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Technical Analysis Bootcamp: The indicators you need to know and how to interpret them
Expert: Dan Blystone
Start: Tue, Aug 14, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Aug 14, 15:00 GMT
Sponsored by:
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Aug 14, 11:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
| Tue, Aug 14, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN | |
| Tue, Aug 14, 13:30 GMT | Forex with Ed Ponsi | Ed Ponsi | WBN | |
| Tue, Aug 14, 14:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN | |
| Tue, Aug 14, 15:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
Current Session: Europe − U.S.
EUR/USD
Forex Daily Analysis − 14/08/'07 − Will the USD uptrend continue? by ForexYard
Daily and 4 H chart indicate an upcoming reversal when a bearish wedge structure is observed which seems to be out of energy however still has room to go . On the 4 H chart ,Slow Stochastic crossed at 10 which strengthens the fact that a reversal will occur today. We still seek the signs from the MACD that will determine timing for going long in this pair.
- Postcards from the Right Edge!: by Rob Booker
- The Signals Tracker: performance of signals providers
- Check out how pairs moved: Live Currency Rates & Charts
- 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:
Daily Forex Commentary − Investors tread lightly by Jyske Bank
Bank Recomendations − Redtower Research, Mizuho Corporate Bank by Finotec Group Inc
Daily Forex Technical Report − Sterling Hammed After CPI Fell Below BoE's Target by ActionForex.com
Majors at a Glance
- EUR/USD
- Trades around first support level 1.3575
08/14/2007 10:29 GMT - GBP/USD
- Moves down below second support level 1.9980
08/14/2007 10:29 GMT - USD/CHF
- Trades around first resistant level 1.2086
08/14/2007 10:29 GMT - USD/JPY
- Moves up above pivot level 118.16
08/14/2007 10:29 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/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 EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
US PRODUCER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Aug 14 | 12:30 | Producer Price Index ex Food & Energy (YoY) | 2.5% | 1.8% |
| Aug 14 | 12:30 | Producer Price Index (MoM) | 0.2% | -0.2% |
| Aug 14 | 12:30 | Producer Price Index (YoY) | 3.4% | 3.3% |
| Aug 14 | 12:30 | Producer Price Index ex Food & Energy (MoM) | 0.2% | 0.3% |
Friday Notes - Fear of a credit crunch intensifies by HVB Group
Producer prices have been extremely erratic this year. But there were signs of a leveling off of several commodities markets last month. That should have held down the headline rate of PPI inflation in July.
[ Full Story ]Top Market Movers Review
EMU GROSS DOMESTIC PRODUCT S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 14 | 09:00 | Gross Domestic Product s.a. (QoQ) | 0.3% | 0.5% | 0.7% |
| Aug 14 | 09:00 | Gross Domestic Product s.a. (YoY) | 2.5% | 2.8% | 3.1% |
Euro Zone's Economical growth slows down in the 2Q (FXstreet.com)
Economy has slowed notoriously in the countries sharing the euro, and it posted the weakest quarterly increase of the last two years, according to data by Eurostat. Gross Domestic Product in the countries of the Euro Zone has increased 0.3% on the quarter, sharply below the 0.7% increase posted in the first quarter.
[ Full Story ]- Read the Euro area GDP up by 0.3%, EU27 up by 0.5% report at Eurostat
- EU 2Q Gross Domestic Product s.a. increases 0.3% from 0.7% in 1Q (FXstreet.com)
- DATA SNAP: Euro−Zone Economy Slowed Sharply In 2Q (Dow Jones)
UK CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 14 | 08:30 | Consumer Price Index (MoM) | -0.6% | -0.2% | 0.2% |
| Aug 14 | 08:30 | Retail Price Index (YoY) | 3.8% | 4.3% | 4.4% |
| Aug 14 | 08:30 | Consumer Price Index (YoY) | 1.9% | 2.3% | 2.4% |
| Aug 14 | 08:30 | Retail Price Index (MoM) | -0.6% | -0.1% | 0.5% |
UK CPI grows slower in July on cheaper food and furniture (FXstreet.com)
Inflation is slowing down its growing pace in the United Kingdom, with the monthly CPI posting a decrease, and the yearly inflation growing below the 2.0% for the first time in fifteen months, according to data released by National Statistics.
[ Full Story ]- Read the Inflation report at National Statistics
- UK annual CPI inflation slumps to 1.9 pct in July UPDATE (Thomson Financial News)
- Forex − Pound falls under 2 usd as UK inflation dips below BoE target rate (Thomson Financial News)
- DATA SNAP: UK July CPI Below BOE Target Rate At 1.9% −3− (Dow Jones)
Germany GROSS DOMESTIC PRODUCT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 14 | 06:00 | Gross Domestic Product w.d.a (YoY) | 2.5% | - | 3.6% |
| Aug 14 | 06:00 | Gross Domestic Product (QoQ) | 0.3% | 0.4% | 0.5% |
German GDP grows below expectations on the 2Q (FXstreet.com)
Economic growth seems to have slowed down in Germany during the second quarter of 2007, compared with the first months of the year, as investment in construction decreased, as the latest report by the German Statistics Office shows. GDP has grown 0.3% from April to June 2007, a figure sharply below the unrevised 0.5% growth posted in the first months of the year.
[ Full Story ]- Read the First release of data on the economic performance in the 2nd quarter of 2007 at Destatis
- German Q2 preliminary GDP growth 0.3 pct vs 0.5 pct in Q1 UPDATE (Thomson Financial News)
- German Q2 preliminary GDP growth 0.3 pct vs 0.5 pct in Q1; consensus 0.5 pct (Thomson Financial News)
- DATA SNAP: German 2Q GDP +0.3% On Qtr; Below Forecasts −2 (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 14 | 08:30 | UK | Retail Price Index (YoY) (Jul) | 3.8% | 4.3% | 4.4% |
| 09:00 | EMU | Gross Domestic Product s.a. (QoQ) (2Q)  | 0.3% | 0.5% | 0.7% | |
| 09:00 | EMU | Gross Domestic Product s.a. (YoY) (2Q) | 2.5% | 2.8% | 3.1% | |
| 09:00 | EMU | Industrial Production s.a. (MoM) (Jun) | -0.1% | -0.1% | 0.9% | |
| 12:30 | US | Producer Price Index (MoM) (Jul) | 0.2% | -0.2% | ||
| 12:30 | US | Producer Price Index (YoY) (Jul) | 3.4% | 3.3% | ||
| 12:30 | US | Producer Price Index ex Food & Energy (MoM) (Jul) | 0.2% | 0.3% | ||
| 12:30 | US | Producer Price Index ex Food & Energy (YoY) (Jul) | 2.5% | 1.8% | ||
| 12:30 | US | Trade Balance (Jun) | -$61.00B | -$60.04B | ||
| Aug 15 | 00:30 | AU | Westpac Consumer Confidence (Aug) | -0.6% | ||