from the ITC at the Forum
Live Sessions Schedule
What Moves Currencies? − Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Oct 29, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Oct 29, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Oct 29, 10:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN | |
| Mon, Oct 29, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Oct 29, 13:00 GMT | FX Instructor Live Trading Room  | Nader Moustafa | WBN |  |
| Mon, Oct 29, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
| Mon, Oct 29, 15:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets | Steve Primo | WBN |  |
Current Session: U.S.
GBP/USD
Forex Technical Report − Forex Technical Report GBP/USD by iFOREX.bg
GBP/USD Open 2.0508 High 2.0571 Low 2.0437 Close 2.0488
The British Pound continued its consolidation on a daily basis, and broke the first resistance 2.0545, which is followed by 2.0580 and 2.0623. Support is expected at 2.0433, followed by 2.0337 and 2.0265.
- Read the latest technical comments on majors' crosses at Tony Juste's blog
- Long−term Forex Perspectives: Our new blog by John Jagerson and S. Wade Hansen
- New Webinars Video − Access now Educational Sessions Recordings
- 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:
Preview Strategies for − Preview Strategies for US SESSION 26/10/2007 by AKforex
Daily technical research − Daily technical research by FX Instructor
Daily Analysis − Dollar Flirts With Record Low versus Euro by Finotec Group Inc.
Currencies at a Glance
- EUR/USD
- Continues to trade around first resistant level 1.4362
10/26/2007 14:26 GMT - GBP/USD
- Moves up above pivot level 2.0506
10/26/2007 14:26 GMT - USD/CHF
- Trades above first support level 1.1617
10/26/2007 14:26 GMT - USD/JPY
- Stays above pivot level 114.17
10/26/2007 14:26 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading, Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
UK MORTGAGE APPROVALS
| Date (GMT) | Event | Cons. | Previous | |
| Oct 29 | 09:30 | Mortgage Approvals | - | 109K |
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
[ Full Story ]- David Dooks, director of statistics at the BBA: "Lower amounts of new mortgage lending and fewer loans approved for house purchase signal a weaker outlook for the mortgage market, particularly if loan supply reduces in the aftermath of the recent financial markets' difficulties and borrowing costs remain at current levels." − The Independent
Top Market Movers Review
US REUTERS/MICHIGAN CONSUMER SENTIMENT INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 26 | 14:00 | Reuters/Michigan Consumer Sentiment Index | 80.9 | 82.0 | 83.4 |
Reuters/Univ Michigan End−Oct Sentiment 80.9; Sep 83.4 (Dow Jones)
U.S. consumer sentiment weakened as of the end of October. The Reuters/University of Michigan final October consumer sentiment index Friday fell to 80.9 from 83.4 in September's final estimate. Economists surveyed by Dow Jones Newswires had expected the end of month index to stand at 82.0.
[ Full Story ]- Read the Reuters/University of Michigan Surveys of Consumers
- US late Oct Reuters/Michigan consumer sentiment falls to 80.9 vs 82.0 expected (Thomson Financial News)
- Michigan Consumer Confidence falls deeper than expected in October (FXstreet.com)
- US Reuters/Michigan Consumer Sentiment Index decreases to 80.9 in Oct from 83.4 (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 26 | 14:00 | US | Reuters/Michigan Consumer Sentiment Index (Oct) | 80.9 | 82.0 | 83.4 |
| Oct 29 | 08:30 | UK | Net Lending to Individuals | £9.5B | ||
| 09:30 | UK | Mortgage Approvals | 109K | |||
| 23:30 | JP | Overall Household Spending (YoY) | 1.6% | |||
| 23:30 | JP | Unemployment Rate | 3.6% | |||
| Oct 30 | 08:55 | DE | Unemployment Rate s.a. | 8.8% | ||
| 11:00 | UK | CBI Distributive Trades Survey − Realized (MoM) | 12 | |||