Friday, Nov 16, 12:02 GMT
U.S. Trading Newsletter
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Live Sessions Schedule
US Session Open
Expert: Ed Ponsi
Start: Fri, Nov 16, 14:30 GMT
Type of Session: Webinar
Live Trading
Expert: Tony Juste
Start: Fri, Nov 16, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Nov 16, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Fri, Nov 16, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Fri, Nov 16, 15:00 GMT | Live Trading | Tony Juste | WBN | |
| Mon, Nov 19, 11:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN | |
Current Session: Europe − U.S.
USD/JPY
Currencies Expert Analysis − USD/JPY by Finotec Group Inc.
The buying point is at 112.80; based on a break of a strong resistance.
Previous resistance is the take profit at 113.39
Fibonacci 38.2% is the stop loss at 111.75
The selling point is at 111.11; based on a break of a strong support level.
Fibonacci 61.8% is the take profit at 110.12
Fibonacci 50% is the stop loss at 112.55
- GBP/USD continues with its technical behaviour 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:
Daily Analysis − Credit Fears pushes Stocks Down by Finotec Group Inc.
Forex Technical Report − Forex Technical Report GBP/USD by iFOREX.bg
Daily technical research − Euro traded between 1.4600 and 1.4700 on Thursday by FX Instructor
Majors at a Glance
- EUR/USD
- Trades below opening price level 1.4612 , below pivot level 1.4641
11/16/2007 11:58 GMT - GBP/USD
- Trades around first support level 2.0374
11/16/2007 11:59 GMT - USD/CHF
- Continues to trade around pivot level 1.1229
11/16/2007 12:00 GMT - USD/JPY
- Trades around opening price level 110.28 , below pivot level 110.72
11/16/2007 12:00 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, Aspen Trading Group, 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 INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Cons. | Previous | |
| Nov 16 | 14:15 | Industrial Production (MoM) | 0.1% | 0.1% |
Trading News Report - How To Trade The US Industrial Production Event Risk by FXCM
Over the past three months, we have not traded the US industrial production release as more market−moving indicators presented themselves at the time.
[ Full Story ]Top Market Movers Review
EMU TRADE BALANCE S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 16 | 10:00 | Trade Balance s.a. | €3.9B | - | €4.5B |
DATA SNAP: Euro−Zone Sep Trade Surplus Widens To EUR3.1B (Dow Jones)
The euro zone's trade surplus with the rest of the world widened in September, but the region's burgeoning trade deficit with China continued to widen, suggesting that the strength of the euro could be taking its toll on euro−zone exporters.
[ Full Story ]- Read the report: Euro area external trade surplus 3.1 bn euro at Eurostat
- UPDATE: Euro−Zone Trade Surplus Widens; Exports +4% On Yr (Dow Jones)
- Euro zone Sept trade surplus 3.1 bln eur vs revised surplus 1.9 in Aug (Thomson Financial News)
- Euro Zone's trade surplus edges down in September (FXstreet.com)
EMU economic indicators - EMU GDP gained momentum in Q3 by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 16 | 05:00 | JP | Coincident Index (Sep) | 60.0% | 66.7% | |
| 05:00 | US | Fed's Kroszner speaks on Economic Outlook | ||||
| 05:00 | JP | Leading Economic Index (Sep) | 0 | 0 | ||
| 08:15 | CH | Adjusted Real Retail Sales (YoY) (Sep) | 7.1% | 4.2% | 3.8% | |
| 10:00 | EMU | IFO − Business Climate | 90.7 | 111.9 | ||
| 10:00 | EMU | Trade Balance s.a. (Sep) | €3.9B | €4.5B |
||
| 14:00 | US | Net Long−term TIC Flows (Sep) | $80.0B | -$69.3B | ||
| 14:15 | US | Capacity Utilization (Oct) | 82.0% | 82.1% | ||
| 14:15 | US | Industrial Production (MoM) (Oct) | 0.1% | 0.1% | ||
| 15:00 | US | Fed's Lockhart speaks on Southeast Economic Outlook | ||||