Thursday, Feb 21, 11:56 GMT
U.S. Trading Newsletter
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- Webinars VIDEOS: Longer-term Support and Resistance Trading: Setups and Rules by Rob Booker
- Releasing the Code to the Schaff Trend Cycle by Doug Schaff
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Live Sessions Schedule
MONTHLY WEBINAR: Strategic & Tactical FOREX Trading (Part 1)
Expert: Wayne McDonell
Start: Thu, Feb 21, 14:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Feb 21, 14:00 GMT | MONTHLY WEBINAR: Strategic & Tactical FOREX Trading (Part 1) | Wayne McDonell | WBN |  |
| Thu, Feb 21, 16:00 GMT | MONTHLY WEBINAR: Strategic & Tactical FOREX Trading (Part 2)  | Wayne McDonell | WBN | |
| Fri, Feb 22, 11:00 GMT | What Moves Currencies? − Weekly Wrap−Up | Tony Juste | WBN |  |
| Fri, Feb 22, 12:00 GMT | FX Instructor Live Trading Room | Mihai Marinescu | WBN |  |
Current Session: Europe − U.S.
EUR/USD
FX Advisor's Blog − Beware perma−EUR bulls... by FXstreet.com
Despite the 'rise' seen from yesterday, the unit has NOT been able to break the projected line (the extreme of the intraday uptrend range) @ 1.4750, although it has tested it 4 times today. What does this mean? That the 'strength', if any, is not for real (at least for now), and that fast shorts may end up in very decent pips. This ain't over... and I still see it down...
- Trading Gaps in the Forex 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
EUR/JPY Daily Technical Forex − EUR/JPY Daily Technical Forex by Stoploss.ch
Majors at a Glance
- EUR/USD
- Moves up towards first resistant level 1.4758
02/21/2008 11:03 GMT - GBP/USD
- Moves up towards first resistant level 1.9493
02/21/2008 11:04 GMT - USD/CHF
- Moves down below pivot level 1.0984
02/21/2008 11:04 GMT - USD/JPY
- Trades around opening price level 108.08 , above pivot level 107.98
02/21/2008 11:05 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 INITIAL JOBLESS CLAIMS
| Date (GMT) | Event | Cons. | Previous | |
| Feb 21 | 13:30 | Continuing Jobless Claims | 2760K | 2761 |
| Feb 21 | 13:30 | Initial Jobless Claims | 345K | 348 |
OUTLOOK Highlights of US economic data to be released this week (Thomson Financial News)
The number of people filing first−time claims for unemployment are expected to total 348,000 in the week ending February 16, the same as in the previous week.
[ Full Story ]Top Market Movers Review
UK RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 21 | 09:30 | Retail Sales (YoY) | 5.6% | 4.7% | 2.7% |
| Feb 21 | 09:30 | Retail Sales (MoM) | 0.8% | 0.3% | -0.4% |
UK retail sales post a larger than expected growth in January (FXstreet.com)
Retail sales volume has increase more than twice as expected in January fuelled by sales in food and household stores, according to the latest data by National Statistics.
[ Full Story ]- Read the Retail Sales data at National Statistics
- UPDATE: UK Retail Sales Jump Suggests Gradual BOE Rate Cuts (Dow Jones)
- Forex − Pound jumps after very strong UK retail sales UPDATE (Thomson Financial News)
- Forex − Pound jumps after very strong UK retail sales (Thomson Financial News)
EMU CURRENT ACCOUNT S.A
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 21 | 09:00 | Current Account s.a | -10.3B | 0.2B | 2.3B |
| Feb 21 | 09:00 | Current Account n.s.a | 1.9B | - | 2.7B |
DATA SNAP: Euro−Zone Dec Adj Curr Acct Swings To Deficit (Dow Jones)
The euro zone's seasonally adjusted current account swung into deficit as direct and portfolio investment money flowed out of the region, data from the European Central Bank showed Thursday.
[ Full Story ]- Read the Current Account data at ECB
- Euro zone Dec current account deficit 10.3 bln eur vs Nov surplus 2.3 bln UPDATE (Thomson Financial News)
- Euro Zone Current Account Balance falls well into deficit in December (FXstreet.com)
- Euro zone Dec current account deficit 10.3 bln eur vs surplus 2.3 bln in Nov (Thomson Financial News)
EMU economic indicators - The February RBS PMI manufacturing index for the EMU is likely to have decreased by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 21 | 08:15 | CH | Producer and Import Prices (MoM) (Jan) | 0.5% | -0.1% | -0.1% |
| 08:15 | CH | Producer and Import Prices (YoY) (Jan) | 3.7% | 3.1% | 2.7% | |
| 09:00 | EMU | Current Account n.s.a (Dec) | 1.9B | 2.7B |
||
| 09:00 | EMU | Current Account s.a (Dec) | -10.3B | 0.2B | 2.3B |
|
| 09:30 | UK | Retail Sales (MoM) (Jan) | 0.8% | 0.3% | -0.4% | |
| 09:30 | UK | Retail Sales (YoY) (Jan) | 5.6% | 4.7% | 2.7% | |
| 13:30 | US | Continuing Jobless Claims (Feb 9) | 2760K | 2761 | ||
| 13:30 | US | Initial Jobless Claims (Feb 16) | 345K | 348 | ||
| 15:00 | US | Leading Indicators (MoM) (Jan) | -0.1% | -0.2% | ||
| 15:00 | US | Philadelphia Fed Manufacturing Survey (Feb) | -10.0 | -20.9 | ||