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EUROPEAN Trading Newsletter
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Live Sessions Schedule
What Moves Currencies? − Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Sep 24, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Thu, Sep 27, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Sep 24, 10:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN | |
| Mon, Sep 24, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Sep 24, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Mon, Sep 24, 13:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN |  |
Current Session: Europe
EUR/USD
Forex Technical Analysis − EUR/USD:(1.4103) New historic high above channel off 1.3358 by KBC Bank
New historic high above channel off 1.3358 (see graph) and above daily Long Term daily channel top off 2005 low at 1.4023.
1st Support area at 1.4066 (daily envelope bottom), with next levels at 1.4042 (Friday's low + daily Short Term Moving Average↑)), ahead of 1.4027/ .23 (weekly envelope bottom/ see above).
- Commerzbank is bullish on EUR/USD by Tony Juste
- 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
- Be up to date with the Latest Forex News
Other Topics for this Session:
Daily Forex Commentary − Quiet Please… by Jyske Bank
Daily Recommended Trades − EUR/USD daily outlook by E−Forex
Forex Technical Report − Forex Technical Report EUR/USD by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Trades around first resistant level 1.4126
09/24/2007 07:01 GMT - GBP/USD
- Moves up around second resistant level 2.0299
09/24/2007 07:01 GMT - USD/CHF
- Continues to trade below pivot level 1.1721
09/24/2007 07:02 GMT - USD/JPY
- Moves down toward first support level 114.75
09/24/2007 07:02 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
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Germany IFO − BUSINESS CLIMATE
| Date (GMT) | Event | Cons. | Previous | |
| Sep 25 | 08:00 | IFO − Business Climate | 105.0 | 105.8 |
Friday Notes - Fed Eases, ECB Pauses by HVB Group
The ZEW growth expectations of financial market experts posted a further tangible decline in the still uncertain market environment. With the new record highs in EUR−USD and the oil price, we also expect a weaker business climate. Business activity has peaked, and the risks for the future development have also increased.
[ Full Story ]Top Market Movers Review
Canada RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 21 | 12:30 | Retail Sales (MoM) | -0.8% | 0% | -0.9% |
| Sep 21 | 12:30 | Retail Sales ex Autos (MoM) | -0.3% | 0.3% | -0.3% |
Canadian retail sales decrease in July on weak auto sales (FXstreet.com)
Retail sales have fallen for the second consecutive month in Canada in July, due to a widespread decline led by the automotive sector, according to the latest report by the Canadian statistics office.
[ Full Story ]- Read the Retail trade report at Statistics Canada
- Canada retail sales slump in July, led by declines in auto sector (Thomson Financial News)
- Canada Jul Retail Sales decrease 0.8%; ex−autos 0.3% down (FXstreet.com)
Daily Forex Technical Report − Canadian Dollar Breached Parity, Looks into Retail Sales by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 24 | 08:30 | UK | Public Sector Net Borrowing (Aug) | £6.5B | -£6.5B | |
| 08:30 | UK | Public Finances (Aug) | £3.5B | -£13.1B | ||
| 09:00 | EMU | Industrial New Orders s.a. (MoM) (Jul) | -3.0% | 4.4% | ||
| 23:50 | JP | BoJ Minutes | ||||
| Sep 25 | 08:00 | DE | IFO − Business Climate (Sep) | 105.0 | 105.8 | |
| 14:00 | US | Consumer Confidence (Aug) | 104.5 | 105.0 | ||
| 14:00 | US | Richmond Fed Manufacturing Index (Sep) | 4 | 7 | ||
| 22:45 | NZ | Trade Balance (Aug) | -990M | -791M | ||
| 23:50 | JP | Adjusted Merchandise Trade Balance (Aug) | ¥739.5B | ¥822.6B | ||
| 23:50 | JP | Merchandise Trade Balance Total (Aug) | ¥230.0B | ¥666.5B | ||