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Raghee HornerRaghee Horner's Four Step Trading: Forex
Expert: Raghee Horner
Start: Thu, Jun 21, 13:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider/Premium/logo_36x13.gif
Type of Session: Webinar


Sunil MangwaniTrading the Andrew’s Pitchfork with advanced techniques
Expert: Sunil Mangwani
Start: Thu, Jun 21, 14:00 GMT
Sponsored by: http://mediaserver.fxstreet.com/images/provider//logo_36x13.gif
Type of Session: Webinar


Sponsored By:
Thu, Jun 21, 12:00 GMTUS Pre-Market Open Ed PonsiWBNSponsored by
Thu, Jun 21, 13:00 GMTRaghee Horner's Four Step Trading: Forex Raghee HornerWBNSponsored by Premium
Thu, Jun 21, 13:30 GMTTechnical Analysis Q&A Tony JusteWBNSponsored by
Thu, Jun 21, 14:00 GMTTrading the Andrew’s Pitchfork with advanced techniques Sunil MangwaniWBNSponsored by
Thu, Jun 21, 16:00 GMTTrading with Tim Billups Tim BillupsWBNSponsored by FXstreet.com
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Current Session: Europe - U.S.

GBP/USD

Forex Daily Analysis - 21/06/'07 - Unemployment Claims On Tap by ForexYard

On the daily charts, this pair may move up to test the 1.9950 in the upcoming days which is a significant resistance level, a breakout would take this pair to test the 1.9983 and may even reached the 2.0050, meanwhile on the 4 H chart the bears had started their way and they might take this pair to 1.9880 in case of breaching the 1.9916 support level. Preferable strategy today is going short from 1.9895.

[ Full Story ]

Other Topics for this Session:

Global FX Daily - U.S. Edition - GBP likely to outperform as market focuses on July rate hike by Mellon Foreign Exchange

Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg

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

Majors at a Glance

EUR/USD
Trades below first support level 1.3386
06/21/2007 10:53 GMT
GBP/USD
Moves down below pivot level 1.9915
06/21/2007 10:53 GMT
USD/CHF
Stays above first resistant level 1.2401
06/21/2007 10:53 GMT
USD/JPY
Stays above opening price level 123.56 , above pivot level 123.43
06/21/2007 10:53 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - GBP/USD


GBP

**Source : ActionForex.comCMS ForexDanske Bank A/SFinotec Group Inc.FXstreet.comGlobal Forex Trading Ltd. Mizuho Corporate Bank

[ View ASI page ] [ View GBP/USD page ]

Charting the Market Movers

EUR USD, Hourly


EUR/USD

USD JPY, Hourly


USD/JPY

Top Market Movers Preview

US LEADING INDICATORS

Date (GMT)EventCons.Previous
Jun 2114:00Leading Indicators (MoM)0.2%-0.5%

Friday Notes - Inflationary pressure building by HVB Group

The drop in jobless claims last month gave a strong boost to the index of leading economic indicators. We suspect building permits, the yield curve, and new orders also contributed positively.

[ Full Story ]

Top Market Movers Review

UK CBI INDUSTRIAL TRENDS SURVEY - TOTAL ORDERS

Date (GMT)EventActualCons.Previous
Jun 2110:00CBI Industrial Trends Survey - Total Orders8%6%5%

DATA SNAP: UK CBI June Indus Output +25 Vs May +18 -2- (Dow Jones)

The survey showed that orders were above usual levels for the year, with the order books balance rising to +8 in June from +5 in May. Export orders also picked up in June, to a balance of 0 from -8 in May.

[ Full Story ]

EMU PMI MANUFACTURING INDEX

Date (GMT)EventActualCons.Previous
Jun 2108:00Purchasing Manager Index Services58.357.257.3
Jun 2108:00PMI Manufacturing Index55.454.555.0

Euro zone June provisional services PMI 58.3 vs 57.3 in May - sources (AFX News)

The euro zone's services sector saw growth jump to a 12-month high during June, sources said of a key survey. The provisional or 'flash' estimate for the purchasing managers' index (PMI) on euro zone services rose to 58.3 in June from 57.3 in May.

[ Full Story ]

Weekly Analysis - Will The Dollar Change Direction Again? by Finotec Group Inc.

Economic Events

Date (GMT)CountryEventActualCons.Previous
Jun 2106:15CH Trade Balance (May) 1.26B1.50B0.63B
08:00EMUPMI Manufacturing Index (Jun) 55.454.555.0
08:00EMUPurchasing Manager Index Services (Jun) 58.357.257.3
10:00UK CBI Industrial Trends Survey - Total Orders 8%6%5%
12:30US Initial Jobless Claims (Jun 16) 310K311K
12:30CA Retail Sales (MoM) (Apr) 1.0%1.9%
12:30CA Retail Sales ex Autos (MoM) (Apr) 0.5%1.1%
14:00US Leading Indicators (MoM) (May) 0.2%-0.5%
16:00US Philadelphia Fed Manufacturing Survey (Jun) 7.04.2
Jun 2208:00DE IFO - Business Climate 108.4108.6
[ View All ]
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