Friday, Nov 09, 12:20 GMT
U.S. Trading Newsletter
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Live Sessions Schedule
US Pre−Market Open
Expert: Ed Ponsi
Start: Fri, Nov 9, 13:00 GMT
Type of Session: Webinar
Live Trading
Expert: Tony Juste
Start: Fri, Nov 9, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Nov 8, 18:00 GMT | Live Look at Today's Markets | Derek Frey | WBN |  |
| Fri, Nov 9, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Fri, Nov 9, 15:00 GMT | Live Trading | Tony Juste | WBN | |
| Mon, Nov 12, 10:00 GMT | Asia−Pacific trading Webinar | Abdul Khan | WBN | |
Current Session: Europe − U.S.
EUR/USD
Daily Technical Strategist − EUR: Inching to another new record high at 1.4739 by FXTechstrategy
EURUSD− While the top of its shooting star candle pattern now acting as resistance needs to be violated to reduce the potential of its efficacy, an early morning run today at that zone suggests its vulnerability. Holding at the present level implies that an extension of its recent upside gains is likely initially towards its psychological resistance at 1.4800 and then the 1.4918 level.
- 'Carry madness' liquidation strengthens at Tony Juste's blog
- Long−term Forex Perspectives: Our new blog by John Jagerson and S. Wade Hansen
- New Webinars Video − Access now Educational Sessions Recordings
- 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:
Preview Strategies for − Preview Strategies for US SESSION 09/11/2007 by AKforex
Forex Technical Analysis − EUR/USD: (1.4724) New high above inverted channel off 1.4015 by KBC Bank
Daily Analysis − Dollar falls after Bernanke`s speach,views for a December interest rate cut by Finotec Group Inc.
Majors at a Glance
- EUR/USD
- Moves down back toward pivot level 1.4663 after hit second resistant level 1.4749
11/09/2007 12:08 GMT - GBP/USD
- Drops below first support level 2.0993
11/09/2007 12:13 GMT - USD/CHF
- Moves up around first support level 1.1239 after hit second support level 1.1200
11/09/2007 12:13 GMT - USD/JPY
- Continues to move down below second support level 111.33
11/09/2007 12:14 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
US TRADE BALANCE
| Date (GMT) | Event | Cons. | Previous | |
| Nov 9 | 13:30 | Trade Balance | -$58.50 | -$57.59B |
US economic indicators - ISM non−manufacturing index could have declined again markedly in October by BHF−Bank
The trade deficit fell noticeably from $59.2bn to $57.6bn in August, thus continuing its narrowing trend. However, it is likely to have widened in September, partly because import prices rose by 1.0% mom.
[ Full Story ]- Ahead of the Bell: Trade Balance (Thomson Financial News)
Top Market Movers Review
EMU OECD EURO ZONE LEADING INDICATOR INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 9 | 11:00 | OECD Euro Zone Leading Indicator Index | 98.3 | - | 98.9 |
DATA SNAP: OECD Sep Indicator Confirms G7 Slowdown (Dow Jones)
The world's leading developed economies are set for a slowdown in economic growth, while China and Brazil should grow strongly, according to figures released by the Organization for Economic Cooperation and Development Friday.
[ Full Story ]- Read the OECD Composite Leading Indicators at OECD
- OECD Sept composite leading indicator 99.5 vs 100.2 in Aug (Thomson Financial News)
- EU OECD Leading Indicator Index down to 99.5 in Sep from 100.2 in August (FXstreet.com)
UK TOTAL TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 9 | 09:30 | Total Trade Balance | -5.1B | -4.1B | -4.2B |
UK trade deficit widened in September (FXstreet.com)
Uk's deficit on good and services with the rest of the world has widened in September to 5.1 billion pound from 4.2 billion in August, which has been upwardly revised from the 4.1billion previously estimated, according to data by National Statistics.
[ Full Story ]- Read the Trade Balance data at National Statistics
- UK Sept trade in goods deficit widens to new record (Thomson Financial News)
- DATA SNAP: UK Sep Trade Deficit At Record Level (Dow Jones)
- United Kingdom Sep Total Trade Balance widens to −5.1B vs −4.2B in August (FXstreet.com)
Forex Technical Report - Forex Technical Report GBP/USD by iFOREX.bg
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 9 | 04:30 | JP | Capacity Utilization (Sep) | 108.6 | 109.7 | |
| 04:30 | JP | Industrial Production (MoM) (Sep) | -1.4% | -1.4% | 3.5% | |
| 04:30 | JP | Industrial Production (YoY) (Sep) | 0.8% | 4.4% | ||
| 06:45 | CH | SECO Consumer Climate (Oct) | 15 | 11 | 15 | |
| 09:30 | UK | Total Trade Balance (Sep) | -5.1B | -4.1B | -4.2B |
|
| 11:00 | EMU | OECD Euro Zone Leading Indicator Index (Sep) | 98.3 | 98.9 |
||
| 13:30 | US | Import Price Index (MoM) (Oct) | 1.1% | 1.0% | ||
| 13:30 | US | Import Price Index (YoY) (Oct) | 5.2% | |||
| 13:30 | CA | International Merchandise Trade (Sep) | -$4.10B | $4.07B | ||
| 13:30 | US | Trade Balance (Sep) | -$58.50 | -$57.59B | ||