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Live Sessions Schedule
Understand & Use Fibonacci Ratio's Effectively
Expert: Sunil Mangwani
Start: Mon, Jul 7, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading Economic Numbers
Expert: Adam Rosen
Start: Mon, Jul 7, 13:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jul 7, 10:00 GMT | Understand & Use Fibonacci Ratio's Effectively | Sunil Mangwani | WBN | |
| Mon, Jul 7, 13:00 GMT | Trading Economic Numbers | Adam Rosen | WBN |  |
| Mon, Jul 7, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
| Mon, Jul 7, 15:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets  | Mark Whistler | WBN | |
| Mon, Jul 7, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
Current Session: U.S.
EUR/USD
Daily Technical Analysis − EUR: Possibly attempt tiny shorts at 1.5765 by Mizuho Corporate Bank
Comment: Up at some of the highest ever levels but a small ‘spike high' Friday hints that we shall consolidate below 1.5800 today. One−month at−the−money implied volatility is expected to hold above 9.00% and could move back up to March's 12.50% if we start holding above 1.5850.
Strategy: Possibly attempt tiny shorts at 1.5765; stop/reverse above 1.5850 for 1.6000. Short term target 1.5725, then 1.5650 if we can manage a break below 1.5700.
- The Advisor Weblog by Valeria Bednarik, Analyst at MolFX − Management
- The Forex Game: Stop Losing Dollars... Win Duellars!
- Longer−term Support and Resistance Trading: Setups and Rules Rob Booker, Founder and Host TraderRadio.net
- Check out how pairs moved: Live Currency Rates & Charts
Other Topics for this Session:
Forex Economic Analysis − Forex Technical Analysis on Majors by www.deltastock.com
Today's Technical Trading Points by Danske Bank A/S
Currency Performance
Currency Performance Report − Asia Session Performance by FXstreet.com
FX Analysts' Comments
ECB − NFP − Trichet − No Surprise − Dollar Rallies by Jerry Furst, Director Investors Education Network
Currencies at a Glance
- EUR/USD
- Back around opening price level 1.5703 , below pivot level 1.5764
07/04/2008 15:35 GMT - GBP/USD
- Moves up back around opening price level 1.9831 , below pivot level 1.9856
07/04/2008 15:36 GMT - USD/CHF
- Moves down towards pivot level 1.0219
07/04/2008 15:36 GMT - USD/JPY
- Continues to trade around opening price level 106.73 , above pivot level 106.48
07/04/2008 15:36 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
Germany INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Jul 7 | 10:00 | Industrial Production s.a. (MoM) | - | -0.8% |
| Jul 7 | 10:00 | Industrial Production s.a. w.d.a. (YoY) | - | 4.8% |
Friday Notes - Industrial production: Dynamic in industry remains solid so far by HVB Group
The UniCredit−Reuters tool for German industrial production signals a tangible recovery in May after the two weak preceding months. So far, the still comfortable order cushion is holding the dynamic in industry at a solid level.
[ Full Story ]Top Market Movers Review
Canada IVEY PURCHASING MANAGERS INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 4 | 14:00 | Ivey Purchasing Managers Index | 69.6 | 62.0 | 62.5 |
Canadian Ivey PMI increases well above expectations in June (FXstreet.com)
The Ivey Purchasing Managers Index was posted at 69.6 in June, well above the previous data of 62.5 points of May. Market expectations was 62.0 points, according to data published by the Richard Ivey School of Business.
[ Full Story ]- Read the PMI data at Richard Ivey School of Business
- Canadian Ivey PMI leapt up to 69.6 in Jun from 62.5 in May (FXstreet.com)
Daily U.S. Forex Summary - The Canadian dollar weakened across the board this morning by Union Bank of California
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 4 | 00:00 | US | 4th July Holiday | |||
| 14:00 | CA | Ivey Purchasing Managers Index (Jun) | 69.6 | 62.0 | 62.5 | |
| Jul 6 | 23:50 | JP | Official Reserve Assets (Jun) | 997B | ||
| Jul 7 | 05:45 | CH | Unemployment Rate (Jun) | 2.4% | ||
| 05:45 | CH | Unemployment Rate s.a. (Jun) | 2.5% | |||
| 06:30 | AU | Foreign Reserves (Jun) | 35.3B | |||
| 08:30 | UK | Industrial Production (MoM) (May) | 0.2% | |||