Thursday, Dec 27, 12:09 GMT
U.S. Trading Newsletter
To Get Started
- Financials, Indices, Metals and Energies on the Futures Section.
- Forex Signals Tracker: Track down every signal provider's performance.
- Access recorded webinars FOR FREE!
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Live Sessions Schedule
US Pre−Market Open
Expert: Ed Ponsi
Start: Thu, Dec 27, 13:00 GMT
Type of Session: Webinar
How to Get Started Trading Forex
Expert: Steve Primo
Start: Thu, Dec 27, 16:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Dec 27, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Thu, Dec 27, 16:00 GMT | How to Get Started Trading Forex | Steve Primo | WBN | |
| Fri, Dec 28, 13:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
| Fri, Dec 28, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: Europe − U.S.
GBP/USD
The dollar sank versus the European currencies on Wednesday by Global Forex Trading
Sterling/dollar recovered on Wednesday from a four−month low a day earlier. The downside remains favored in the medium−term and there is a medium−term bearish flag that targets 1.9650, but in the short term it should advance. Initial resistance is now sent at 1.98650. The next one is at 1.9960. Distant resistance now follows at 2.0055. Immediate support now comes at 1.9770. This is followed by 1.9700 and 1.9650.
- USD/JPY and the 114 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 − EUR/JPY Daily Technical Forex by Stoploss.ch
USD/JPY Daily Technical Forex − USD/JPY Daily Technical Forex by Stoploss.ch
Intra−day forex market trend − Intra−day forex market trend by i−knowindices.com
Majors at a Glance
- EUR/USD
- Trades above opening price level 1.4490 , above pivot level 1.4460
12/27/2007 11:52 GMT - GBP/USD
- Moves up above second resistant level 1.9901
12/27/2007 11:53 GMT - USD/CHF
- Trades below opening price level 1.1513 , below pivot level 1.1531
12/27/2007 11:53 GMT - USD/JPY
- Moves up toward first resistant level 114.50
12/27/2007 11:53 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 DURABLE GOODS ORDERS
| Date (GMT) | Event | Cons. | Previous | |
| Dec 27 | 13:30 | Durable Goods Orders | 2.0% | -0.4% |
Friday Notes - China at the crossroads by HVB Group
New orders have been exceptionally weak in recent months. The core category of non−defense capital goods orders excluding aircraft has actually contracted over the past three months. That suggests businesses are becoming increasingly careful in planning capital expenditures.
[ Full Story ]Trading News Report - Trade the US Durable Goods Orders with the Euro and US Dollar by FXCM
Daily Forex Outlook - BoJ minutes show concern of U.S. economic slowdown. Durable Good due out by Easy Forex
Top Market Movers Review
UK HOUSING EQUITY WITHDRAWAL
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Dec 27 | 09:30 | Housing Equity Withdrawal (QoQ) | 9.3B | 10.5B | 10.0 |
UK 3Q Housing Equity Withdrawal GBP10.5B Vs GBP10.1B In 2Q (Dow Jones)
U.K. households withdrew GBP10.5 billion in equity from their homes through new mortgage loans in the third quarter of 2007, the Bank of England said Thursday.
[ Full Story ]- Read the Housing Equity Withdrawal data at BoE
- UK Q3 housing equity withdrawal 10.5 bln stg vs 10.1 bln stg in Q2 − BoE UPDATE (Thomson Financial News)
- UK Q3 housing equity withdrawal 10.5 bln stg vs 10.1 bln stg in Q2 − BoE (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Dec 27 | 05:00 | JP | Housing Starts (YoY) | -27% | -35% | |
| 09:30 | UK | BBA Mortgage Approvals | 44.80K | 41.00K | 44.32K |
|
| 09:30 | UK | Housing Equity Withdrawal (QoQ) (3Q) | 9.3B | 10.5B | 10.0 | |
| 12:00 | US | MBA Mortgage Applications | -7.6% | -19.5% | ||
| 13:30 | US | Continuing Jobless Claims (Dec 15) | 2646K | |||
| 13:30 | US | Durable Goods Orders (Nov) | 2.0% | -0.4% | ||
| 13:30 | US | Durable Goods Orders ex Transportation (Nov) | 0.5% | -0.7% | ||
| 13:30 | US | Initial Jobless Claims (Dec 22) | 340K | 346K | ||
| 15:00 | US | Consumer Confidence (Dec) | 86.5 | 87.3 | ||
| 23:15 | JP | Nomura/ JMMA Manufacturing Puchasing Manager Index (Dec) | 50.5 | 50.8 | ||