Wednesday, Nov 28, 12:08 GMT
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Live Sessions Schedule
US Pre−Market Open
Expert: Ed Ponsi
Start: Wed, Nov 28, 13:00 GMT
Type of Session: Webinar
Main Fundamental theme in the Currency market
Expert: Kathy Lien
Start: Wed, Nov 28, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Nov 28, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Wed, Nov 28, 14:00 GMT | Main Fundamental theme in the Currency market | Kathy Lien | WBN | |
| Wed, Nov 28, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Wed, Nov 28, 15:00 GMT | Supply and Demand Trading with Mechanical Indicators and Oscillators in the Forex Markets | Sam Seiden | WBN | |
Current Session: Europe − U.S.
GBP/USD
Forex Technical Report GBP/USD by iFOREX.bg
The Sterling closed at a pips away from the opening price against the US Dollar. The currency couple remained withing the range from the last few days. First resistance for today still is the 21 day MA at 2.0700, followed by 2.0750 and 2.0820, which are 50.3% and 62% Fibonacci respectively of the drop 2.1156 − 2.0354. Support of the Pound is expected at the top from 24 July 2.0590 at first, followed by 2.0545 and the top from 22 October 2.0490.
- Check the FX advisor's comments on major crosses 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:
EUR/JPY Daily Technical Forex by Stoploss.ch
Daily technical research by FX Instructor
USD/JPY Daily Technical Forex by Stoploss.ch
Majors at a Glance
- EUR/USD
- Moves down toward third support level 1.4690
11/28/2007 12:06 GMT - GBP/USD
- Continues to trade below first support level 2.0633
11/28/2007 12:07 GMT - USD/CHF
- Continues to move up toward third resistant level 1.1211
11/28/2007 12:07 GMT - USD/JPY
- Moves up toward second resistant level 110.33
11/28/2007 12:07 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 DURABLE GOODS ORDERS
| Date (GMT) | Event | Cons. | Previous | |
| Nov 28 | 13:30 | Durable Goods Orders ex Transportation | 0.4% | 0.3% |
| Nov 28 | 13:30 | Durable Goods Orders | 0.0% | -1.7% |
US economic indicators - Consumer confidence is likely to deteriorate further in November by BHF−Bank
We expect durable goods orders to have fallen by at least 0.5% mom in October. Ex transportation they could have gone up slightly again by 0.3% mom.
[ Full Story ]- OUTLOOK Highlights of US economic data to be released this week (Thomson Financial News)
Top Market Movers Review
Switzerland KOF SWISS LEADING INDICATOR
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 28 | 10:30 | KOF Swiss Leading Indicator | 2.02 | 1.98 | 2.04 |
Swiss Nov KOF economic barometer drops to 2.02 pts from revised 2.04 pts in Oct (Thomson Financial News)
The University of Zurich's Centre for Economic Research (KOF) said its economic barometer for November dropped to 2.02 points from a revised 2.04 points in October.
[ Full Story ]- Read full Leading Indicator data at KOF
- Swiss Kof Leading Indicator posted higher than expected in November (FXstreet.com)
- Switzerland: KOF Swiss Leading Indicator (Nov): 2.02 vs 2.04 (FXstreet.com)
Germany GFK CONSUMER CONFIDENCE SURVEY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 28 | 07:00 | Gfk Consumer Confidence Survey | 4.3 | 4.4 | 4.8 |
UPDATE: German Consumer Confidence Dn On Perceived Inflation (Dow Jones)
High food and energy prices, a strong euro and financial market turbulence have gnawed away at German consumer confidence, market research group GfK said Wednesday.
[ Full Story ]- Read the report: Price increases: poison for the consumer climate at Gfk
- Germany's GFK sees Dec consumer climate index at 4.3 vs 4.8 in Nov (Thomson Financial News)
- German consumer sentiment Gfk falls larger than expected in December (FXstreet.com)
- Germany Gfk Consumer Confidence Survey decreases to 4.3 in Dec from 4.8 (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 27 | 23:50 | JP | BoJ's Governor Fukui Speaks | |||
| 23:50 | JP | Large Retailer's Sales (Oct) | -1.8% | -1.1% | -2.0% | |
| Nov 28 | 07:00 | DE | Gfk Consumer Confidence Survey (Dec) | 4.3 | 4.4 | 4.8 |
| 09:00 | EMU | M3 (YoY) (Oct) | 12.3% | 11.5% | 11.3% | |
| 10:30 | CH | KOF Swiss Leading Indicator (Nov) | 2.02 | 1.98 | 2.04 |
|
| 12:00 | US | MBA Mortgage Applications (Nov 23) | -3.6% | |||
| 13:30 | US | Durable Goods Orders (Oct) | 0.0% | -1.7% | ||
| 13:30 | US | Durable Goods Orders ex Transportation (Oct) | 0.4% | 0.3% | ||
| 15:00 | US | Existing Home Sales (Oct) | 5.00 | 5.04M | ||
| 15:00 | US | Existing Home Sales (MoM) (Oct) | -0.8% | -8.0% | ||