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EUROPEAN Trading Newsletter
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Live Sessions Schedule
Using FX Options to Control Risk and Make Profits
Expert: John Jagerson
Start: Thu, Jul 26, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
How to Get Started Trading Forex
Expert: Steve Primo
Start: Thu, Jul 26, 15:00 GMT
Sponsored by:
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Jul 26, 11:00 GMT | Using FX Options to Control Risk and Make Profits  | John Jagerson | WBN | |
| Thu, Jul 26, 13:00 GMT | Raghee Horner's Four Step Trading: Forex | Raghee Horner | WBN |  |
| Thu, Jul 26, 15:00 GMT | How to Get Started Trading Forex | Steve Primo | WBN | |
| Thu, Jul 26, 16:00 GMT | Trading with Tim Billups | Tim Billups | WBN |  |
Current Session: Europe
EUR/USD
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
The dollar gained versus the Euro on yesterday, managing to get below the support levels at 1.3800 and 1.3760, reaching 1.3695 during the US session. Support is formed at 1.3700 backed by 1.3675 and 1.3600. Resistance is noticed at 1.3725 followed by 1.3760 and 1.3800.
- Postcards from the Right Edge!: New technical analysis blog by Rob Booker
- The Signals Tracker: track down the performance of a particular signals provider
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- 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:
Forex Technical Analysis - EUR/USD:(1.3712) Short Term Double Top off 1.3752 by KBC Bank
Daily Forex Commentary - Rate Announcement from RBNZ by Jyske Bank
Forex Technical Report - Forex Technical Report EUR/USD by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Trades below opening price level 1.3722 , below pivot level 1.3750
07/26/2007 07:28 GMT - GBP/USD
- Continues to move down toward first support level 2.0471
07/26/2007 07:28 GMT - USD/CHF
- Trades above opening price level 1.2133 , above pivot level 1.2105
07/26/2007 07:28 GMT - USD/JPY
- Continues to trade around opening price level 120.49 , above pivot level 120.32
07/26/2007 07:28 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - USD/JPY
**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 USD/JPY page ]
Charting the Market Movers
EUR USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
US DURABLE GOODS ORDERS EX TRANSPORTATION
| Date (GMT) | Event | Cons. | Previous | |
| Jul 26 | 12:30 | Durable Goods Orders ex Transportation | 0.5% | -0.4% |
| Jul 26 | 12:30 | Durable Goods Orders | 1.8% | -2.4% |
Friday Notes - Global inflation: Genie out of the bottle? by HVB Group
Commercial aircraft orders are notoriously erratic from month to month. But lately there have also been unusually wide swings in several other industries, notably construction equipment, and housing-related products. In view of the improvement in non-residential construction in Q2 2007, it is likely that most of May’s decline in total orders will be reversed in the June figures.
[ Full Story ]Top Market Movers Review
UK NATIONWIDE HOUSING PRICES S.A
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 26 | 06:00 | Nationwide Housing Prices n.s.a (YoY) | 9.9 | 10.6 | 11.1 |
| Jul 26 | 06:00 | Nationwide Housing Prices s.a (MoM) | 0.1% | 0.5% | 1.1% |
UK house price inflation slows to 15-month low in July - Nationwide (Thomson Financial News)
UK house price growth slowed to a 15-month low in July as the market reacted to the Bank of England's five rate hikes since August last year, according to figures from the country's biggest building society, Nationwide.
[ Full Story ]- Read the report: Brakes slammed on house prices in July at Nationwide
- UK house price growth slow down slowed down in July (FXstreet.com)
- DATA SNAP: UK July House Prices +0.1%MM, +9.9%YY (Dow Jones)
New Zealand RBNZ INTEREST RATE DECISION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 25 | 21:00 | RBNZ Interest Rate Decision | 8.25% | 8.25% | 8.00% |
New Zealand's central bank lifts interest rates 25 bps, signals pause (Thomson Financial News)
The Reserve Bank of New Zealand said Thursday it has raised its official cash rate (OCR) by 25 basis points to 8.25 percent but signalled that further increases may not be necessary. RBNZ governor Alan Bollard said New Zealanders have been showing early signs of moderating their borrowing. "Provided they keep this up, and the pressure on resources continues to ease, we think the four successive OCR increases we have delivered will be sufficient to contain inflation," Bollard said. The central bank raised the official cash rate in March, April and June by 25 basis points each time, after a 15-month pause, because of rising inflationary pressures.
[ Full Story ]- Read the Interest Rate decision report at Reserve Bank of New Zealand
Daily Forex Outlook - RBNZ lift rates as US dollar rallies by Easy Forex
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 26 | 06:00 | UK | Nationwide Housing Prices n.s.a (YoY) (Jul) | 9.9 | 10.6 | 11.1 |
| 06:00 | UK | Nationwide Housing Prices s.a (MoM) (Jul) | 0.1% | 0.5% | 1.1% | |
| 08:00 | DE | IFO - Business Climate (Jul) | 106.4 | 106.5 | 107.0 | |
| 08:00 | EMU | M3 (YoY) (Jun) | 10.9% | 10.7% | 10.6% |
|
| 12:30 | US | Durable Goods Orders (Jun) | 1.8% | -2.4% | ||
| 12:30 | US | Durable Goods Orders ex Transportation (Jun) | 0.5% | -0.4% | ||
| 12:30 | US | Initial Jobless Claims (Jul 21) | 310K | 301K | ||
| 14:00 | US | New Home Sales (Jun) | 900K | 915K | ||
| 14:00 | US | New Home Sales (MoM) (Jun) | -1.6% | -1.6% | ||
| 22:45 | NZ | Trade Balance (Jun) | 0.009B | |||