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Friday, Nov 16, 08:47 GMT

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Live Sessions Schedule

Tony JusteWhat Moves Currencies? − Weekly Wrap−Up
Expert: Tony Juste
Start: Fri, Nov 16, 11:00 GMT
Sponsored by: FXstreet.com
Type of Session: Webinar


Adam RosenTrading away from the USD
Expert: Adam Rosen
Start: Fri, Nov 16, 12:00 GMT

Type of Session: Webinar


Sponsored by
Fri, Nov 16, 11:00 GMTWhat Moves Currencies? − Weekly Wrap−UpTony JusteWBNSponsored by FXstreet.com
Fri, Nov 16, 12:00 GMTTrading away from the USD Adam RosenWBNSponsored by
Fri, Nov 16, 13:00 GMTUS Pre−Market Open Ed PonsiWBNSponsored by
Fri, Nov 16, 14:30 GMTUS Session Open Ed PonsiWBNSponsored by
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Current Session: Europe

EUR/USD

Forex Technical Analysis − EUR/USD: (1.4620) Drop from 1.4753 retested broken inverted channel top off 1.4015 by KBC Bank

Drop from 1.4753 retested the broken inverted channel top off 1.4015 and reapproaching it again (see graph). 1st Support area at 1.4604/ .4596 (yesterday low/ see graph: broken channel top), with next levels at 1.4571/ .61 (daily Medium Term Moving Average↑/daily envelope bottom), ahead of 1.4521 (current reaction low off 1.4753 + see graph: neckline of a Short Term Double Top?).

[ Full Story ]

Other Topics for this Session:

Daily Forex Commentary − Jitteriness still dominates by Jyske Bank

Daily Recommended Trades − EUR/USD daily outlook by E−Forex

Market Session Recaps − Asia Session by FOREX.com

Currencies at a Glance

EUR/USD
Moves up above pivot level 1.4641
11/16/2007 08:09 GMT
GBP/USD
Moves up toward pivot level 2.0496
11/16/2007 08:10 GMT
USD/CHF
Moves down below first support level 1.1197
11/16/2007 08:10 GMT
USD/JPY
Back above first support level 109.78
11/16/2007 08:11 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - EUR/USD


EUR

**Source : ActionForex.comAspen Trading GroupCMS ForexDanske Bank A/SFXstreet.comGlobal Forex TradingMizuho Corporate Bank

[ View ASI page ] [ View EUR/USD page ]

Charting the Market Movers

USD JPY, Hourly


USD/JPY

GBP USD, Hourly


GBP/USD

Top Market Movers Preview

EMU TRADE BALANCE S.A.

Date (GMT)EventCons.Previous
Nov 1610:00Trade Balance s.a.-€4.3B

EMU economic indicators - EMU GDP gained momentum in Q3 by BHF−Bank

The EMU trade balance is likely to have improved in September, following its normal seasonal pattern.

[ Full Story ]

Top Market Movers Review

Japan BOJ MINUTES

Date (GMT)EventActualCons.Previous
Nov 1523:50BoJ Minutes---

Bank of Japan still aims to lift interest rates gradually, mid−Oct minutes say (Thomson Financial News)

The Bank of Japan's policy board reaffirmed at its Oct 10−11 meeting that it should raise interest rates gradually, in line with economic growth and the outlook for consumer prices, to prevent misallocation of resources, according to the minutes released Friday.

[ Full Story ]

Today's Top Momentum Movers - Dollar, Yen Struggle for Air by TheFXMarkets.com

Economic Events

Date (GMT)CountryEventActualCons.Previous
Nov 1605:00JP Coincident Index (Sep) 60.0%66.7%
05:00US Fed's Kroszner speaks on Economic Outlook 
05:00JP Leading Economic Index (Sep) 00
08:15CH Adjusted Real Retail Sales (YoY) (Sep) 7.1%4.2%3.8%
10:00EMUTrade Balance s.a. (Sep) €4.3B
14:00US Net Long−term TIC Flows (Sep) $80.0B-$69.3B
14:15US Capacity Utilization (Oct) 82.0%82.1%
14:15US Industrial Production (MoM) (Oct) 0.1%0.1%
15:00US Fed's Lockhart speaks on Southeast Economic Outlook 
Nov 1900:01UK Rightmove House Price Index (MoM) 2.7%
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