Tuesday, Aug 28, 11:37 GMT
U.S. Trading Newsletter
To Get Started
- New NFA requirements - Francesc Riverola asks the opinion of top industry's CEO's
- Tony Juste is back! Check the Advisor Blog now.
- FXstreet.com 1st International Traders Conference - Come and meet our renowned Speakers
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Live Sessions Schedule
Technical Analysis Bootcamp: The indicators you need to know and how to interpret them
Expert: Dan Blystone
Start: Tue, Aug 28, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Aug 28, 15:00 GMT
Sponsored by:
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Aug 28, 14:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN | |
| Tue, Aug 28, 15:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
| Tue, Aug 28, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Aug 29, 10:00 GMT | What Moves Currencies? − JPY crosses watch | Tony Juste | WBN |  |
| Wed, Aug 29, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
Current Session: Europe − U.S.
USD/JPY
Daily Forex Technical Report − Euro Retreats Mildly ahead of German Ifo, FOMC Minutes Eyed by ActionForex.com
USD/JPY's retreat from 117.11 continues today is pressing 115.57 minor support again. As discussed before, break of 115.57 will indicate rebound from 111.59 has possibly completed, after failing to take out mentioned 117.15 support turned resistance, with 4 hours MACD dragged below signal line.
- Tony Juste is finally back! Read his last weblog posts
- 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:
Forex Technical Report − Forex Technical Report GBP/USD by iFOREX.bg
EUR/JPY Daily Technical Forex − EUR/JPY Daily Technical Forex by Stoploss.ch
Daily technical research by FX Instructor
Majors at a Glance
- EUR/USD
- Moves up around pivot level 1.3655
08/28/2007 11:01 GMT - GBP/USD
- Trades below second support level 2.0071
08/28/2007 11:01 GMT - USD/CHF
- Moves down toward last week low 1.1991
08/28/2007 11:01 GMT - USD/JPY
- Continues to trade around first support level 115.56
08/28/2007 11:01 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, 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 CONSUMER CONFIDENCE
| Date (GMT) | Event | Cons. | Previous | |
| Aug 28 | 14:00 | Consumer Confidence | 105.0 | 112.6 |
OUTLOOK Highlights of US economic indicators to be released in the coming week (Thomson Financial News)
The Conference Board's Consumer Confidence Index should show significant damage from the financial market panic. The median forecast is for a drop to 104.5 in August from 112.6 in July.
[ Full Story ]Top Market Movers Review
Germany IFO − BUSINESS CLIMATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 28 | 08:00 | IFO − Business Climate | 105.8 | 105.2 | 106.4 |
EMU economic indicators - German ifo business climate is expected to have deteriorated in August by BHF−Bank
Just like the German ZEW economic sentiment, the German ifo business climate index is expected to drop significantly in August, because the global consequences of the US subprime mortgage crisis are becoming evident.
[ Full Story ]- UPDATE: Key German Business−sentiment Poll Falls In August (Dow Jones)
- DATA SNAP: German Aug Ifo Business Climate Drops To 105.8 −3 (Dow Jones)
- DATA SNAP: German Aug Ifo Business Climate Drops To 105.8 −2 (Dow Jones)
EMU economic indicators - German ifo business climate is expected to have deteriorated in August by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 27 | 23:50 | JP | BoJ Minutes | |||
| Aug 28 | 08:00 | DE | IFO − Business Climate (Aug) | 105.8 | 105.2 | 106.4 |
| 14:00 | US | Consumer Confidence (Aug) | 105.0 | 112.6 | ||
| 14:00 | US | Richmond Fed Manufacturing Index (Aug) | 1 | 4 | ||
| 16:00 | DE | Consumer Price Index (MoM) (Aug)  | -0.1% | 0.4% | ||
| 16:00 | DE | Consumer Price Index (YoY) (Aug) | 1.9% | 1.9% | ||
| 18:00 | US | FOMC Minutes | ||||
| Aug 29 | 06:10 | DE | Gfk Consumer Confidence Survey (Sep) | 8.5 | 8.7 | |
| 09:30 | CH | KOF Swiss Leading Indicator (Aug) | 2.15 | 2.13 | ||
| 14:30 | US | EIA Crude Oil Stocks (Aug 24) | 1.9M | |||