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EUROPEAN Trading Newsletter
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Sep 25, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
What Moves Currencies?
Expert: Tony Juste
Start: Tue, Sep 25, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Sep 25, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Sep 25, 10:00 GMT | What Moves Currencies? | Tony Juste | WBN | |
| Tue, Sep 25, 11:00 GMT | FX Instructor Live Trading Room | Mihai Marinescu | WBN |  |
| Tue, Sep 25, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
Current Session: Europe
EUR/USD
Forex Technical Analysis − EUR/USD:(1.4075) 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 (1.4027 today).
1st Support area at 1.4061/ .58 (daily envelope bottom/ daily Short Term Moving Average↑), with next levels at 1.4042 (Short Term low hourly), ahead of 1.4027 (weekly envelope bottom + see above).
- Read the latest Technical Comments on the Advisor's Blog
- 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 − UK Banking System in Focus by Jyske Bank
Daily Forex Technical Report − EUR/USD Watching Ifo and US Existing Home Sales, Sterling Hammered by ActionForex.com
Daily Recommended Trades − EUR/USD daily outlook by E−Forex
Currencies at a Glance
- EUR/USD
- Moves down toward first support level 1.4059
09/25/2007 07:02 GMT - GBP/USD
- Continues to trade around second support level 2.0124
09/25/2007 07:02 GMT - USD/CHF
- Stays above pivot level 1.1720
09/25/2007 07:02 GMT - USD/JPY
- Stays below opening price level 114.84 , below pivot level 114.97
09/25/2007 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
Japan BOJ MINUTES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 24 | 23:50 | BoJ Minutes | - | - | - |
BOJ Aug Minutes:Need To Adjust Rates When Econ,Mkts Stabilize (Dow Jones)
The majority of the Bank of Japan's nine−member policy board emphasized the need to obtain a clearer picture from economic data before raising interest rates at their Aug. 22−23 meeting, minutes released by the central bank showed Tuesday.
[ Full Story ]- Read the Full Minutes of Meeting at Bank of Japan
- Bank of Japan to adjust interest rates gradually − August minutes (Thomson Financial News)
- UPDATE:BOJ Aug Minutes:Must Adjust Rates When Mkts Stabilize (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 24 | 23:50 | JP | BoJ Minutes | |||
| Sep 25 | 06:00 | DE | Import Price Index (MoM) (Aug) | -0.7% | 0% | 0.3% |
| 06:00 | DE | Import Price Index (YoY) (Aug) | -0.6% | 0.2% | 0.4% | |
| 08:00 | DE | IFO − Business Climate (Sep) | 105.0 | 105.8 | ||
| 08:00 | CH | UBS Consumption Indicator (Aug) | 2.261 | |||
| 14:00 | US | Consumer Confidence (Aug) | 104.5 | 105.0 | ||
| 14:00 | US | Existing Home Sales (Aug) | 5.50M | 5.75M | ||
| 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 | ||