Thursday, Aug 09, 08:01 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
How to Get Started Trading Forex
Expert: Steve Primo
Start: Thu, Aug 9, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading with Tim Billups
Expert: Tim Billups
Start: Thu, Aug 9, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Aug 9, 08:00 GMT | London Open: Live Market Analysis with FX Bootcamp | Wayne McDonell | WBN |  |
| Thu, Aug 9, 15:00 GMT | How to Get Started Trading Forex | Steve Primo | WBN | |
| Thu, Aug 9, 16:00 GMT | Trading with Tim Billups  | Tim Billups | WBN | |
| Thu, Aug 9, 18:00 GMT | Live Look at Today’s Markets | Derek Frey | WBN |  |
Current Session: Europe
EUR/USD
Daily Recommended Trades - EUR/USD daily outlook by E-Forex
The Euro recovered its recent losses on yesterday and rose for about 100 points setting intra-day support around 1.38. Support is currently seen at 1.3795 backed by 1.3775 and 1.3725. Resistance is noticed at 1.3820, the record high at 1.3850 and 1.3900. Daily momentum is bullish while the hourly sentiment is negative at the time of this writing.
- 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:
Technical Summary for Majors - Technical Summary for Majors by Windsor Brokers Ltd
Daily Forex Commentary - Are Carry Trades picking up? by Jyske Bank
Daily Technical Analysis - JPY: Squeezing slowly higher and we shall continue to allow for a corrective bounce to 120.45 by Mizuho Corporate Bank
Currencies at a Glance
- EUR/USD
- Moves down toward first support level 1.3738
08/09/2007 07:10 GMT - GBP/USD
- Moves down toward pivot level 2.0308
08/09/2007 07:11 GMT - USD/CHF
- Continues to trade around pivot level 1.1956
08/09/2007 07:11 GMT - USD/JPY
- Moves down below first support level 119.01
08/09/2007 07:12 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 INITIAL JOBLESS CLAIMS
| Date (GMT) | Event | Cons. | Previous | |
| Aug 9 | 12:30 | Initial Jobless Claims | 310 | 307K |
Friday Notes - Weathering the storm by HVB Group
There has been little movement in initial claims for unemployment compensation in recent weeks, and that is not likely to change much over the coming weeks.
[ Full Story ]Top Market Movers Review
Australia UNEMPLOYMENT RATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 9 | 01:30 | Unemployment Rate | 4.3% | 4.4% | 4.3% |
DATA SNAP: Australian Jul Unemployment Rate 4.3% (Dow Jones)
Australia's unemployment rate remained at a better−than−expected seasonally adjusted 4.3% in July from June. The number of employed rose 21,800, the Australian Bureau of Statistics said Thursday. Economists on average had expected an unemployment rate of 4.5% in July, with the number of employed up 23,750.
[ Full Story ]- Read the Labour Force report at Australian Bureau of Statistics
- Australia's jobless rate steady at 4.3 pct in July (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 8 | 22:45 | NZ | Unemployment Rate (2Q) | 3.6% | 3.7% | 3.8% |
| Aug 9 | 01:00 | KR | Interest Rate Decision | 5.00% | 4.75% | 4.75% |
| 01:30 | AU | Unemployment Rate (Jul) | 4.3% | 4.4% | 4.3% | |
| 08:00 | EMU | ECB Publishes Monthly Report (Aug) | ||||
| 08:30 | UK | Total Trade Balance (Jun) | -3.900B | -3.511B | ||
| 12:30 | US | Initial Jobless Claims (Aug 4) | 310 | 307K | ||
| 12:30 | CA | New Housing Price Index (YoY) (Jun) | 0.7% | 1.1% | ||
| 23:50 | JP | Domestic Corporate Goods Price Index (MoM) (Jul) | 0.6% | 0.1% | ||
| 23:50 | JP | Domestic Corporate Goods Price Index (YoY) (Jul) | 2.1% | 2.3% | ||
| Aug 10 | 04:30 | JP | Industrial Production (MoM) (Jun)  | 1.2% | -0.3% | |