Friday, Aug 03, 10:59 GMT
U.S. Trading Newsletter
To Get Started
- SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 15th Edition with Wayne McDonell
- Website Renewed! All the Forex Market news and research also in Spanish
- Have a look at Postcards from the Right Edge! The new blog by Rob Booker
- ECB and BoE meeting Review by FXstreet.com
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Live Sessions Schedule
SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 15th Edition
Expert: Wayne McDonell
Start: Fri, Aug 3, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
FX Instructor Live Trading Room
Expert: Sunil Mangwani
Start: Mon, Aug 6, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Aug 3, 12:00 GMT | SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 15th Edition | Wayne McDonell | WBN | |
| Mon, Aug 6, 13:00 GMT | FX Instructor Live Trading Room  | Sunil Mangwani | WBN | |
| Tue, Aug 7, 11:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN | |
| Tue, Aug 7, 14:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN |  |
| Tue, Aug 7, 16:00 GMT | Becoming a Professional Trader (Part 2): Developing a Profitable Trading System in Six Steps | Markus Heitkoetter | WBN | |
Current Session: Europe - U.S.
EUR/USD
Forex Technical Report - Forex Technical Report EUR/USD by iFOREX.bg
EUR/USD Open 1.3673 High 1.3708 Low 1.3647 Close 1.3698.
First resistance 1.3727, where is the 50.2% correction of the drop 1.3852 - 1.3608, and this week the quote under question limits the upeard movement. If the top 1.3852 is broken, on target comes the psychological level at 1.3989.
- 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:
Foreing Exchange - The US payrolls release today by Avantage Financial GMBH
FXA Technical Commentary - Nasdaq, no major top...yet...... by FXA
Daily Forex Technical Report - All Eyes on Non-Farm Payroll for the Catalyst for Breakout by ActionForex.com
Majors at a Glance
- EUR/USD
- Moves down toward pivot level 1.3686
08/03/2007 10:26 GMT - GBP/USD
- Continues to trade above pivot level 2.0343 with narrow daily range
08/03/2007 10:26 GMT - USD/CHF
- Back around pivot level 1.2050 after hit 1.2070
08/03/2007 10:26 GMT - USD/JPY
- Stays above pivot level 118.97
08/03/2007 10:26 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 NONFARM PAYROLLS
| Date (GMT) | Event | Cons. | Previous | |
| Aug 3 | 12:30 | Nonfarm Payrolls | 135K | 132K |
Daily Market Overview - Payrolls by Trader College
This report that measures employment levels, is consider the most important of American economy, because as the job sector expand, people will keep spending, and as long as they spend, the US economy will be ok.
[ Full Story ]- SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 15th Edition by Wayne McDonell
- Ahead of the Bell: Unemployment (Thomson Financial News)
- Forex - Dollar flat in Asia midsession, range trading ahead of US payrolls data (Thomson Financial News)
Daily Forex Strategy Briefing - Dollar in Mixed Trading, Awaiting Job Reports by CMS Forex
Daily Fx Strategy - Will the US Employment Shoe Drop? by CMC Markets NY
Top Market Movers Review
UK PURCHASING MANAGER INDEX SERVICES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 3 | 08:30 | Purchasing Manager Index Services | 57.0 | 57.4 | 57.7 |
UK services PMI eases in July (FXstreet.com)
Services sector’s activity has slowed down its expanding pace in July compared to June, according to the latest Services PMI report. In July, services PMI has decreased to a level of 57.0 points.
[ Full Story ]- NTC Research homepage
- UK CIPS July services PMI falls to 57.0 from 57.7 in June - sources UPDATE (Thomson Financial News)
- UK CIPS July services PMI falls to 57.0 from 57.7 in June - sources (Thomson Financial News)
- UK July Services PMI 57.0 Vs 57.7 In June- Sources (Dow Jones)
EMU PURCHASING MANAGER INDEX SERVICES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 3 | 08:00 | Purchasing Manager Index Services | 58.3 | 58.1 | 58.3 |
European Market Update - Euro-Zone PMI rose against the prior readin by Trade The News
July services PMI figures were released in Europe overnight. The readings declined by less than expected, and, rose against the prior reading in the case of Italy and the Euro-Zone.
[ Full Story ]- NTC Research homepage
- UPDATE: Euro-Zone July Services PMI 58.3 Vs 58.3 In June (Dow Jones)
- Forex - Euro boosted by strong PMI but off earlier highs (Thomson Financial News)
- Euro zone final July services PMI revised up to 58.3 from 58.1 - sources (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 3 | 08:00 | EMU | Purchasing Manager Index Services (Jul) | 58.3 | 58.1 | 58.3 |
| 08:30 | UK | Purchasing Manager Index Services (Jul) | 57.0 | 57.4 | 57.7 | |
| 09:00 | EMU | Retail Sales (MoM) (Jun) | 0.4% | 0.8% | -0.7% |
|
| 09:00 | EMU | Retail Sales (YoY) (Jun) | 0.9% | 1.4% | 0.1% |
|
| 12:30 | US | Average Hourly Earnings (MoM) (Jul) | 0.3% | 0.3% | ||
| 12:30 | US | Average Hourly Earnings (YoY) (Jul) | 3.9% | |||
| 12:30 | US | Average Weekly Hours (Jul) | 33.9 | 33.9 | ||
| 12:30 | US | Nonfarm Payrolls (Jul) | 135K | 132K | ||
| 12:30 | US | Unemployment Rate (Jul) | 4.5% | 4.5% | ||
| 14:00 | US | ISM Non-Manufacturing (Jul) | 59.5 | 60.7 | ||