Monday, Oct 29, 10:05 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Oct 29, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
FX Instructor Live Trading Room
Expert: Nader Moustafa
Start: Mon, Oct 29, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Oct 29, 10:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN |  |
| Mon, Oct 29, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Oct 29, 13:00 GMT | FX Instructor Live Trading Room  | Nader Moustafa | WBN | |
| Mon, Oct 29, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
Current Session: Europe
GBP/USD
Daily Forex Technical Report − The Trend Continues, EUR/USD Took out 1.44 by ActionForex.com
Cable's rise from 2.0257 continues today and reaches as high as 2.0578 so far. At this point, intraday bias remains on the upside as long as 2.0480 support holds. Next upside target is 100% projection of 1.9652 to 2.0365 from 1.9879 at 2.0592. Break will encourage a retest of 2.0652 high.
- Read the latest technical comments on majors' crosses 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 29/10/2007 by AKforex
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
- Continues to trade around first resistant level 1.4419
10/29/2007 09:09 GMT - GBP/USD
- Moves up above first resistant level 2.0568
10/29/2007 09:09 GMT - USD/CHF
- Stays around opening price level 1.1621 , below pivot level 1.1640
10/29/2007 09:09 GMT - USD/JPY
- Moves up above pivot level 114.22
10/29/2007 09:09 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
Germany UNEMPLOYMENT RATE S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Oct 30 | 08:55 | Unemployment Rate s.a. | - | 8.8% |
Friday Notes - Fed: The first cut was the deepest by HVB Group
The usual seasonal recovery in autumn probably triggered a further tangible decline in not−adjusted unemployment in October. Still clearly expansionary corporate hiring plans point to the 19th consecutive decline in the adjusted number.
[ Full Story ]Top Market Movers Review
UK NET LENDING TO INDIVIDUALS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 29 | 09:30 | Net Lending to Individuals | £11.2B | - | £9.6B |
UK consumer lending increases larger than expected in September (FXstreet.com)
Consumer lending has increased by 11.2 billion pounds in September compared to the 9.6 billion pounds in August , according to the latest report by the Bank of England.
[ Full Story ]- Read the Net Lending data at Bank of England
- United Kingdom Sep Net Lending to Individuals up to £11.2B vs £9.5B in Aug (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 29 | 09:30 | UK | M4 Money Supply (MoM) (Sep) | 1.0% | 1.3% | |
| 09:30 | UK | M4 Money Supply (YoY) (Sep) | 12.8% | 13.5% | ||
| 09:30 | UK | Mortgage Approvals (Sep) | 102K | 102K | 108K |
|
| 09:30 | UK | Net Lending to Individuals (Sep) | £11.2B | £9.6B |
||
| 23:30 | JP | Overall Household Spending (YoY) | 1.6% | |||
| 23:30 | JP | Unemployment Rate | 3.6% | |||
| Oct 30 | 08:55 | DE | Unemployment Rate s.a. | 8.8% | ||
| 11:00 | UK | CBI Distributive Trades Survey − Realized (MoM) | 12 | |||
| 14:00 | US | Consumer Confidence | 99.8 | |||
| 23:30 | JP | PMI Manufacturing Index | 49.8 | |||