Tuesday, Aug 21, 07:40 GMT
EUROPEAN Trading Newsletter
To Get Started
- MG Financial Response to Francesc Riverola's "Open letter to FXstreet's clients affected by NFA capital requirement changes"
- Tony Juste is back! Check the Advisor Blog now
- FXstreet.com 1st International Traders Conference - Come and meet our renowned Speakers
- Special Webinar: How to Capitalize on the Credit Crunch Crisis with Currencies
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Aug 21, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
What moves currencies? − Majors Watch
Expert: Tony Juste
Start: Tue, Aug 21, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Aug 21, 08:00 GMT | London Open: Live Market Analysis with FX Bootcamp | Wayne McDonell | WBN |  |
| Tue, Aug 21, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Aug 21, 10:00 GMT | What moves currencies? − Majors Watch | Tony Juste | WBN | |
| Tue, Aug 21, 11:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
Current Session: Europe
GBP/USD
Daily technical research − GbpUsd Technical View by FX Instructor
Cable started the week with a move north from 1.9800 to 1.9900, but the 1.9900 resistance proved to be strong and after a few failed attempts to go over it, price started to slip and so far today we are going to retest the 1.9800.
- Tony Juste is finally back! Read his last weblog posts
- The Signals Tracker: performance of signals providers
- Check out how pairs moved: Live Currency Rates & Charts
- 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:
Currency Majors Technical Analysis by Mataf.net
Daily Majors Technical Analysis − Daily Majors Technical Analysis by Pro Pipper
Daily Market Commentary − The FX markets had a day of uneasy calm on Monday by Global Forex Trading Ltd.
Currencies at a Glance
- EUR/USD
- Trades around pivot level 1.3480 with narrow daily range
08/21/2007 07:00 GMT - GBP/USD
- Moves down below first support level 1.9797
08/21/2007 07:01 GMT - USD/CHF
- Moves down toward second support level 1.2028
08/21/2007 07:02 GMT - USD/JPY
- Moves down below pivot level 114.68
08/21/2007 07:03 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**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 EUR/USD page ]
Charting the Market Movers
GBP JPY, Hourly
USD CAD, Hourly
Top Market Movers Preview
Germany ZEW SURVEY − ECONOMIC SENTIMENT
| Date (GMT) | Event | Cons. | Previous | |
| Aug 21 | 09:00 | ZEW Survey − Economic Sentiment | -1.5 | 10.4 |
EMU economic indicators - German ZEW economic sentiment is expected to plummet in August by BHF−Bank
In August, German ZEW economic sentiment is expected to drop significantly, because the global consequences of the US subprime mortgage crisis are becoming evident.
[ Full Story ]Top Market Movers Review
Japan ALL INDUSTRY ACTIVITY INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 20 | 23:50 | All Industry Activity Index (MoM) | 0.2% | 0.3% | -0.3% |
Japan June all−industries index up 0.2 percent from May (Thomson Financial News)
Japan's all−industries index, which covers a broad range of economic activity including the tertiary index, rose 0.2 percent in June from May, the Ministry of Economy, Trade and Industry said on Tuesday.
[ Full Story ]- Read the All Industry Activity Indices report at Japan Ministry of Economy, Trade and Industry
- Japan July Crude Steel Output Up 1.5% On Year (Dow Jones)
- Japan Outlook: Jun All Indus Activity; Jul Steel Production (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 20 | 23:50 | JP | All Industry Activity Index (MoM) | 0.2% | 0.3% | -0.3% |
| Aug 21 | 09:00 | EMU | Trade Balance s.a. (Jun) | €3.0B | €3.6B | |
| 09:00 | DE | ZEW Survey − Economic Sentiment (Aug) | -1.5 | 10.4 | ||
| 11:00 | CA | Bank of Canada Consumer Price Index Core (MoM) (Jul) | 0.1% | 0% | ||
| 11:00 | CA | Bank of Canada Consumer Price Index Core (YoY) (Jul) | 2.3% | 2.5% | ||
| 11:00 | CA | Consumer Price Index (MoM) (Jul) | 0.1% | -0.2% | ||
| 11:00 | CA | Consumer Price Index (YoY) (Jul) | 2.2% | 2.2% | ||
| 12:30 | CA | Retail Sales (MoM) (Jun) | -0.5% | 2.8% | ||
| 12:30 | CA | Retail Sales ex Autos (MoM) (Jun) | -0.3% | 2.3% | ||
| 23:50 | JP | Adjusted Merchandise Trade Balance (Jul) | ¥760.00B | ¥823.77B | ||