Friday, Jan 18, 12:17 GMT
U.S. Trading Newsletter
To Get Started
- Webinars VIDEOS: Trading Series - Chapter II: Day Trading Basics by Markus Heitkoetter
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Live Sessions Schedule
What Moves Currencies? − Preview of the Week Ahead
Expert: Tony Juste
Start: Mon, Jan 21, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Jan 21, 12:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Jan 18, 12:00 GMT | FOREX MASTERY − A Child's Play (Part 1) | Jay Lakhani | WBN |  |
| Fri, Jan 18, 15:00 GMT | Live Trading  | Tony Juste | WBN | |
| Mon, Jan 21, 11:00 GMT | What Moves Currencies? − Preview of the Week Ahead | Tony Juste | WBN | |
| Mon, Jan 21, 12:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
Current Session: Europe − U.S.
GBP/USD
FX Advisor's Blog − Sell−off in GBP brings new opportunities by FXstreet.com
As already discussed in the opening commentary, GBP crosses may find some renewed strength from here given the extreme OS status they are intraday. However, Cable may goal t a slower pace as there is a potential bearish MA's cross that could be confirmed soon. Therefore, taking risks for fast longs before the MA's cross is confirmed is OK, not so afterwards (one should wait for a bullish cross).
- 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:
Forex Technical Report − Forex Technical Report USD/JPY by iFOREX.bg
EUR/USD Daily Technical Forex − EUR/USD Daily Technical Forex by Stoploss.ch
Majors at a Glance
- EUR/USD
- Continues to trade around pivot level 1.4648
01/18/2008 12:02 GMT - GBP/USD
- Drops below first support level 1.9616
01/18/2008 12:02 GMT - USD/CHF
- Trades above pivot level 1.1016
01/18/2008 12:03 GMT - USD/JPY
- Continues to move up above first resistant level 107.42
01/18/2008 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 LEADING INDICATORS
| Date (GMT) | Event | Cons. | Previous | |
| Jan 18 | 15:00 | Leading Indicators (MoM) | -0.1% | -0.4% |
Ahead of the Bell: Leading Indicators (Thomson Financial News)
Economists expect the index of leading economic indicators, set for release Friday, will show a third straight monthly decline in December.
[ Full Story ]Top Market Movers Review
UK RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 18 | 09:30 | Retail Sales (YoY) | 2.7% | 3.4% | 4.2% |
| Jan 18 | 09:30 | Retail Sales (MoM) | -0.4% | 0.2% | 0.4% |
DATA SNAP: UK Dec Retail Sales Show Surprise 0.4% Decline (Dow Jones)
The volume of U.K. retail sales fell unexpectedly in the crucial month of December, sliding 0.4% on the month despite retailers again cutting prices, the Office for National Statistics said Friday.
[ Full Story ]- Retail sales − Dec 2007 at National Statistics
- UPDATE: U.K. Retailers See Surprising December Sales Slide (Dow Jones)
- UPDATE: UK Dec Retail Sales Show Surprise 0.4% Decline (Dow Jones)
- Forex − Pound falls on weak UK retail sales figures (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 17 | 21:45 | NZ | Retail Sales ex Autos (MoM) (Nov) | 0.9% | -1.1% | |
| 23:50 | JP | Tertiary Industry Index (MoM) (Nov) | 0.1% | -0.4% | 1.1% | |
| Jan 18 | 00:30 | AU | Import Price Index (QoQ) (4Q) | 0.2% | -0.8% | |
| 05:00 | JP | Consumer Confidence Households (Dec) | 38.0 | 38.3 | 39.8 | |
| 09:30 | UK | Retail Sales (MoM) (Dec) | -0.4% | 0.2% | 0.4% | |
| 09:30 | UK | Retail Sales (YoY) (Dec) | 2.7% | 3.4% | 4.2% |
|
| 13:30 | CA | Manufacturing Shipments (MoM) (Nov) | 0.3% | 0.1% | ||
| 15:00 | US | Leading Indicators (MoM) (Dec) | -0.1% | -0.4% | ||
| 15:00 | US | Reuters/Michigan Consumer Sentiment Index (Jan)  | 75.0 | 75.5 | ||
| Jan 22 | 05:00 | JP | BoJ Interest Rate Decision | 0.5% | ||