Wednesday, Aug 29, 11:43 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
US Session Open
Expert: Ed Ponsi
Start: Wed, Aug 29, 13:30 GMT
Sponsored by: 
Type of Session: Webinar
Active vs. Passive Carry−Trade Management
Expert: S. Wade Hansen
Start: Wed, Aug 29, 14:00 GMT
Sponsored by:
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Aug 29, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN | |
| Wed, Aug 29, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Wed, Aug 29, 14:00 GMT | Active vs. Passive Carry−Trade Management | S. Wade Hansen | WBN | |
| Wed, Aug 29, 18:00 GMT | Live Look at Today's Markets | Derek Frey | WBN |  |
Current Session: Europe − U.S.
GBP/USD
Forex Technical Report − Forex Technical Report GBP/USD by iFOREX.bg
Support is the broken top 1.9928, followed by the bottoms 1.9743 and 1.9653. In upward direction resistance is 2.0197, after which comes the top from 9 August 2.0392. Break at the last level leads to test of the 26 year top at 2.0645.
- 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 Analysis by KBC Bank
EUR/JPY Daily Technical Forex − EUR/JPY Daily Technical Forex by Stoploss.ch
Daily Technical Analysis − EUR: Consolidating inside the Ichimoku ‘cloud' by Mizuho Corporate Bank
Majors at a Glance
- EUR/USD
- Back around opening price level 1.3601 , below pivot level 1.3628
08/29/2007 10:38 GMT - GBP/USD
- Moves up above first resistant level 2.0106
08/29/2007 10:39 GMT - USD/CHF
- Trades below first resistant level 1.2042
08/29/2007 10:40 GMT - USD/JPY
- Moves up above pivot level 114.77
08/29/2007 10:42 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
Japan RETAIL TRADE S.A
| Date (GMT) | Event | Cons. | Previous | |
| Aug 29 | 23:50 | Large Retailer's Sales | -2.5% | 0.9% |
| Aug 29 | 23:50 | Retail Trade s.a (MoM) | -1.1% | -0.8% |
| Aug 29 | 23:50 | Retail Trade (YoY) | -0.9% | -0.4% |
Yen gains by KBC Bank
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "How is the carry unwinding affecting the Japanese spending? It will be interesting to see if there is a decline in sales as some people have gone bankrupt these days, the impact on the economy in the short/mid term should be felt." − FXstreet.com
Top Market Movers Review
Switzerland KOF SWISS LEADING INDICATOR
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 29 | 09:30 | KOF Swiss Leading Indicator | 2.06 | 2.15 | 2.09 |
Forex Technical Report - Forex Technical Report USD/CHF by iFOREX.bg
[ Full Story ]- Swiss August KOF economic barometer falls to 2.06 points from 2.09 in July (Thomson Financial News)
- Darrel Jobman, formerly editor−in−chief of Futures Magazine: "The KOF index will be watched closely on Wednesday and any figure near or above the July level of 2.13 would maintain confidence in the economy." − TradingEducation.com
Forex Technical Report - Forex Technical Report USD/CHF by iFOREX.bg
Germany GFK CONSUMER CONFIDENCE SURVEY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 29 | 06:10 | Gfk Consumer Confidence Survey | 7.6 | 8.5 | 8.5 |
Friday Notes - Fed to smooth the adjustment by HVB Group
Consumer sentiment has recovered strongly since the VAT increase. The key factor here is the ongoing, strong upswing on the labor market.
[ Full Story ]- Germany's GfK sees Sept consumer climate index at 7.6 vs 8.5 in Aug (Thomson Financial News)
- German Gfk Consumer sentiment drops in September (FXstreet.com)
- Germany Gfk Consumer Confidence Survey down to 7.6 in Sep from a revised 8.5 (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 29 | 06:10 | DE | Gfk Consumer Confidence Survey (Sep) | 7.6 | 8.5 | 8.5 |
| 09:30 | CH | KOF Swiss Leading Indicator (Aug) | 2.06 | 2.15 | 2.09 |
|
| 14:30 | US | EIA Crude Oil Stocks (Aug 24) | 1.9M | |||
| 23:50 | JP | Large Retailer's Sales (Jul) | -2.5% | 0.9% | ||
| 23:50 | JP | Retail Trade (YoY) (Jul) | -0.9% | -0.4% | ||
| 23:50 | JP | Retail Trade s.a (MoM) (Jul) | -1.1% | -0.8% | ||
| Aug 30 | 03:00 | NZ | Business Confidence (Aug) | -39 | ||
| 06:00 | UK | Nationwide Housing Prices n.s.a (YoY) (Aug) | 9.7% | 9.9% | ||
| 06:00 | UK | Nationwide Housing Prices s.a (MoM) (Aug) | 0.5% | 0.1% | ||
| 07:55 | DE | Unemployment Change (Aug) | -30K | -45K | ||