Thursday, Oct 18, 07:56 GMT
EUROPEAN Trading Newsletter
To Get Started
- FXstreet.com 1st International Traders Conference - Come and meet our renowned Speakers
- NEW Webinars Video - Access now Educational Sessions Recordings
- Forex Chat Room: Share your trading ideas and comments with fellow traders
- Long-term Forex Perspectives: Our new blog by John Jagerson and S. Wade Hansen
- The Advisor Blog: Suspicions confirmed, USD down.
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Live Sessions Schedule
MONTHLY WEBINAR: Introducing Forex Options
Expert: John Jagerson
Start: Thu, Oct 18, 12:00 GMT
Type of Session: Webinar
MONTHLY WEBINAR: Exotic Forex Options
Expert: S. Wade Hansen
Start: Thu, Oct 18, 14:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Oct 18, 12:00 GMT | MONTHLY WEBINAR: Introducing Forex Options | John Jagerson | WBN |  |
| Thu, Oct 18, 14:00 GMT | MONTHLY WEBINAR: Exotic Forex Options  | S. Wade Hansen | WBN | |
| Fri, Oct 19, 09:00 GMT | How to Intraday Trade Volatile Markets Using ADX | Matt Kirk | WBN | |
| Fri, Oct 19, 10:00 GMT | What Moves Currencies? − Weekly Wrap−Up | Tony Juste | WBN |  |
Current Session: Europe
EUR/USD
Forex Technical Report − EUR/USD 1.4228 − 18 October by iFOREX.bg
EUR/USD Open 1.4202 High 1.4252 Low 1.4145 Close 1.4170.
The Euro concessed from climbing to its absolute top against the US Dollar, remained in narrow margins, and than started climbing again.
- USD expected lower from here as signals start to come at Tony Juste's blog
- Long−term Forex Perspectives: Our new blog by John Jagerson and S. Wade Hansen
- 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 Technical Report − Markets Cautiously in Familiar Range ahead of G7 Meeting by ActionForex.com
Daily Recommended Trades − EUR/USD daily outlook by E−Forex
Currency Majors Technical Analysis by Mataf.net
Currencies at a Glance
- EUR/USD
- Continues to move up toward second resistant level 1.4271 . Fast and slow MA are still rising
10/18/2007 07:01 GMT - GBP/USD
- Moves up toward first resistant level 2.0452
10/18/2007 07:01 GMT - USD/CHF
- Continues to move down below second supprot level 1.1749
10/18/2007 07:01 GMT - USD/JPY
- Continues to trade below pivot level 116.68
10/18/2007 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
USD JPY, Hourly
GBP USD, Hourly
Top Market Movers Preview
UK RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Oct 18 | 08:30 | Retail Sales (MoM) | 0.1% | 0.6% |
Friday Notes - Banks tightening lending standards by HVB Group
After two consecutive months of strong growth, we expect retail sales to remain broadly flat in September compared to the previous month. This is in line with both the indications coming from the BRC retail sales and CBI distributive trade survey.
[ Full Story ]Top Market Movers Review
Switzerland TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 18 | 06:15 | Trade Balance | 1.79B | 1.80B | 0.59B |
Swiss trade surplus reaches 1.80 billion in September (FXstreet.com)
Swiss trade in goods and services with the rest of the world has reached a 1.80 billion surplus in September, all−time record, according to data by the Swiss customs office.
[ Full Story ]- Federation of the Swiss Watch Industry FH homepage
- Swiss Sept watch exports 1.3 bln sfr, up 16.3 pct yr−on−yr (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 17 | 18:00 | US | Fed's Beige Book | |||
| Oct 18 | 06:15 | CH | Trade Balance (Sep) | 1.79B | 1.80B | 0.59B |
| 08:30 | UK | M4 Money Supply (MoM) (Sep) | 0.9% | 1.2% | ||
| 08:30 | UK | M4 Money Supply (YoY) (Sep) | 12.5% | 13.5% | ||
| 08:30 | UK | Public Sector Net Borrowing (Sep) | £6.1B | £9.1B | ||
| 08:30 | UK | Retail Sales (MoM) (Sep) | 0.1% | 0.6% | ||
| 08:30 | UK | Retail Sales (YoY) (Sep) | 5.5% | 4.9% | ||
| 09:00 | EMU | Trade Balance s.a. (Aug) | €0.2 | -€0.6B | ||
| 09:00 | CH | ZEW Survey − Expectations | -26.7 | |||
| 12:30 | US | Initial Jobless Claims (Oct 13) | 312K | 308 | ||