Tuesday, Jan 22, 12:17 GMT
U.S. Trading Newsletter
To Get Started
- Webinars VIDEOS: Weekly Technical Briefing by Dan Blystone
- The Forex Journal: 14 Top Experts Analysing the Forex Market
- Questions about Forex trading? FXWizard has the answers
- MONTHLY WEBINAR with Rob Booker on Thursday 24th
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Featured Special Coverage
One of the most exhaustive recap of the Black Monday
We offer all the information about the Market Crash. Check out our Dow Futures Chart, read the Indices Reports and don't miss our Special Coverage.
- Check out our World Indices
- Read the Indices Reports
- Take a look to the Advisor Blog, from Tony Juste
Live Sessions Schedule
Technical Analysis Bootcamp: The indicators you need to know and how to interpret them
Expert: Dan Blystone
Start: Tue, Jan 22, 15:00 GMT
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Jan 22, 16:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Jan 22, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Tue, Jan 22, 14:30 GMT | Forex with Ed Ponsi | Ed Ponsi | WBN | |
| Tue, Jan 22, 15:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN | |
| Tue, Jan 22, 16:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
Current Session: Europe − U.S.
GBP/USD
FX Advisor's Blog − − EUR/USD and GBP/USD break downtrend lines intraday by FXstreet.com
The resistance lines that had been containing the recovery in the Europeans vs the USD are now over as expected, and extreme OB level 1.9560 and 1.4525 should come into play next. There is a rumor that the Fed could cut interest rates by even 75 or 100bp and that the other major CBs in the world would do so, too, and that is helping the EUR and GBP.
- Webinars Video − Market Neutral Forex Options Strategies 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 Forex News − Yen rallied as global stock markets weakness prompted investors to reduce riskier exposures by ACM − Advanced Currency Markets
Daily Analysis − Dollar Gains On Global Economic Woes by Finotec Group Inc.
Majors at a Glance
- EUR/USD
- Moves up back above pivot level 1.4495
01/22/2008 11:57 GMT - GBP/USD
- Moves up above first resistant level 1.9533
01/22/2008 11:57 GMT - USD/CHF
- Moves down below first support level 1.1009
01/22/2008 11:58 GMT - USD/JPY
- Moves up above pivot level 106.21
01/22/2008 11:58 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
Canada BOC INTEREST RATE ANNOUNCEMENT
| Date (GMT) | Event | Cons. | Previous | |
| Jan 22 | 14:00 | BoC Interest Rate Announcement | 4.00% | 4.25% |
Weekly Review and Outlook − Euro Sentiments Reversed, Yen Sharply Higher; BOJ, BOC, RBNZ to Meet by ActionForex.com
Three major central banks are scheduled to meet this week. BoC is expected to have another 25bps cut to 4.0.
[ Full Story ]Daily Fx Strategy - Damaged Markets Await Possible BoC, Fed Surprise by CMC Markets
Top Market Movers Review
UK CBI INDUSTRIAL TRENDS − BUSINESS SENTIMENT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 22 | 11:00 | CBI Industrial Trends Survey − Orders (MoM) | 2% | - | 2% |
| Jan 22 | 11:00 | CBI Industrial Trends − Business Sentiment (QoQ) | -18 | - | -13 |
DATA SNAP: UK CBI: Jan Industrial Output Balance +9 (Dow Jones)
U.K. industrial output was stronger than expected in January, and pressures on prices accelerated, the Confederation of British Industry said Tuesday. The industrial output balance stood at +9, sharply above +3 in the December survey.
[ Full Story ]- Read the Industrial Trends data at CBI
- UK Jan manufacturing orders balance +2 pct, unchanged vs Dec − CBI UPDATE (Thomson Financial News)
- UPDATE: UK CBI: Jan Industrial Output Balance +9 (Dow Jones)
- UK CBI Industrial trends showed a brighter outlook in January (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 22 | 05:00 | JP | BoJ Interest Rate Decision | 0.5% | 0.5% | 0.5% |
| 06:00 | JP | Machine Tool Orders (YoY) (Dec) | 3.7 | 3.3 | ||
| 06:30 | JP | BoJ's Governor Fukui Speaks | ||||
| 08:15 | CH | Adjusted Real Retail Sales (YoY) (Nov) | 2.9% | 4.0% | 2.2% | |
| 11:00 | UK | CBI Industrial Trends − Business Sentiment (QoQ) | -18 | -13 | ||
| 11:00 | UK | CBI Industrial Trends Survey − Orders (MoM) (Dec) | 2% | 2% |
||
| 13:00 | US | Treasury Secretary Paulson speaks | ||||
| 13:30 | CA | Retail Sales (MoM) (Nov) | 0.3% | 0.1% | ||
| 13:30 | CA | Retail Sales ex Autos (MoM) (Nov) | 0.5% | 0.0% | ||
| 14:00 | CA | BoC Interest Rate Announcement (Jan) | 4.00% | 4.25% | ||