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Technical Analysis Bootcamp: The indicators you need to know and how to interpret them
Expert: Dan Blystone
Start: Tue, Apr 8, 14:00 GMT
Type of Session: Webinar
Longer−term Support and Resistance Trading: Setups and Rules
Expert: Rob Booker
Start: Tue, Apr 8, 16:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Apr 8, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Apr 8, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Tue, Apr 8, 13:30 GMT | Forex with Ed Ponsi | Ed Ponsi | WBN | |
| Tue, Apr 8, 14:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN | |
Current Session: Europe − U.S.
USD/JPY
Market Session Recaps − The USD/JPY was also affected by Greenspan by FOREX.com
USD/JPY was also affected by Greenspan, who spoke via satellite to a conference in Tokyo, explaining that the extent of sub−prime losses won't be known for ''months''. The pair it moved from 102.40 to 102.14. As well, there is fear that the BoJ will signal that the Japanese economy is growing weaker.
- Main technical theme in the currency market by Jamie Saettele, Technical Currency Analyst FXCM
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Currency Performance
Action Bias Summary Table − Action Bias Summary Table by ActionForex.com
FX' Signal
Recent Recommended Trades by AceTrader
Majors at a Glance
- EUR/USD
- Back around first resistant level 1.5756
04/08/2008 09:51 GMT - GBP/USD
- Moves down towards second support level 1.9772
04/08/2008 09:51 GMT - USD/CHF
- Back below pivot level 1.0119
04/08/2008 09:54 GMT - USD/JPY
- Trades around pivot level 102.25
04/08/2008 09:55 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 PENDING HOME SALES
| Date (GMT) | Event | Cons. | Previous | |
| Apr 8 | 14:00 | Pending Home Sales (MoM) | -1% | 0% |
Wakeup Call on Forex Markets - The Positive Sentiment Slowly Withering Ahead Of US Pending Home Sales by Saxo Bank
Expectations for today's US Pending Home Sales for the month of February are broadly negative, with the median estimate at −1%. Lower property prices and stricter lending criteria have added to the housing slowdown, signaling that the very bottom is yet to be reached.
[ Full Story ]- OUTLOOK Highlights of US economic indicators to be released in the coming week (Thomson Financial News)
Top Market Movers Review
UK HALIFAX HOUSE PRICES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 8 | 07:00 | Halifax House Prices (YoY) | 1.1% | - | 4.2% |
| Apr 8 | 07:00 | Halifax House Prices (MoM) | -2.5% | - | -0.4% |
UK March house prices fall massive 2.5 percent from Feb − Halifax UPDATE (Thomson Financial News)
UK house prices registered their biggest monthly fall in over 15 years in March, the country's leading mortgage lender said. Halifax, which is part of the HBOS banking group, said house prices dropped 2.5 pct month−on−month.
[ Full Story ]- Halifax homepage
- Forex − Pound falls on soft Halifax survey; FOMC minutes in view (Thomson Financial News)
- UK Halifax house prices index falls 2.5% in March (FXstreet.com)
- United Kingdom Halifax House Prices decline 2.5% in Mar; 1.1% up on the year (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 7 | 20:00 | US | Treasury Secretary Paulson speech | |||
| 22:00 | NZ | NZIER Business Confidence (1Q) | -64 | -26 | ||
| Apr 8 | 01:30 | AU | National Australia Bank's Business Conditions (Apr) | -4 | -2 | |
| 04:00 | JP | BoJ Monetary Policy Meeting | ||||
| 07:00 | UK | Halifax House Prices (MoM) (Feb) | -2.5% | -0.4% |
||
| 07:00 | UK | Halifax House Prices (YoY) (Feb) | 1.1% | 4.2% | ||
| 12:15 | CA | Housing Starts s.a (YoY) (Mar) | 225.0K | 256.9K | ||
| 14:00 | US | Pending Home Sales (MoM) (Feb) | -1% | 0% | ||
| 18:00 | US | FOMC Minutes (Mar 18) | ||||
| 21:00 | US | ABC Consumer Confidence (Apr) | -33 | |||