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Educational presentations of the ITC Speakers:

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Live Sessions Schedule

Tony JusteWhat Moves Currencies? − A Look at Carry Trade
Expert: Tony Juste
Start: Thu, Nov 29, 11:00 GMT
Sponsored by: FXstreet.com
Type of Session: Webinar


Jerry FurstWatch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Thu, Nov 29, 12:30 GMT
Sponsored by: Investors Education Network
Type of Session: Webinar


Sponsored by
Thu, Nov 29, 11:00 GMTWhat Moves Currencies? − A Look at Carry TradeTony JusteWBNSponsored by FXstreet.com
Thu, Nov 29, 12:30 GMTWatch Live Coverage of the US GDPJerry FurstWBNSponsored by Investors Education Network
Thu, Nov 29, 14:30 GMTWeekly Technical Briefing Dan BlystoneWBNSponsored by
Thu, Nov 29, 15:00 GMTTechnical Analysis Q&A Tony JusteWBNSponsored by
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Current Session: Europe

EUR/USD

Forex Technical Analysis − EUR/USD: (1.4824) Still above broken inverted channel top from 1.4015 by KBC Bank

1st Support area at 1.4771/ .63 (daily envelope bottom/ daily Medium Term Moving Average↑), with next levels at 1.4731 (daily projection band bottom), ahead of 1.4712/ .4698 (current reaction low off 1.4968/ daily Bollinger midline).
1.4650 = daily channel bottom off 1.3358: ideal area to stay above to keep current Medium Term upbias intact.

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Other Topics for this Session:

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

Daily Forex Technical Report − Yen Lower on Carry Trade, Central Bank Speaks in Focus by ActionForex.com

Forex Technical Report − Forex Technical Report EUR/USD by iFOREX.bg

Currencies at a Glance

EUR/USD
Trades around pivot level 1.4803
11/29/2007 08:02 GMT
GBP/USD
Moves down below pivot level 2.0745
11/29/2007 08:03 GMT
USD/CHF
Trades above pivot level 1.1114
11/29/2007 08:03 GMT
USD/JPY
Continues to trade around opening price level 110.00 , above pivot level 109.59
11/29/2007 08:04 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

UK CBI DISTRIBUTIVE TRADES SURVEY − REALIZED

Date (GMT)EventCons.Previous
Nov 2911:00CBI Distributive Trades Survey − Realized (MoM)-10

Daily Outlook - GBP/USD daily by Karoll

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Top Market Movers Review

Germany UNEMPLOYMENT RATE S.A.

Date (GMT)EventActualCons.Previous
Nov 2908:55Unemployment Rate s.a.8.6%8.7%8.7%

UPDATE: German Labor Minister Says Nov Jobless Reached 3.38M (Dow Jones)

German Labor Minister Olaf Scholz said the country's unemployment total fell to 3.38 million in November, the lowest level for any November since 1992.

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EMU economic indicators - CPI inflation in Germany is likely to have accelerated to 2.8 % yoy in November by BHF−Bank

UK NATIONWIDE HOUSING PRICES S.A

Date (GMT)EventActualCons.Previous
Nov 2907:00Nationwide Housing Prices s.a (MoM)-0.8%0.1%1.1%
Nov 2907:00Nationwide Housing Prices n.s.a (YoY)6.9%-9.7%

UK house prices fall 0.8 pct in November − Nationwide (Thomson Financial News)

The Nationwide building society said UK house prices fell during November, reversing the strong performance seen in October. In its monthly survey of the housing market, the Nationwide said house prices fell 0.8 pct in November, after posting a 1.1 pct increase last month.

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Weekly Market View - Prolonged Economic Slowing by FXstreet.com

Economic Events

Date (GMT)CountryEventActualCons.Previous
Nov 2904:00JP Vehicle Production (YoY) (Oct) 9.1%1.2%
07:00UK Nationwide Housing Prices n.s.a (YoY) (Nov) 6.9%9.7%
07:00UK Nationwide Housing Prices s.a (MoM) (Nov) -0.8%0.1%1.1%
08:55DE Unemployment Rate s.a. (Oct) 8.6%8.7%8.7%
09:30UK Mortgage Approvals 96K102K
09:30UK Net Lending to Individuals (Oct) £10.0£11.2B
11:00UK CBI Distributive Trades Survey − Realized (MoM) (Nov) 10
13:30US Continuing Jobless Claims (Nov 17) 2575K2566K
13:30US Gross Domestic Product Annualized (3Q) 4.9%3.8%
13:30US Initial Jobless Claims (Nov 24) 330K330K
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