Monday, Feb 25, 08:36 GMT
EUROPEAN Trading Newsletter
To Get Started
- Webinars VIDEOS: Longer-term Support and Resistance Trading: Setups and Rules by Rob Booker
- Currency Performance Report: Asia, Europe and US
- Check our Forex Brokers Information Table
- Trendex: Instant Trading Tips from FX Pros right to your desktop
- FXstreet.com offers all currencies of the world just log in and choose your favorite crosses.
- The Advisor Blog: At the Open.
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Live Sessions Schedule
What Moves Currencies? − Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Feb 25, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Feb 25, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Feb 25, 10:00 GMT | FX Instructor Live Trading Room  | Mihai Marinescu | WBN |  |
| Mon, Feb 25, 11:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN | |
| Mon, Feb 25, 12:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Feb 25, 13:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
Current Session: Europe
EUR/USD
Daily Market Commentary − The dollar took another hit on Friday by Global Forex Trading
Euro/dollar climbed up to a three−week high on Friday. It's been marching higher since February 8 and my model went long on February 14. But the pair is slightly overbought, so Monday should see some weakness. Initial resistance is at 1.4875.
- FX Instructor Live Trading Room by Mihai Marinescu, Instructor FX Instructor
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Forex Technical Report − Forex Technical Report EUR/USD by iFOREX.bg
Currencies at a Glance
- EUR/USD
- Trades below pivot level 1.4827
02/25/2008 08:04 GMT - GBP/USD
- Moves down below first support level 1.9616
02/25/2008 08:05 GMT - USD/CHF
- Trades above pivot level 1.0867
02/25/2008 08:05 GMT - USD/JPY
- Trades around opening price level 107.31 , above pivot level 107.15
02/25/2008 08:06 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 BBA MORTGAGE APPROVALS
| Date (GMT) | Event | Cons. | Previous | |
| Feb 25 | 09:30 | BBA Mortgage Approvals | - | 42.1K |
Daily Analysis - GBP recovers ground on the USD by Finotec Group Inc.
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "With the housing market taking center stage in UK, the number of mortgage approvals gives us an idea of the health status of that particular part of the economy. A low reading will rise a red flag and should be bearish for the GBP." − FXstreet.com
Top Market Movers Review
UK HOMETRACK HOUSING PRICES S.A
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 25 | 00:01 | Hometrack Housing Prices s.a | 1.4 | - | 2.3 |
UK house prices fall 0.2 pct in Feb from Jan, 5th consecutive fall − Hometrack (Thomson Financial News)
UK house prices fell for the fifth consecutive month in February, confirming the ongoing slowdown in the housing market, though there were signs of demand starting to pick up, according to a survey by a leading property website.
[ Full Story ]- Read the Housing Prices data at Hometrack
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 24 | 23:00 | EMU | ECB's Trichet Speech | |||
| Feb 25 | 00:01 | UK | Hometrack Housing Prices s.a (Feb) | 1.4 | 2.3 | |
| 09:30 | UK | BBA Mortgage Approvals (Jan) | 42.1K | |||
| 15:00 | US | Existing Home Sales (Jan) | 4.89M | |||
| 15:00 | US | Existing Home Sales (MoM) (Jan) | -2.2% | |||
| 23:50 | JP | Corporate Service Price (YoY) (Jan) | 1.4% | |||
| Feb 26 | 02:00 | NZ | RBNZ Inflation Expectations q/q (4Q) | 2.8 | 2.7 | |
| 07:00 | DE | Gross Domestic Product n.s.a (YoY) (4Q) | 2.4% | |||
| 07:00 | DE | Gross Domestic Product s.a (QoQ) (4Q) | 0.7% | |||
| 09:00 | DE | IFO − Business Climate | 103.4 | |||