Tuesday, Jan 15, 12:17 GMT
U.S. Trading Newsletter
To Get Started
- Webinars VIDEOS: Multiple Low Risk Forex Entries With Support and Resistance by Sam Seiden
- Check out our World Indices Rates
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- ECB decision: Live coverage at FXstreet.com
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Live Sessions Schedule
Technical Analysis Bootcamp: The indicators you need to know and how to interpret them
Expert: Dan Blystone
Start: Tue, Jan 15, 15:00 GMT
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Jan 15, 16:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Jan 15, 15:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN |  |
| Tue, Jan 15, 16:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
| Tue, Jan 15, 17:00 GMT | Day Trading Series − Chapter II : Day Trading Basics (Part 2) | Markus Heitkoetter | WBN |  |
| Tue, Jan 15, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
Current Session: Europe − U.S.
GBP/USD
FX Advisor's Blog − Comment on GBP/USD by FXstreet.com
That I like Cable's upside potential in the short term is out of question by now, but just looking at the 15m chart, there are some technical things that may play against it (intraday), the most important of which is the uptrend channel formed from the 1.9520 lows, whose parallel line is coming in @ 1.9600 now, and whose projected line is 1.9645, ie, a level that was momentarily broken, but not decisively broken.
- Webinars Video − Multiple Low Risk Forex Entries With Support and Resistance by Sam Seiden, Stocks and Commodities Instructor, Author and Mentor Online Trading Academy
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Other Topics for this Session:
Forex Technical Report − Forex Technical Report GBP/USD by iFOREX.bg
Daily Analysis − Dollar slips ahead to US. Econ Data by Finotec Group Inc.
Majors at a Glance
- EUR/USD
- Continues to trade around opening price level 1.4869 , above pivot level 1.4853
01/15/2008 11:59 GMT - GBP/USD
- Moves up above second resistant level 1.9680
01/15/2008 12:00 GMT - USD/CHF
- Continues to move down toward first support level 1.0872
01/15/2008 12:00 GMT - USD/JPY
- Back above first support level 107.37
01/15/2008 12:01 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 PRODUCER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Jan 15 | 13:30 | Producer Price Index ex Food & Energy (YoY) | 2% | 2% |
| Jan 15 | 13:30 | Producer Price Index ex Food & Energy (MoM) | 0.2% | 0.4% |
| Jan 15 | 13:30 | Producer Price Index (YoY) | 7.4% | 7.2% |
| Jan 15 | 13:30 | Producer Price Index (MoM) | 0.2% | 3.2% |
US economic indicators - Industrial production could have declined in December by BHF−Bank
Producer prices (PPI) rose by 3.2% mom in November – the highest monthly increase in more than 30 years. This was almost entirely due to the jump in energy prices, because core PPI, albeit also accelerating, only rose by 0.4% mom. There is likely to have been a brief respite in energy prices in December; e.g. gasoline prices declined by about 2.0% mom on average.
[ Full Story ]Daily Forex Commentary - A Day with the US Economy in Focus by Jyske Bank
Top Market Movers Review
Germany ZEW SURVEY − ECONOMIC SENTIMENT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 15 | 10:00 | ZEW Survey − Economic Sentiment | -41.6 | -40.2 | -37.2 |
DATA SNAP: German ZEW Econ Sentiment Deteriorates Further (Dow Jones)
Sentiment among German analysts and institutional investors deteriorated further in January, remaining at its lowest level in 15 years, a survey from the Center for European Economic Research, or ZEW, showed Tuesday.
[ Full Story ]- ZEW Indicator of Economic Sentiment − Economic Sentiment deteriorates further
- 2nd UPDATE: German ZEW Econ Sentiment Deteriorates Further (Dow Jones)
- European govt bonds firmer on weak German ZEW indicator (Thomson Financial News)
- UPDATE: German ZEW Econ Sentiment Deteriorates Further (Dow Jones)
EMU economic indicators - German ZEW economic sentiment is expected to decline in January by BHF−Bank
UK CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 15 | 09:30 | Consumer Price Index (MoM) | 0.6% | 0.5% | 0.3% |
| Jan 15 | 09:30 | Consumer Price Index (YoY) | 2.1% | 2.0% | 2.1% |
| Jan 15 | 09:30 | Core Consumer Price Index (YoY) | 1.4% | 2.0% | 1.4% |
UK's consumer prices index remains steady in December (FXstreet.com)
Inflation at consumer level remained steady in December at 2.1% year on year, with food and non alcoholic beverages pushing inflation higher, according to the latest report by National Statistics.
[ Full Story ]- Nov: CPI at 2.1%, RPI down to 4.0% at National Statistics
- UPDATE: UK Dec CPI +2.1% On Year For 3rd Straight Month (Dow Jones)
- Forex − Pound edges up on news CPI inflation still about BoE's target (Thomson Financial News)
- UK Dec annual CPI inflation at 2.1 pct for third month running (Thomson Financial News)
Friday Notes - Fed – still a long way to go by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 15 | 09:30 | UK | Consumer Price Index (MoM) (Dec) | 0.6% | 0.5% | 0.3% |
| 09:30 | UK | Core Consumer Price Index (YoY) (Dec) | 1.4% | 2.0% | 1.4% | |
| 09:30 | UK | Retail Price Index (MoM) (Dec) | 0.6% | 0.6% | 0.4% | |
| 09:30 | UK | Retail Price Index (YoY) (Dec) | 4.0% | 4.3% | 4.3% | |
| 10:00 | EMU | ZEW Survey − Economic Sentiment (Jan) | -41.7 | -38.0 | -35.7 | |
| 10:00 | DE | ZEW Survey − Economic Sentiment (Jan) | -41.6 | -40.2 | -37.2 | |
| 13:30 | US | NY Empire State Manufacturing Index (Jan) | 10.10 | 10.31 | ||
| 13:30 | US | Producer Price Index (MoM) (Dec) | 0.2% | 3.2% | ||
| 13:30 | US | Producer Price Index (YoY) (Dec) | 7.4% | 7.2% | ||
| 13:30 | US | Producer Price Index ex Food & Energy (MoM) (Dec) | 0.2% | 0.4% | ||