Wednesday, Sep 26, 07:34 GMT
EUROPEAN Trading Newsletter
To Get Started
- NEW Webinars Video - Access now Educational Sessions Recordings
- The Brokers (re) Evolution: The CEO's reply − FXCM and GFX Group answer to the Open Letter
- Forex Chat Room: Share your trading ideas and comments with fellow traders
- FXstreet.com 1st International Traders Conference - Come and meet our renowned Speakers
- The Advisor Blog: At the Open. This is not sustainable.
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Live Sessions Schedule
How to Intraday Trade Volatile Markets Using the ADX
Expert: Matt Kirk
Start: Wed, Sep 26, 08:30 GMT
Sponsored by: 
Type of Session: Webinar
What Moves Currencies? − A Look at the Carry−Trade
Expert: Tony Juste
Start: Wed, Sep 26, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Sep 26, 08:30 GMT | How to Intraday Trade Volatile Markets Using the ADX  | Matt Kirk | WBN | |
| Wed, Sep 26, 10:00 GMT | What Moves Currencies? − A Look at the Carry−Trade | Tony Juste | WBN | |
| Wed, Sep 26, 11:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
| Wed, Sep 26, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
Current Session: Europe
EUR/USD
Forex Technical Report − EUR/USD 1.4145 − 26 September by iFOREX.bg
EUR/USD Open 1.4150 High 1.4163 Low 1.4072 Close 1.4088
In August the Euro made a correction, but overall dropping for the month was insignificant. In force remains the middle term upward channel with bottom limit 1.3447 and upper limit 1.4375.
- Read the atest Teccnical Comments in our 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:
Forex Technical Analysis − EUR/USD:(1.4152) New historic high above channel off 1.3358 (see graph) by KBC Bank
Daily Recommended Trades − EUR/USD daily outlook by E−Forex
Currency Majors Technical Analysis by Mataf.net
Currencies at a Glance
- EUR/USD
- Moves down toward pivot level 1.4118
09/26/2007 07:10 GMT - GBP/USD
- Continues to trade around pivot level 2.0166
09/26/2007 07:10 GMT - USD/CHF
- Moves up above pivot level 1.1680
09/26/2007 07:11 GMT - USD/JPY
- Moves up toward first resistant level 115.16
09/26/2007 07:11 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
US DURABLE GOODS ORDERS
| Date (GMT) | Event | Cons. | Previous | |
| Sep 26 | 12:30 | Durable Goods Orders ex Transportation | -0.7% | 3.7% |
| Sep 26 | 12:30 | Durable Goods Orders | -3.0% | 5.9% |
Friday Notes - Fed Eases, ECB Pauses by HVB Group
The monthly swings in durable goods orders reflect the erratic pattern of Boeing civilian aircraft orders. More interesting is the category "non−defense capital goods orders excluding aircraft."
[ Full Story ]Top Market Movers Review
Germany GFK CONSUMER CONFIDENCE SURVEY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 26 | 06:10 | Gfk Consumer Confidence Survey | 6.8 | 7.0 | 7.4 |
UPDATE: GfK: German Consumer Confidence Hit By Mkt Woes, Food Prices (Dow Jones)
The credit crisis in the U.S. and rising food prices have dented German consumer confidence for October, market research group GfK said Wednesday.
[ Full Story ]- Read the Findings of the German GfK consumer climate study for September 2007 report at Gfk Group
- Germany's GfK sees Oct consumer climate index at 6.8 vs 7.4 in Sept UPDATE (Thomson Financial News)
- Germany's GfK sees Oct consumer climate index at 6.8 vs 7.4 in Sept (Thomson Financial News)
- German GfK consumer Confidence edges down in October (FXstreet.com)
Japan ADJUSTED MERCHANDISE TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 25 | 23:50 | Adjusted Merchandise Trade Balance | ¥743.2 | ¥739.5B | ¥822.6B |
Japan Aug Trade Surplus +287.6% Y/Y; Mkt Expected +39.4% (Dow Jones)
Japan's merchandise trade surplus jumped 287.6% in August from a year earlier to Y743.2 billion, the Ministry of Finance said Wednesday. It was the first rise in two months and may help alleviate concerns about a Japanese export slowdown hampering the economy's long−running expansion.
[ Full Story ]- Read the Trade Balance report at Japan Ministry of Finance
- Japan Aug trade figures with Asian countries (Thomson Financial News)
- Japan Aug trade figures with Asia, US and EU (Thomson Financial News)
- Japan trade surplus rises nearly fourfold in August, beats forecast (Thomson Financial News)
New Zealand TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 25 | 22:45 | Trade Balance | -945 | -990M | -791M |
New Zealand trade deficit slightly lower in August (Thomson Financial News)
New Zealand's trade deficit fell slightly in August compared to a year earlier with a fall in imports outpacing lower exports, official figures showed Wednesday. The trade deficit for August was 945 million New Zealand dollars which was slightly higher than economists' expectations but down from the 951 million dollar deficit in August 2006.
[ Full Story ]- Read the Trade Balance report at Statistics New Zealand
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 25 | 22:45 | NZ | Trade Balance (Aug) | -945 | -990M | -791M |
| 23:50 | JP | Adjusted Merchandise Trade Balance (Aug) | ¥743.2 | ¥739.5B | ¥822.6B | |
| 23:50 | JP | Merchandise Trade Balance Total (Aug) | ¥1144.909B | ¥878.306B |
||
| Sep 26 | 06:10 | DE | Gfk Consumer Confidence Survey (Oct) | 6.8 | 7.0 | 7.4 |
| 08:30 | UK | Gross Domestic Product (QoQ) (2Q) | 0.8% | 0.8% | ||
| 09:30 | CH | KOF Swiss Leading Indicator (Sep) | 2.00 | 2.06 | ||
| 12:30 | US | Durable Goods Orders (Aug) | -3.0% | 5.9% | ||
| 12:30 | US | Durable Goods Orders ex Transportation (Aug) | -0.7% | 3.7% | ||
| Sep 27 | 03:00 | NZ | Business Confidence (Aug) | -33.8 | ||
| 06:00 | UK | Nationwide Housing Prices n.s.a (YoY) (Sep) | 8.7% | 9.6% | ||