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Live Sessions Schedule
Level of Sentiment in the FX Market
Expert: Antonio Sousa
Start: Wed, Sep 12, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
Practical Trade with MA and Trend Lines
Expert: Valeria Bednarik
Start: Wed, Sep 12, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
− Using Moving Averages and Trend Lines
− Different Time frames
− Especific majors reactions to each one
| Sponsored by | ||||
| Wed, Sep 12, 11:00 GMT | FX Instructor Live Trading Room  | Sunil Mangwani | WBN |  |
| Wed, Sep 12, 13:00 GMT | Level of Sentiment in the FX Market | Antonio Sousa | WBN | |
| Wed, Sep 12, 14:00 GMT | Practical Trade with MA and Trend Lines | Valeria Bednarik | WBN | |
| Wed, Sep 12, 15:00 GMT | Tracking the forex market together / Part II: Review | Dr.S.Sivaraman | WBN | |
Current Session: Europe − U.S.
EUR/USD
KBC Alert − EUR= (1.3860) New historic high, with Long Term channel top being approached by KBC Bank
New multi year high, with the Long Term channel top off Nov 2005 low being approached (see graph).
The rise comes amid overextended readings, suggesting difficulty to sustain through the top of pattern on 1st attempts. Resistance comes in at 1.3878 (current new multi year high), with next levels at 1.3900/ .3914 and 1.3976.
- Recap of Oversold/Overbought readings at 9:15 GMT by Tony Juste
- TRENDEX: Real−time market comments and trading tips. Get your Trial Account now!
- 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 Daily Analysis − 12/09/'07 − Traders counting on rate cut to push greenback up by ForexYard
EUR/USD Briefing − EUR/USD is getting closer to our yearly prediction by Nexum Capital Markets
Daily Analysis − The Dollar slid to near a record low versus Euro by Finotec Group Inc.
Majors at a Glance
- EUR/USD
- Stays around first resistant level 1.3863
09/12/2007 09:34 GMT - GBP/USD
- Moves up toward first resistant level 2.0367
09/12/2007 09:34 GMT - USD/CHF
- Moves down below first support level 1.1849
09/12/2007 09:34 GMT - USD/JPY
- Moves down below pivot level 114.01
09/12/2007 09:35 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading, Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
New Zealand RBNZ INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Sep 12 | 21:00 | RBNZ Interest Rate Decision | 8.25% | 8.25% |
Weekly Commentary - All eyes on the RBNZ by Westpac Institutional Bank
Data last week was mostly second tier, but this week brings the first chance for the Reserve Bank to comment on their take of the global financial situation.
[ Full Story ]Top Market Movers Review
EMU INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 12 | 09:00 | Industrial Production s.a. (MoM) | 0.6% | 0.2% | 0% |
| Sep 12 | 09:00 | Industrial Production w.d.a. (YoY) | 3.7% | 3.1% | 2.4% |
Euro Zone's industrial output, better than expected in July (FXstreet.com)
Industrial production in the countries sharing the Euro has beaten the experts forecasts in July, posting a 0.6% increase on the month, and a 3.7% rise from July 2006, according to the latest report published by Eurostat.
[ Full Story ]- Read the Industrial Production report at Eurostat
- Euro zone July industrial output up 0.6 pct vs June, up 3.7 pct year−on−year (Thomson Financial News)
EMU economic indicators - HICP inflation in the euro area is likely to be confirmed at 1.8% yoy for August by BHF−Bank
UK CLAIMANT COUNT RATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 12 | 08:30 | Claimant Count Rate | 2.6% | 2.6% | 2.6% |
| Sep 12 | 08:30 | Jobless Claims Change | -4.2K | -8.0K | -6.7K |
UPDATE: UK Jobless Level Down Again; Pay Rises Edge Up (Dow Jones)
The U.K.'s number of jobless workers fell again in August while the rate of wage growth edged up a touch over the summer, official data showed Wednesday.
[ Full Story ]- Read the Employment data at National Statistics
- UK Claimant count change falls less than expected in August (FXstreet.com)
- UK Aug claimant count falls for 11th consecutive month; wage growth benign (Thomson Financial News)
- United Kingdom Average Earnings including Bonus up 3.5% in the three months to Jul from 3.4% (FXstreet.com)
Economic Data Roundup - United Kingdom 10/9 Producer Prices (Aug) by ODL Securities
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 12 | 08:30 | UK | Average Earnings excluding Bonus (3Mo/Yr) (Jul) | 3.5% | 3.5% | 3.4% |
| 08:30 | UK | Average Earnings including Bonus (3Mo/Yr) (Jul) | 3.5% | 3.4% | 3.4% |
|
| 08:30 | UK | Jobless Claims Change (Aug) | -4.2K | -8.0K | -6.7K |
|
| 09:00 | EMU | Industrial Production s.a. (MoM) (Jul) | 0.6% | 0.2% | 0% |
|
| 09:00 | EMU | Industrial Production w.d.a. (YoY) (Jul) | 3.7% | 3.1% | 2.4% |
|
| 09:00 | EMU | Labor Costs (YoY) (2Q) | 2.5% | 2.4% | 2.2% | |
| 14:30 | US | EIA Crude Oil Stocks (Sep 7) | -3.49M | |||
| 21:00 | NZ | RBNZ Interest Rate Decision | 8.25% | 8.25% | ||
| 22:45 | NZ | Retail Sales (MoM) (Aug) | -0.4% | |||
| Sep 13 | 12:00 | CH | SNB Interest Rate Decision | 2.5% | ||