Monday, Jul 30, 11:01 GMT
U.S. Trading Newsletter
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Live Sessions Schedule
US Pre-Market Open
Expert: Ed Ponsi
Start: Mon, Jul 30, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Jul 30, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jul 30, 11:00 GMT | Weekly Webinar: 1st on Forex - The Week Ahead | Jerry Furst | WBN |  |
| Mon, Jul 30, 12:00 GMT | US Pre-Market Open  | Ed Ponsi | WBN | |
| Mon, Jul 30, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Jul 30, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Tue, Jul 31, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN |  |
Current Session: Europe - U.S.
EUR/USD
Forex Technical Report - Forex Technical Report EUR/USD by iFOREX.bg
In July the Euro currency reached the technical targets in the area 1.3521, after which it corrected. In action is the short term upwards channel, with bottom level 1.3310. Last week the Euro sharply cheapened and formed diversion, and "swallowed" the weekly charts, which is a signal for downward movement.
- 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
Weekly Analysis - Dollar Rebounds From Record Low Versus Euro on Risk Aversion by Finotec Group Inc.
Daily Analysis - Yen Erases Gain Against Euro, Dollar After Japan Stocks Rebound by Finotec Group Inc.
Majors at a Glance
- EUR/USD
- Continues to move up above pivot level 1.3671
07/30/2007 09:07 GMT - GBP/USD
- Moves up above opening price level 2.0233 , below pivot level 2.0320
07/30/2007 09:07 GMT - USD/CHF
- Moves down toward first support level 1.2027
07/30/2007 09:07 GMT - USD/JPY
- Continues to trade around pivot level 118.62
07/30/2007 09:07 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
Germany RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Jul 31 | 06:00 | Retail Sales (MoM) | -3.7% | -1.7% |
| Jul 31 | 06:00 | Retail Sales (YoY) | 1.3% | -1.8% |
Friday Notes - Oil prices – the primary trend is up by HVB Group
After the disappointing, strong decline in the previous month, retail sales should have recovered again in June. For the quarter as a whole, this will, therefore, also produce a solid increase of roughly 1% q-o-q in retail sales ex autos and petrol. Immediately after the VAT increase, they had plummeted 2.3% q-o-q
[ Full Story ]Top Market Movers Review
UK NET LENDING TO INDIVIDUALS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 30 | 08:30 | Net Lending to Individuals | £10.4B | £9.5B | £9.6B |
UK consumer lending improves in June (FXstreet.com)
Consumer lending has bounced back in the UK in June despite the Bank of England’s rate hike, according to the Bank’s latest monthly report. Consumer lending has risen to 10.4 billion pound in June from upwardly revised 9.6 billion in May, previously estimated as 9.5 billion.
[ Full Story ]- Bank of England homepage
- UK June net mortgage lending picks up, approvals hold steady - BoE (Thomson Financial News)
- UK June final M4 growth revised down to annual 12.9 pct vs 13.0 pct -BoE (Thomson Financial News)
- United Kingdom Jun Net Lending to Individuals rises to £10.4B from £9.6B in May (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 29 | 23:50 | JP | Industrial Production (MoM) (Jun)  | 1.2% | 0.9% | -0.3% |
| 23:50 | JP | Industrial Production (YoY) (Jun) | 1.0% | 1.0% | 3.8% | |
| Jul 30 | 01:30 | AU | National Australia Bank's Business Confidence (2Q) | 12 | 10 | |
| 08:30 | UK | Net Lending to Individuals | £10.4B | £9.5B | £9.6B |
|
| 23:30 | JP | Jobless Rate (Jun) | 3.8% | 3.8% | ||
| Jul 31 | 06:00 | DE | Retail Sales (MoM) (Jun) | -3.7% | -1.7% | |
| 06:00 | DE | Retail Sales (YoY) (Jun) | 1.3% | -1.8% | ||
| 07:55 | DE | Unemployment Change (Jul) | -30K | -37K | ||
| 07:55 | DE | Unemployment Rate s.a. (Jul) | 9.0% | 9.1% | ||
| 09:00 | EMU | Consumer Price Index (MoM) (Jul) | 0.2% | 0.2% | ||