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Live Sessions Schedule
What Moves Currencies? − Majors watch
Expert: Tony Juste
Start: Wed, Jan 9, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Main technical theme in the currency market
Expert: Jamie Saettele
Start: Wed, Jan 9, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Jan 8, 17:00 GMT | Longer−term Support and Resistance Trading: Setups and Rules | Rob Booker | WBN |  |
| Tue, Jan 8, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Jan 9, 10:00 GMT | FX Instructor Live Trading Room | Mihai Marinescu | WBN |  |
| Wed, Jan 9, 11:00 GMT | What Moves Currencies? − Majors watch | Tony Juste | WBN | |
| Wed, Jan 9, 14:00 GMT | Main technical theme in the currency market | Jamie Saettele | WBN | |
Current Session: U.S.
EUR/JPY
Mid−Day Forex Technical Report − Consolidation Continues in Tight Range, Aussie Strengthens Further by ActionForex.com
As discussed before, an intraday low should be in place at 159.73 with 4 hours MACD staying well above signal line. Further consolidation will likely follow with risk of recovery to 161.82 resistance or higher. Nevertheless, upside is expected to be limited below 164.07 resistance and bring another fall.
- 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
Other Topics for this Session:
Daily Technical Strategist − EURUSD: Hesitates Ahead of the 1.4967 Level, Turns Lower by FXTechstrategy
Daily Forex Forecast − EUR/USD still trading ranged below 1.4740 by FXDream
Currency Majors Technical Analysis − 1,4714. EUR USD is in a range between 1,4665 and 1,4780 by Mataf.net
Currencies at a Glance
- EUR/USD
- Continues to trade above pivot level 1.4703
01/08/2008 16:12 GMT - GBP/USD
- Trades below first resistant level 1.9753
01/08/2008 16:13 GMT - USD/CHF
- Trades around pivot level 1.1140
01/08/2008 16:13 GMT - USD/JPY
- Continues to trade below first resistant level 109.80
01/08/2008 16:13 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
EUR USD, Hourly
Top Market Movers Preview
US CONSUMER CREDIT
| Date (GMT) | Event | Cons. | Previous | |
| Jan 8 | 20:00 | Consumer Credit | $8.5B | $3.7B |
Ahead of the Bell: Consumer Credit (Thomson Financial News)
Government data due out Tuesday is forecast to show that credit card−armed holiday shoppers helped push consumer borrowing up in November, compared with the prior month.
[ Full Story ]Top Market Movers Review
US PENDING HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 8 | 15:00 | Pending Home Sales (MoM) | -2.6% | -0.5% | 3.7% |
US Pending−Home Sales Resume Decline In Nov − NAR (Dow Jones)
A forward−looking indicator of existing−home sales fell in November, after two months of increase. The National Association of Realtors' index for pending sales of previously owned homes decreased at a seasonally adjusted annual rate of 2.6% to 87.6 in November from October's 89.9, the industry group said Tuesday.
[ Full Story ]- Read the Pending Home Sales data at NAR
- US Nov pending home sales index down 2.6 pct vs 0.5 pct drop expected UPDATE (Thomson Financial News)
- Realtors group sees flat sales in '08 (Thomson Financial News)
- US November pending home sales down 2.6 pct vs 0.5 pct drop expected (Thomson Financial News)
Forex Daily Analysis - 08/01/'08 US Pending Home Sales by ForexYard
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 8 | 15:00 | US | Pending Home Sales (MoM) (Nov) | -2.6% | -0.5% | 3.7% |
| 20:00 | US | Consumer Credit (Nov) | $8.5B | $3.7B | ||
| 22:00 | US | ABC Consumer Confidence (Jan 6) | -17 | |||
| Jan 9 | 00:01 | UK | Nationwide Consumer Confidence (Dec) | 86 | 86 | |
| 00:30 | AU | Retail Sales (MoM) (Nov) | 0.5% | 0.2% | ||
| 02:00 | NZ | ANZ Commodity Price (Dec) | 0.8% | |||
| 07:00 | DE | Retail Sales (MoM) (Nov) | 1.3% | -3.3% | ||