Tuesday, Mar 25, 09:41 GMT
EUROPEAN Trading Newsletter
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Live Sessions Schedule
Technical Analysis Bootcamp: The indicators you need to know and how to interpret them
Expert: Dan Blystone
Start: Tue, Mar 25, 14:00 GMT
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Mar 25, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Mar 25, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Tue, Mar 25, 13:30 GMT | Forex with Ed Ponsi  | Ed Ponsi | WBN | |
| Tue, Mar 25, 14:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN | |
| Tue, Mar 25, 15:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
Current Session: Europe
GBP/USD
Short Term Analysis GBPUSD formed a short term cycle bottom at 1.9736 by ForexCycle.com
Being contained by the previous low support at 1.9720, GBPUSD formed a short term cycle bottom at 1.9736 level. The pair is in consolidation to the down trend. Deeper decline is still possible after consolidation, and a break of 1.9736 level will indicate that the consolidation has completed and then further fall to retest 1.9337 (Jan 22 low) could be seen.
- Main technical theme in the currency market by Jamie Saettele, Technical Currency Analyst FXCM
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Other Topics for this Session:
Support, Resistance & Range Forecast by AceTrader
Daily Recommended Trades EURUSD daily outlook by E−Forex
Daily Forex Technical Report − EUR/USD Rebounds, Correction Completed? by ActionForex.com
Currency Performance
Currency Performance Report − Asia Session Performance by FXstreet.com
FX Analysts' Comments
Weekly Fundamental Analysis by Wayne McDonell, FxBootcamp.com
FX' Signal
Today's Signal − Forex Trading by JCL Capital
Currencies at a Glance
- EUR/USD
- Moves up above second resistant level 1.5525
03/25/2008 07:57 GMT - GBP/USD
- Moves up above first resistant level 1.9916
03/25/2008 07:58 GMT - USD/CHF
- Moves down below first support level 1.0105
03/25/2008 07:58 GMT - USD/JPY
- Trades around pivot level 100.27
03/25/2008 07:59 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
US CONSUMER CONFIDENCE
| Date (GMT) | Event | Cons. | Previous | |
| Mar 25 | 14:00 | Consumer Confidence | 73.5 | 75.0 |
Weekly Forex Market Commentary - The Conference Board Consumer Confidence report for March is due on Tuesday by Global Forex Trading
The Conference Board's Leading Economic Indicators index fell 0.3 percent in February, fifth consecutive decline, following a 0.4 percent drop in January (originally reported as −0.1 percent). The last time the leading index fell for five consecutive months was in 2001.
[ Full Story ]Top Market Movers Review
US EXISTING HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 24 | 14:00 | Existing Home Sales | 5.03M | 4.85M | 4.89M |
| Mar 24 | 14:00 | Existing Home Sales (MoM) | 2.9% | -0.8% | -0.4% |
US Feb Existing Home Sales Up 2.9% To 5.03 Mln Rate (Dow Jones)
Existing−home sales climbed for the first time in seven months during February as buyers took advantage of sharply falling prices. Home resales rose to a 5.03 million annual rate, a 2.9% increase from January's unrevised 4.89 million annual pace, the National Association of Realtors said Monday. The last time sales increased was July.
[ Full Story ]- Read the Existing Home Sales report at NAR website
Friday Notes - The Sisyphean challenge of the Fed by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 25 | 12:30 | CA | Retail Sales (MoM) (Jan) | 1.4% | 0.6% | |
| 12:30 | CA | Retail Sales ex Autos (MoM) (Feb) | 0.5% | -0.4% | ||
| 14:00 | US | Consumer Confidence (Mar) | 73.5 | 75.0 | ||
| 14:00 | US | Richmond Fed Manufacturing Index (Mar) | -0.5 | -5.0 | ||
| 21:00 | US | ABC Consumer Confidence (Mar 23) | -31 | |||
| 23:50 | JP | Adjusted Merchandise Trade Balance (Feb) | ¥769.2B | ¥861.9B | ||
| 23:50 | JP | Corporate Service Price (YoY) (Feb) | 0.8% | 0.8% | ||
| 23:50 | JP | Merchandise Trade Balance Total (Feb) | ¥1155.4B | -¥794.3B | ||
| 23:50 | JP | Trade Balance − BOP Basis (Feb) | ¥85.8B | |||
| Mar 26 | 09:00 | EMU | Current Account n.s.a (Jan) | 1.9B | ||