Thursday, Jul 26, 11:44 GMT
U.S. Trading Newsletter
To Get Started
- Website Renewed! All the Forex Market news and research also in Spanish
- FXstreet.com International Traders Conference: Come to Barcelona! Enjoy the Special Early Bird Discount
- Check out the NEW Flash Charts on the Rates & Charts Section
- Have a look at Postcards from the Right Edge! The new blog by Rob Booker
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Live Sessions Schedule
Raghee Horner's Four Step Trading: Forex
Expert: Raghee Horner
Start: Thu, Jul 26, 13:00 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 | ||||
| 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 |  |
| Thu, Jul 26, 18:00 GMT | Live Look at Today’s Markets | Derek Frey | WBN |  |
| Fri, Jul 27, 11:30 GMT | SPECIAL EVENT: Live Coverage and trading of the GDP report | Jerry Furst | WBN |  |
Current Session: Europe - U.S.
GBP/USD
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
With the deepening of the The Sterling drop against the US Dollar, supports are 2.0412, 2.0250 и 2.0141, which are 23.2%, 37.8% and 50.3% accordingly a correction of the climb 1.9622-2.0658. If a new rally starts, resistance is 2.0588, which is 61.8% correction of the drop 2.0652 - 2.0487.
- 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:
SignalZone trading recommendations - Preview - New Home Sales Likely to Continue Decline by FX Money Trends
EUR/JPY Daily Technical Forex - EUR/JPY Daily Technical Forex by Stoploss.ch
Daily Forex Technical Report - Focus on New Homes by ActionForex.com
Majors at a Glance
- EUR/USD
- Back around opening price level 1.3722 , below pivot level 1.3750
07/26/2007 10:02 GMT - GBP/USD
- Continues to move down below first support level 2.0471
07/26/2007 10:02 GMT - USD/CHF
- Moves down toward pivot level 1.2105
07/26/2007 10:02 GMT - USD/JPY
- Trades around pivot level 120.32 with narrow daily range
07/26/2007 10:02 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 DURABLE GOODS ORDERS
| Date (GMT) | Event | Cons. | Previous | |
| Jul 26 | 12:30 | Durable Goods Orders ex Transportation | 0.5% | -0.4% |
| Jul 26 | 12:30 | Durable Goods Orders | 1.8% | -2.4% |
Friday Notes - Global inflation: Genie out of the bottle? by HVB Group
Commercial aircraft orders are notoriously erratic from month to month. But lately there have also been unusually wide swings in several other industries, notably construction equipment, and housing-related products.
[ Full Story ]Top Market Movers Review
Germany IFO - BUSINESS CLIMATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 26 | 08:00 | IFO - Business Climate | 106.4 | 106.5 | 107.0 |
European Market Update - German IFO Levels Decline in July by Trade The News
Following the release of the IFO data, the IFO’s Nerb said that the German economy is recovering as expected, noting that there is no need for the ECB to raise rates further at the moment. Nerb said that he sees no inflationary pressures building up, and noted that a Euro level above $1.40 would pose problems.
[ Full Story ]- Read the Ifo Business Climate Germany
- Forex - Euro ekes out gains after money supply, Ifo come in near expectations (Thomson Financial News)
- DATA SNAP: German July Ifo Business Climate Drops To 106.4-2 (Dow Jones)
- German July Ifo business climate index falls to 106.4 from 107.0 in June UPDATE (Thomson Financial News)
EMU economic indicators - The German ifo business climate will probably remain unchanged at best in July by BHF-Bank
EMU M3
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 26 | 08:00 | M3 (YoY) | 10.9% | 10.7% | 10.6% |
DATA SNAP: Euro-Zone June M3 +10.9% On Year (Dow Jones)
Money supply growth in the euro zone picked up in June, amid a continued increase in private-sector loans, the European Central Bank said Thursday. Broad money supply, or M3, rose 10.9%on the year in June, compared with a revised 10.6% increase in May.
[ Full Story ]- ECB homepage
- DATA SNAP: Euro-Zone June M3 +10.9% On Year (Dow Jones)
- EU Jun M3 increases by 10.9% y-o-y from 10.6% in May (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 26 | 06:00 | UK | Nationwide Housing Prices n.s.a (YoY) (Jul) | 9.9 | 10.6 | 11.1 |
| 06:00 | UK | Nationwide Housing Prices s.a (MoM) (Jul) | 0.1% | 0.5% | 1.1% | |
| 08:00 | EMU | M3 (YoY) (Jun) | 10.9% | 10.7% | 10.6% |
|
| 08:00 | DE | IFO - Business Climate (Jul) | 106.4 | 106.5 | 107.0 | |
| 12:30 | US | Durable Goods Orders (Jun) | 1.8% | -2.4% | ||
| 12:30 | US | Durable Goods Orders ex Transportation (Jun) | 0.5% | -0.4% | ||
| 12:30 | US | Initial Jobless Claims (Jul 21) | 310K | 301K | ||
| 14:00 | US | New Home Sales (Jun) | 900K | 915K | ||
| 14:00 | US | New Home Sales (MoM) (Jun) | -1.6% | -1.6% | ||
| 22:45 | NZ | Trade Balance (Jun) | 0.009B | |||