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Monday, Dec 24, 16:19 GMT

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Live Sessions Schedule

Steve PrimoHow to Get Started Trading Forex
Expert: Steve Primo
Start: Thu, Dec 27, 16:00 GMT

Type of Session: Webinar


Derek FreyLive Look at Today's Markets
Expert: Derek Frey
Start: Wed, Jan 2, 18:00 GMT
Sponsored by: Odom & Frey Futures, FOREX & Options
Type of Session: Webinar


Sponsored by
Thu, Dec 27, 13:00 GMTUS Pre−Market Open Ed PonsiWBNSponsored by
Thu, Dec 27, 16:00 GMTHow to Get Started Trading ForexSteve PrimoWBNSponsored by
Fri, Dec 28, 13:00 GMTUS Pre−Market Open Ed PonsiWBNSponsored by
Fri, Dec 28, 14:30 GMTUS Session Open Ed PonsiWBNSponsored by
Wed, Jan 2, 13:00 GMTUS Session Open Ed PonsiWBNSponsored by
[ View All ]

Current Session: U.S.

EUR/USD

Weekly Technical Strategist − EURUSD: Remains Biased To The Downside, Focuses On The 1.4279 Zone by FXTechstrategy

EUR declined for the second week in a row on Friday following its failure at the 1.4967 levels (2007 peak) and subsequent break through its H & S neckline. It printed a low of 1.4310 before closing the week at 1.4381 at the end of Friday trading session. With short term bearish signals still intact as evidenced by its price action and weekly momentum indicators, the pair looks to head lower towards its .382 Ret (1.3359−1.4967 rally) at 1.4356.

[ Full Story ]

Other Topics for this Session:

Daily Analysis − Carry trades lift dollar to 6−week peak against yen by Finotec Group Inc.

Currency Performance Report − Europe Session Performance by FXstreet.com

Currencies at a Glance

EUR/USD
Stays around yesterday high 1.4409 , below first resistant level 1.4420
12/24/2007 16:12 GMT
GBP/USD
Continues to move down below second support level 1.9763
12/24/2007 16:13 GMT
USD/CHF
Moves up toward first resistant level 1.1590
12/24/2007 16:13 GMT
USD/JPY
Moves up toward first resistant level 114.49
12/24/2007 16:14 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - EUR/USD


EUR

**Source : ActionForex.comCMS ForexDanske Bank A/SFXstreet.comGlobal Forex TradingMizuho Corporate Bank

[ View ASI page ] [ View EUR/USD page ]

Charting the Market Movers

GBP USD, Hourly


GBP/USD

EUR USD, Hourly


EUR/USD

Top Market Movers Preview

Japan BOJ MINUTES

Date (GMT)EventCons.Previous
Dec 2523:50BoJ Minutes--

Forex Weekly Review and Outlook − Dollar Rebound Lost Steam, Sterling Tumbled ahead of Holidays by ActionForex.com

Most markets are closed in early part of this week with only BoJ minutes and Japan CSPI featured. Markets will return on Thursday, featuring housing data from Japan, durable goods and consumer confidence from US.

[ Full Story ]

Top Market Movers Review

UK HOMETRACK HOUSING PRICES S.A

Date (GMT)EventActualCons.Previous
Dec 2400:01Hometrack Housing Prices s.a3.0-3.6

Hometrack: UK Dec House Prices −0.3% On Month, +3.0% On Yr (Dow Jones)

U.K. house prices recorded the largest monthly decline in nearly three years in December, as uncertainty about interest rates and the fallout from the credit crunch combined to quash demand, a survey by Hometrack showed Monday.

[ Full Story ]

Economic Events

Date (GMT)CountryEventActualCons.Previous
Dec 2423:50JP BSI Large Manufacturing (QoQ) 7.7
23:50JP Corporate Service Price (YoY) 1.4%
Dec 2523:50JP BoJ Minutes 
Dec 2615:00US Richmond Fed Manufacturing Index 0
Dec 2705:00JP Housing Starts (YoY) -35%
13:30US Continuing Jobless Claims 2646K
13:30US Durable Goods Orders -0.4%
[ View All ]
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