Monday, Aug 20, 11:49 GMT
U.S. Trading Newsletter
To Get Started
- MG Financial Response to Francesc Riverola's "Open letter to FXstreet's clients affected by NFA capital requirement changes"
- Tony Juste is back! Check the Advisor Blog now.
- FXstreet.com 1st International Traders Conference - Come and meet our renowned Speakers
- Special Webinar: How to Capitalize on the Credit Crunch Crisis with Currencies
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Live Sessions Schedule
FX Instructor Live Trading Room
Expert: Sunil Mangwani
Start: Mon, Aug 20, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Aug 20, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Aug 20, 13:00 GMT | FX Instructor Live Trading Room  | Sunil Mangwani | WBN | |
| Mon, Aug 20, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, Aug 20, 16:00 GMT | Trading with Tim Billups | Tim Billups | WBN |  |
| Mon, Aug 20, 18:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Tue, Aug 21, 08:00 GMT | London Open: Live Market Analysis with FX Bootcamp | Wayne McDonell | WBN |  |
Current Session: Europe − U.S.
GBP/USD
Forex Technical Report GBP/USD by iFOREX.bg
Support is 1.9795, which is 50.2% correction of the climb on Friday 1.9655 − 1.9932. Next support downwards is at the bottom from 8 June at 1.9622. Upwards resistance is the psychological level of 2 US Dollars for 1 pound, where the 100 day middle term crawling line is crossing. After that comes the top from 9 August 2.0387.
- Raghee Horner explains how to set up the Wave on your charts
- 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:
EUR: Any rebound could start to fizzle out by FXstreet.com
EUR/JPY Daily Technical Forex by Stoploss.ch
Majors at a Glance
- EUR/USD
- Stays above opening price level 1.3481 , above pivot level 1.3464
08/20/2007 10:44 GMT - GBP/USD
- Continues to move up toward first resistant level 1.9946
08/20/2007 10:44 GMT - USD/CHF
- Continues to trade below pivot level 1.2084
08/20/2007 10:44 GMT - USD/JPY
- Continues to move up toward first resistant level 115.65
08/20/2007 10:44 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
USD JPY, Hourly
Top Market Movers Preview
US LEADING INDICATORS
| Date (GMT) | Event | Cons. | Previous | |
| Aug 20 | 14:00 | Leading Indicators (MoM) | 0.3% | -0.3% |
US economic indicators - Leading indicators are likely to have temporarily rebounded in July by BHF−Bank
Leading indicators fell by 0.3% mom in June, the fourth decline within six months. However, leading indicators are likely to have temporarily rebounded in July, by 0.5% mom.
[ Full Story ]Top Market Movers Review
UK PUBLIC SECTOR NET BORROWING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 20 | 08:30 | M4 Money Supply (MoM) | 1.0% | 0.7% | 0.7% |
| Aug 20 | 08:30 | Public Sector Net Borrowing | -£6.5B | £5.5B | £7.4B |
DATA SNAP: UK Govt PSNB Swings Into Expected Surplus In July (Dow Jones)
U.K. Government borrowing swung into an expected surplus in July, due to a significant rise in tax receipts from home sales, share transactions and individuals' incomes.
[ Full Story ]- Read the Public Sector data at National Statistics
- UK: Public Sector Net Borrowing posts surplus higher than expected (FXstreet.com)
- UK July PSNB: Table Of Data (Dow Jones)
- DATA SNAP: UK Govt PSNB Sees Expected Surplus In July −2− (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 20 | 07:15 | CH | Producer and Import Prices (MoM) (Jul) | 0.1% | 0.3% | 0% |
| 07:15 | CH | Producer and Import Prices (YoY) (Jul) | 2.8% | 3.0% | 2.8% | |
| 08:30 | UK | M4 Money Supply (MoM) | 1.0% | 0.7% | 0.7% | |
| 08:30 | UK | Public Sector Net Borrowing | £-6.5B | £5.5B | £7.4B | |
| 14:00 | US | Leading Indicators (MoM) (Jul) | 0.3% | -0.3% | ||
| Aug 21 | 09:00 | EMU | Trade Balance s.a. | €1.7B | ||
| 09:00 | DE | ZEW Survey − Economic Sentiment | 10.4 | |||
| 11:00 | CA | Bank of Canada Consumer Price Index Core (MoM) | 0% | |||
| 11:00 | CA | Consumer Price Index (MoM) | -0.2% | |||
| 12:30 | CA | Retail Sales (MoM) | 2.8% | |||