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Live Sessions Schedule
FX Instructor Live Trading Room − Free Access Day
Expert: Sunil Mangwani
Start: Thu, Jan 17, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Technical Briefing − Free Access Day
Expert: Dan Blystone
Start: Thu, Jan 17, 14:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Jan 17, 12:00 GMT | Selling options for fun and profit − Free Access Day | John Jagerson | WBN |  |
| Thu, Jan 17, 13:00 GMT | FX Instructor Live Trading Room − Free Access Day | Sunil Mangwani | WBN | |
| Thu, Jan 17, 14:30 GMT | Weekly Technical Briefing − Free Access Day | Dan Blystone | WBN | |
| Thu, Jan 17, 15:00 GMT | Raghee Horner's Four Step Trading: Forex − Free Access Day | Raghee Horner | WBN | |
Current Session: Europe − U.S.
USD/CHF
Forex Trading Strategies − Possible key reversal in USD yesterday on sudden dovish tone in ECB rhetoric by Saxo Bank
USDCHF: here we see a beautiful candlestick reversal formation. USDCHF touched new all−time lows below the old 1.0888 level both Tuesday and Wednesday, only to rally strongly. In addition, yesterday's bar completely engulfs the previous bar. A follow up move through 1.1025 resistance could set up a move to 1.1200+ to start.
- Webinars Video − Using FX Options to Control Risk and Make Profits by by John Jagerson, Founder Profiting With Forex
- 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:
Daily technical research − Euro confirmed the bearish pattern formed on Tuesday by FX Instructor
Daily Forex Technical Report − Markets Await US Housing and Bernanke, Euro Remains Pressured by ActionForex.com
Majors at a Glance
- EUR/USD
- Continues to trade around opening price level 1.4651 , below pivot level 1.4701
01/17/2008 12:02 GMT - GBP/USD
- Back around pivot level 1.9628
01/17/2008 12:02 GMT - USD/CHF
- Moves down back around opening price level 1.1004 , above pivot level 1.0955
01/17/2008 12:02 GMT - USD/JPY
- Back around pivot level 107.16
01/17/2008 12:03 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 HOUSING STARTS
| Date (GMT) | Event | Cons. | Previous | |
| Jan 17 | 13:30 | Building Permits (MoM) | 1.138M | 1.152M |
| Jan 17 | 13:30 | Housing Starts (YoY) | 1.150M | 1.187M |
Ahead of the Bell: Housing Starts (Thomson Financial News)
A government report on December new−home construction and building permit applications is forecast to show further declines as builders retreat from the slumping housing market.
[ Full Story ]Top Market Movers Review
EMU TRADE BALANCE N.S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 17 | 10:00 | Trade Balance n.s.a. | €2.6B | €5.5B | €5.4B |
| Jan 17 | 10:00 | Trade Balance s.a. | €2.7B | €3.7B | €3.0B |
DATA SNAP: Euro−Zone Trade Surplus Shrinks In November (Dow Jones)
The euro zone's foreign trade surplus shrank in November to EUR2.6 billion, below the EUR5.2 billion surplus recorded a year earlier and the EUR5.4 billion surplus recorded in October 2007, data from the European Union's statistics agency, Eurostat, showed Thursday.
[ Full Story ]- Official data at Eurostat
- UPDATE: Euro−Zone Trade Surplus Shrinks In November (Dow Jones)
- Euro Zone's trade surplus narrows in November (FXstreet.com)
- Euro zone Nov trade surplus 2.6 bln eur vs 5.4 bln surplus in Oct (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 17 | 04:30 | JP | Industrial Production (MoM) (Nov) | -1.6% | -1.6% | 1.7% |
| 04:30 | JP | Industrial Production (YoY) (Nov) | 2.9% | 2.9% | 4.7% | |
| 09:00 | EMU | ECB Publishes Monthly Report | ||||
| 10:00 | EMU | Trade Balance n.s.a. (Nov) | €2.6B | €5.5B | €5.4B |
|
| 10:00 | EMU | Trade Balance s.a. (Nov) | €2.7B | €3.7B | €3.0B |
|
| 10:00 | CH | ZEW Survey − Expectations | -32.7 | -29.7 | ||
| 13:00 | US | Fed's Bernanke Speaks | ||||
| 13:30 | US | Building Permits (MoM) (Dec) | 1.138M | 1.152M | ||
| 13:30 | CA | Canadian Investment in Foreign Securities (Nov) | -$4.78B | |||
| 13:30 | US | Continuing Jobless Claims (Jan 5) | 2702K | |||