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Live Sessions Schedule
How to Get Started Trading Forex
Expert: Steve Primo
Start: Thu, Nov 29, 16:00 GMT
Type of Session: Webinar
Live Look at Today's Markets
Expert: Derek Frey
Start: Thu, Nov 29, 18:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Nov 29, 12:30 GMT | Watch Live Coverage of the US GDP | Jerry Furst | WBN |  |
| Thu, Nov 29, 14:30 GMT | Weekly Technical Briefing  | Dan Blystone | WBN |  |
| Thu, Nov 29, 15:00 GMT | Technical Analysis Q&A | Tony Juste | WBN | |
| Thu, Nov 29, 16:00 GMT | How to Get Started Trading Forex | Steve Primo | WBN | |
Current Session: Europe − U.S.
GBP/USD
Forex Technical Report − GBP/USD 2.0677 − 29 November by iFOREX.bg
GBP/USD Open 2.0783 High 2.0823 Low 2.0588 Close 2.0714
The climbing of the Sterling against the US Dollar is stopped for now by the good resistance 2.0825, which may however at some point be broken. That would lead to strong upward impulse and to next resistances at 2.0910 and 2.0990.
- GBP/USD intraday chart − key levels 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 Trading Strategy − Let's talk realities by MVDForex
Daily Analysis − Beige book and fed vice chairman pull back dollar gains by Finotec Group Inc.
Daily technical research − EUR/USD Technical View by FX Instructor
Majors at a Glance
- EUR/USD
- Moves down below first support level 1.4748
11/29/2007 11:59 GMT - GBP/USD
- Moves down below first support level 2.0659
11/29/2007 11:59 GMT - USD/CHF
- Moves up above first resistant level 1.1187
11/29/2007 12:00 GMT - USD/JPY
- Continues to trade around opening price level 110.00 , above pivot level 109.59
11/29/2007 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 GROSS DOMESTIC PRODUCT ANNUALIZED
| Date (GMT) | Event | Cons. | Previous | |
| Nov 29 | 13:30 | Gross Domestic Product Annualized | 4.9% | 3.8% |
US economic indicators - Consumer confidence is likely to deteriorate further in November by BHF−Bank
The advance estimate for GDP in Q3 already surprised on the upside, as the annualised rate of 3.9% qoq slightly exceeded the growth rate in Q2. However, mainly due to the positive development in exports, foreign trade's contribution to growth is likely to have been much larger than initially estimated.
[ Full Story ]- Special Webinar: Watch Live Coverage of the US GDP with Jerry Furst
- OUTLOOK Highlights of US economic data to be released this week (Thomson Financial News)
Top Market Movers Review
UK CBI DISTRIBUTIVE TRADES SURVEY − REALIZED
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 29 | 11:00 | CBI Distributive Trades Survey − Realized (MoM) | 13 | - | 10 |
DATA SNAP: UK CBI: Nov Retail Sales Volume +13 Vs Oct +10 (Dow Jones)
Sales volumes at U.K. retailers grew at a faster pace than expected in November, while average selling prices rose at the highest level since May 1998, a survey by the Confederation of British Industry showed Thursday.
[ Full Story ]- CBI homepage
- UK CBI retail sales increase in November despite higher prices (FXstreet.com)
- UK retail sales holding up as price pressures build − CBI (Thomson Financial News)
- United Kingdom Nov CBI retail sales realized rises to 13 from 10 in October (FXstreet.com)
- Tony Juste, FX Advisor at FXstreet.com: "Interesting data which should give us a short term outlook on he UK economy; below expectations reading should take its toll on the GBP, which is very sensible to these type of news as of late." − FXstreet.com
Daily Outlook - GBP/USD daily by Karoll
UK MORTGAGE APPROVALS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 29 | 09:30 | Mortgage Approvals | 88K | 96K | 100K |
DATA SNAP:UK Oct Mortgage Lending At 27−Month Low Of GBP7.3B (Dow Jones)
Consumer appetite for secured debt slowed sharply in October to a 27−month low, while the outlook for the housing market remained weak as mortgage approvals plummeted to a 32−month low, data from the Bank of England showed Thursday.
[ Full Story ]- Read the Mortgage Approvals data at BoE
- UK mortgage approvals slump to lowest level since Feb 2005 − BoE (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 29 | 08:55 | DE | Unemployment Rate s.a. (Oct) | 8.6% | 8.7% | 8.7% |
| 09:30 | UK | M4 Money Supply (MoM) (Oct) | 0.2% | 1.0% | ||
| 09:30 | UK | M4 Money Supply (YoY) (Oct) | 11.8% | 12.8% | ||
| 09:30 | UK | Mortgage Approvals | 88K | 96K | 100K |
|
| 09:30 | UK | Net Lending to Individuals (Oct) | £8.8B | £10.0 | £10.8B |
|
| 11:00 | UK | CBI Distributive Trades Survey − Realized (MoM) (Nov) | 13 | 10 | ||
| 13:30 | US | Continuing Jobless Claims (Nov 17) | 2575K | 2566K | ||
| 13:30 | US | Gross Domestic Product Annualized (3Q) | 4.9% | 3.8% | ||
| 13:30 | US | Initial Jobless Claims (Nov 24) | 330K | 330K | ||
| 15:00 | US | New Home Sales (Oct) | 750K | 770K | ||