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Live Sessions Schedule
Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Tue, Jun 17, 12:30 GMT
Type of Session: Webinar
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, Jun 17, 14:00 GMT
Type of Session: Webinar
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| Tue, Jun 17, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN |  |
| Tue, Jun 17, 13:00 GMT | Using the MACD to spot trading points in the 4x−Market  | Adam Rosen | WBN | |
| Tue, Jun 17, 14:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN | |
| Tue, Jun 17, 15:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
Current Session: Europe − U.S.
GBP/USD
The Advisor Weblog − GBP free fall by FXstreet.com
GBP continues falling across the board after CPI publication, that rose beyond expectations, reduccing chances of new rate cuts in the near future (used till now, to solve the rest of the economic issues of the country); agaisnt Usd the pair seems quite over soll in smaller charts: next support levels will be at 1,9488 and the zone around 1.9460, also Gann number where we could expect an interesting rebound, if reached.
- Dan Blystone's Daily Briefing − Webinar
- Expert trading comments on latest moves at The Advisor Weblog by Valeria Bednarik, Analyst at MolFX − Management
- The Forex Game: Stop Losing Dollars... Win Duellars!
- Combining Fundamental and Technical Analysis S. Wade Hansen, Founder Profiting With Forex
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the Real Time Economic Calendar
Other Topics for this Session:
Currency Technical Report − Buy opportunities will emerge at any retracement towards 1.5440−60 and 1.5410 area by FXGreece
Daily Trading Forecast − Tug of War Continues by Swiss e Trade AG
Forex Economic Analysis − Forex Technical Analysis on Majors by www.deltastock.com
Banks' Analysis
One year outlook for GBP − One year outlook for GBP by Mizuho Corporate Bank
Currency Performance
Action Bias Summary Table − Action Bias Summary Table by ActionForex.com
FX Analysts' Comments
Week Ahead − June 16 − 20 by Jerry Furst, Director Investors Education Network
Break out set up on EURJPY − follow up by Phil Newton, Developer of Trading Strategies at TradingStrategies.info
Majors at a Glance
- EUR/USD
- Moves up above first resistant level 1.5548
06/17/2008 10:19 GMT - GBP/USD
- Moves up towards first resistant level 1.9725
06/17/2008 10:19 GMT - USD/CHF
- Moves down below first support level 1.0377
06/17/2008 10:19 GMT - USD/JPY
- Moves down below first support level 107.90
06/17/2008 10:19 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 BUILDING PERMITS
| Date (GMT) | Event | Cons. | Previous | |
| Jun 17 | 12:30 | Building Permits (MoM) | 960K | 978K |
Daily Forex Technical Report − An Eventful Day with UK CPI, German ZEW and US Data by ActionForex.com
From US, new residential construction data is expected to to show further deterioration in the housing markets in May. Housing starts is expected to drop further from 1.032M to 0.98M while building permits is expected to fall from 0.982m to 0.96m.
[ Full Story ]Top Market Movers Review
EMU TRADE BALANCE S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 17 | 09:00 | Trade Balance s.a. | €2.2B | - | -€1.1B |
| Jun 17 | 09:00 | Trade Balance n.s.a. | €2.3B | -€1.5 | -€1.5B |
DATA SNAP: Euro−Zone April Foreign Trade Surplus EUR2.3B (Dow Jones)
The euro zone recorded a foreign trade surplus in April, reversing March's deficit and suggesting that the euro's strength and weakening global demand aren't yet weighing on exports.
[ Full Story ]- Read the Trade Balance data at Eurostat
- UPDATE: Strong Export Growth Boosts Euro−Zone April Trade (Dow Jones)
- Euro Zone Trade posts a 2.3 billion surplus in April (FXstreet.com)
- Euro zone April trade surplus 2.3 bln euros vs deficit 1.5 bln euros in March (Thomson Financial News)
Germany ZEW SURVEY − ECONOMIC SENTIMENT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 17 | 09:00 | ZEW Survey − Economic Sentiment | -52.4 | -42.5 | -41.4 |
German ZEW June economic expectations index −52.4 points vs −41.4 in April (Thomson Financial News)
The ZEW research institute said its economic expectations index for Germany dropped to minus 52.4 points in June, from minus 41.4 points in May, well below the consensus estimate.
[ Full Story ]- Read the Economic Sentiment data at ZEW
- 2nd UPDATE: German ZEW Econ Expectations Plummet In June (Dow Jones)
- German ZEW June economic expectations index −52.4 pts vs −41.4 in April UPDATE (Thomson Financial News)
- UPDATE: German ZEW Econ Expectations Plummet In June (Dow Jones)
Friday Notes - Germany, ZEW: Bearish financial market experts by HVB Group
UK CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 17 | 08:30 | Consumer Price Index (MoM) | 0.6% | 0.4% | 0.8% |
| Jun 17 | 08:30 | Consumer Price Index (YoY) | 3.3% | 3.2% | 3.0% |
| Jun 17 | 08:30 | Core Consumer Price Index (YoY) | 1.5% | 1.5% | 1.4% |
DATA SNAP: UK May CPI Up More Than 3%; Triggers BOE Letter (Dow Jones)
U.K. consumer price inflation rose above 3.0% in May for only the second time since the Bank of England gained independence for setting interest rates, forcing the central bank's governor to write an explanatory letter to the government.
[ Full Story ]- Read the CPI data at National Statistics
- UPDATE: UK May CPI Up More Than 3%; Triggers BOE Letter (Dow Jones)
- Forex − Pound falls as high UK CPI inflation bodes ill for economy (Thomson Financial News)
- UK May annual CPI inflation rises to 3.3 pct, BoE's King to write to Darling (Thomson Financial News)
Daily Forex Technical Report − An Eventful Day with UK CPI, German ZEW and US Data by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 17 | 08:30 | UK | Core Consumer Price Index (YoY) (May) | 1.5% | 1.5% | 1.4% |
| 09:00 | TR | Interest Rate Decision | 16.25% | 15.75% | ||
| 09:00 | EMU | Trade Balance n.s.a. (Apr) | €2.3B | -€1.5 | -€1.5B |
|
| 09:00 | EMU | Trade Balance s.a. (Apr) | €2.2B | -€1.1B |
||
| 09:00 | DE | ZEW Survey − Economic Sentiment (Jun) | -52.4 | -42.5 | -41.4 | |
| 09:30 | UK | BoE Inflation Letter | ||||
| 12:30 | US | Building Permits (MoM) (May) | 960K | 978K | ||
| 12:30 | CA | Canadian Investment in Foreign Securities (Apr) | $3.33B | |||
| 12:30 | US | Current Account (1Q) | -$174.1 | -$172.9B | ||
| 12:30 | CA | Foreign investment in Canadian securities (Apr) | $4.5 | $5.3B | ||