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Live Look at Today’s Markets
Expert: Derek Frey
Start: Wed, Jul 25, 18:00 GMT
Sponsored by: 
Type of Session: Webinar
How to Get Started Trading Forex
Expert: Steve Primo
Start: Thu, Jul 26, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Jul 25, 18:00 GMT | Live Look at Today’s Markets  | Derek Frey | WBN | |
| Thu, Jul 26, 11:00 GMT | Using FX Options to Control Risk and Make Profits | John Jagerson | WBN | |
| Thu, Jul 26, 13:00 GMT | Raghee Horner's Four Step Trading: Forex | Raghee Horner | WBN |  |
| Thu, Jul 26, 15:00 GMT | How to Get Started Trading Forex | Steve Primo | WBN | |
| Thu, Jul 26, 16:00 GMT | Trading with Tim Billups | Tim Billups | WBN |  |
Current Session: Europe - U.S.
EUR/USD
Daily Forex Technical Report - Dollar Rebounds ahead of Existing Home Sales by ActionForex.com
EUR/USD's break of 1.3792 minor support suggests that a short term top is likely in place, with bearish divergence condition in 4 hours MACD and RSI, and after failing to sustain above 1.3822 projection target. Intraday bias is flipped to the downside and further decline should be seen towards support zone of 1.3567 to 1.3658, with 38.2% retracement of 1.3262 to 1.3851 at 1.3626.
- Postcards from the Right Edge!: New technical analysis blog by Rob Booker
- The Signals Tracker: track down the performance of a particular signals provider
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
Other Topics for this Session:
EUR/JPY Daily Technical Forex - EUR/JPY Daily Technical Forex by Stoploss.ch
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
USD/JPY Daily Technical Forex - USD/JPY Daily Technical Forex by Stoploss.ch
Majors at a Glance
- EUR/USD
- Drops below third support level 1.3742
07/25/2007 09:31 GMT - GBP/USD
- Drops below third support level 2.0526
07/25/2007 09:32 GMT - USD/CHF
- Moves up toward third resistant level 1.2131
07/25/2007 09:32 GMT - USD/JPY
- Continues to trade around opening price level 120.24 , below pivot level 120.47
07/25/2007 09:33 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - GBP/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, Finotec Group Inc., FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank
[ View ASI page ] [ View GBP/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
US EXISTING HOME SALES
| Date (GMT) | Event | Cons. | Previous | |
| Jul 25 | 14:00 | Existing Home Sales | 5.88M | 5.99M |
US economic indicators - New and existing home sales are likely to deteriorate further by BHF-Bank
The number of existing home sales had remained more or less unchanged in May. The outlook for the future is mixed: on the one hand, mortgage applications for house purchases have risen quite significantly over the past few months.
[ Full Story ]- Ahead of the Bell: Existing Home Sales (Thomson Financial News)
- Tony Juste, FX Advisor at FXstreet.com: "The housing market in the US is being monitored very closely these days after the collapse of the sub-prime market, and the impact in big hedge funds that had invested in that market. Therefore, any reading below consensus could hurt the USD as the market would turn on the fears of a yet another downleg in the housing sector." - FXstreet.com
Top Market Movers Review
Australia CPI - MARKET PRICES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 25 | 01:30 | CPI - Market Prices (YoY) | 2.1% | 1.9% | 2.4% |
| Jul 25 | 01:30 | CPI - Market Prices (QoQ) | 1.2% | 1.0% | 0.1% |
Asia Market Update - Asian Market Update: Aussie CPI Better than Expected by Trade The News
Australia's Q2 headline CPI came in better than expected ((AU) Q2 CPI QOQ: 1.2% V 1.0%E; YOY: 2.1% V 1.9%E), while the RBA's trimmed mean also came in better than expected (Q2 RBA Trimmed Mean QoQ: 0.9% v 0.7%e; YoY: 2.7% v 2.5%e).
[ Full Story ]- Read the Consumer Price Index report at Australian Bureau of Statistics
- Australian dollar rises after Q2 inflation higher than expected (Thomson Financial News)
- Australian CPI rises 1.2 pct sequentially in Q2, faster than expected - UPDATE (Thomson Financial News)
- Reserve Bank of Australia's Q2 inflation measure accelerates, but within target (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 24 | 23:50 | JP | Adjusted Merchandise Trade Balance (Jun) | ¥823.77B | ¥846.00B | ¥801.59B |
| 23:50 | JP | Merchandise Trade Balance Total (Jun) | 1227.00 | 955.00B | 799.74B | |
| Jul 25 | 01:30 | AU | CPI - Market Prices (QoQ) (2Q) | 1.2% | 1.0% | 0.1% |
| 01:30 | AU | CPI - Market Prices (YoY) (2Q) | 2.1% | 1.9% | 2.4% | |
| 14:00 | US | Existing Home Sales (Jun) | 5.88M | 5.99M | ||
| 14:30 | US | EIA Crude Oil Stocks (Jul 20) | -0.5M | |||
| 18:00 | US | Fed's Beige Book | ||||
| 21:00 | NZ | RBNZ Interest Rate Decision (Jul 26) | 8.25% | 8.00% | ||
| Jul 26 | 06:00 | UK | Nationwide Housing Prices n.s.a (YoY) (Jul) | 10.6% | 11.1% | |
| 06:00 | UK | Nationwide Housing Prices s.a (MoM) (Jul) | 0.5% | 1.1% | ||