Monday, Nov 19, 12:07 GMT
U.S. Trading Newsletter
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Live Sessions Schedule
FX Instructor Live Trading Room
Expert: Nader Moustafa
Start: Mon, Nov 19, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Nov 19, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Nov 19, 12:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Nov 19, 14:00 GMT | FX Instructor Live Trading Room  | Nader Moustafa | WBN | |
| Mon, Nov 19, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, Nov 19, 16:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets | Steve Primo | WBN |  |
Current Session: Europe − U.S.
GBP/USD
Weekly Forex Signals − Pound Dropped Against US Dollar on Interest Rate Outlook! by Finotec Group Inc.
The Sterling may continue the downtrend against the US dollar; according to technical charts the market is in a bearish direction with confirmation of many indicators like RSI, which is in a downtrend, MACD breaks the zero line and Bollinger bands (on price) gives us a bearish signal by closing the candle below the middle band.
- Extreme OB/OS levels at this hour 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 19/11/2007 by AKforex
Daily Analysis − US Dollar Open stable, Japanese Yen climbing by Finotec Group Inc.
Forex Technical Report − Forex Technical Report GBP/USD by iFOREX.bg
Majors at a Glance
- EUR/USD
- Moves down toward pivot level 1.4638
11/19/2007 10:23 GMT - GBP/USD
- Moves down below pivot level 2.0482
11/19/2007 10:23 GMT - USD/CHF
- Moves up toward pivot level 1.1193
11/19/2007 10:23 GMT - USD/JPY
- Trades around pivot level 110.72
11/19/2007 10:23 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 NAHB HOUSING MARKET INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Nov 19 | 18:00 | NAHB Housing Market Index | 17 | 18 |
Friday Notes - Strong Q3 growth – Water over the dam by HVB Group
Home builders are waiting for demand to pick up so they can get rid of excess inventories. But potential buyers are having trouble getting mortgages, especially at the low and high ends of the price spectrum.
[ Full Story ]- Forex − Dollar weaker vs yen ahead of US housing data, release of FOMC minutes (Thomson Financial News)
The Week Ahead - We expect confidence among U.S. homebuilders to fall even further in November to 16.5 by BBVA Bancomer
Top Market Movers Review
EMU CONSTRUCTION OUTPUT S.A
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 19 | 10:00 | Construction Output s.a (MoM) | 0.0% | - | 0.4% |
| Nov 19 | 10:00 | Construction Output w.d.a (MoM) | 1.5% | - | 2.6% |
Euro Zone's construction output, unchanged in September (FXstreet.com)
Construction output has remained unchanged in September from August in the 13 countries sharing the Euro, while in the 27 countries belonging to the Euro Zone, it has edged up 0.1%, according to data by Eurostat, the European statistics agency.
[ Full Story ]- Read the Construction Output data at Eurostat
- EU: Construction Output s.a remains unchanged in September (FXstreet.com)
- Tony Juste, FX Advisor at FXstreet.com: "In this eventless morning the only possible information that may be interesting for the currencies is the Construction Output. Still, I don't think that it will move the markets in any direction." − FXstreet.com
Daily Forex Technical Report − Markets Start the Week Quietly in Range by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 19 | 00:01 | UK | Rightmove House Price Index (MoM) | -0.7% | 2.7% | |
| 00:01 | UK | Rightmove House Price Index (YoY) | 7.9% | 10.4% | ||
| 10:00 | EMU | Construction Output s.a (MoM) | 0.0% | 0.4% | ||
| 10:00 | EMU | Construction Output w.d.a (MoM) | 1.5% | 2.6% |
||
| 13:30 | CA | Canadian Investment in Foreign Securities (Sep) | M7.445M | |||
| 13:30 | CA | Foreign investment in Canadian securities (Sep) | -$3.83B | |||
| 13:30 | CA | Wholesale Sales (MoM) (Sep) | 0.2% | -2.0% | ||
| 18:00 | US | NAHB Housing Market Index (Nov) | 17 | 18 | ||
| Nov 20 | 07:00 | DE | Producer Price Index (MoM) (Oct) | 0.3% | 0.2% | |
| 07:00 | DE | Producer Price Index (YoY) (Oct) | 1.6% | 1.5% | ||