Monday, Oct 22, 07:36 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
What Moves Currencies? − Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Oct 22, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Common FX−Hedging Techniques
Expert: Adam Rosen
Start: Mon, Oct 22, 12:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Oct 22, 10:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN | |
| Mon, Oct 22, 12:00 GMT | Common FX−Hedging Techniques  | Adam Rosen | WBN |  |
| Mon, Oct 22, 13:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN |  |
| Mon, Oct 22, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
Current Session: Europe
EUR/USD
Daily Recommended Trades − EUR/USD daily outlook by E−Forex
The Euro found support at 1.4250 on Friday and reversed, resuming the upward trend by re−testing 1.4300 which was broken and now being the first intra−day support. Support follows 1.4300 at 1.4280 and 1.4250. Resistance starts at 1.4330 followed by 1.4350. Daily sentiment is bullish and the hourly studies are positive too.
- GBP/USD at extremes 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:
Preview Strategies for − Preview Strategies for EUROPEAN SESSION 22/10/2007 by AKforex
Forex Technical Report − Forex Technical Report EUR/USD by iFOREX.bg
Currency Majors Technical Analysis by Mataf.net
Currencies at a Glance
- EUR/USD
- Moves up around first resistant level 1.4332
10/22/2007 06:59 GMT - GBP/USD
- Stays above pivot level 2.0483
10/22/2007 06:59 GMT - USD/CHF
- Moves down below first support level 1.1632
10/22/2007 07:00 GMT - USD/JPY
- Moves down below first support level 114.09
10/22/2007 07:00 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 NATIONWIDE HOUSING PRICES S.A
| Date (GMT) | Event | Cons. | Previous | |
| Oct 29 | 06:00 | Nationwide Housing Prices s.a (MoM) | - | 0.7% |
| Oct 29 | 06:00 | Nationwide Housing Prices n.s.a (YoY) | - | 9% |
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "With the last developments in the housing sector making it difficult to call for a bottom in the credit crisis, homeowners now rely on their own houses as a guarantee to cover mortgages. If the housing prices continue to fall, the possibility to liquidate mortgages will be more limited and thus could create a panicky situation for thousands of homeowners. The GBP will be very sensible to data, with wild swings expected." − FXstreet.com
Top Market Movers Review
Australia PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 22 | 01:30 | Producer Price Index (QoQ) | 1.1% | - | 1.0% |
Australian 3Q Final PPI Rises 1.1% Vs 2Q; 2.4% On Year (Dow Jones)
An index of final Australian producer prices rose 1.1% in the third quarter of 2007 from the second quarter and rose 2.4% from a year earlier, the Australian Bureau of Statistics said Monday.
[ Full Story ]- Read the Producer Price Index report at Australian Bureau of Statistics
- Australia's Q3 producer price index up 1.1 pct from Q2 vs consensus 1.0 pct rise (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 22 | 01:30 | AU | Producer Price Index (QoQ) | 1.1% | 1.0% | |
| Oct 23 | 06:45 | FR | Consumer Spending (MoM) | 1% | ||
| 09:00 | EMU | Industrial New Orders (YoY) | 10.9% | |||
| 09:00 | EMU | Industrial New Orders s.a. (MoM) | -4% | |||
| 12:30 | CA | Retail Sales (MoM) | -0.8% | |||
| 12:30 | CA | Retail Sales ex Autos (MoM) | -0.3% | |||
| 14:00 | US | Richmond Fed Manufacturing Index | 14 | |||
| 23:50 | JP | Adjusted Merchandise Trade Balance | ¥1144.909B | |||
| 23:50 | JP | Merchandise Trade Balance Total | ¥743.238B | |||
| Oct 24 | 01:30 | AU | Consumer Price Index (QoQ) | 0.1% | ||