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U.S. Trading Newsletter
The Forex Game: Training Week
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Live Sessions Schedule
Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Wed, Jun 25, 12:30 GMT
Type of Session: Webinar
Main Fundamental theme in the Currency
Expert: Boris Schlossberg
Start: Wed, Jun 25, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Jun 25, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Wed, Jun 25, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN | |
| Wed, Jun 25, 13:00 GMT | Main Fundamental theme in the Currency | Boris Schlossberg | WBN | |
| Wed, Jun 25, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: Europe − U.S.
EUR/USD
Technical Summary for Majors − Extended bounce off 1.5303 by Global Forex Trading
Extended bounce off 1.5303, 13 June low, to retrace over 61.8% of 1.5843/1.5303 decline, at 1.5652 on 20 June. Reversal from there followed, reaching 1.5469 on 23 June, ahead of the latest rebound to 1.5620, seen yesterday. Weakness from there has so far found support at 1.5537, but a rebound over 1.5595/1.5620 is required to avert the risk of head and shoulders top pattern being traced out and resume the short−term uptrend towards 1.5760/1.5818, before attempting at 1.5843.
- Dan Blystone's Daily Briefing − Webinar
- The Advisor Weblog by Valeria Bednarik, Analyst at MolFX − Management
- The Forex Game: Stop Losing Dollars... Win Duellars!
- Understanding The Exact Process Behind The Movement In Price Sam Seiden, Stocks, Futures, Forex and Options Trader Online Trading Academy
- Check out how pairs moved: Live Currency Rates & Charts
Other Topics for this Session:
Daily Trading Forecast − Waiting for the Fed Showdown by Swiss e Trade AG
Daily Forex News − Forex − Dollar weakens 16−year low US Consumer Confidence by ACM − Advanced Currency Markets
Banks' Analysis
Technical analysis: Short Sterling − Short Sterling – Sep 2008 by Mizuho Corporate Bank
Currency Performance
Action Bias Summary Table − Action Bias Summary Table by ActionForex.com
FX Analysts' Comments
Big moves expected from now.... by Dr. S. Sivaraman, of i−knowindices.com
Support and Resistance levels by Valeria Bednarik, Analyst at MolFX − Management
Majors at a Glance
- EUR/USD
- Moves down below pivot level 1.5560
06/25/2008 09:57 GMT - GBP/USD
- Moves down below pivot level 1.9685
06/25/2008 09:58 GMT - USD/CHF
- Trades around pivot level 1.0411
06/25/2008 09:58 GMT - USD/JPY
- Moves up above pivot level 107.79
06/25/2008 09:59 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 DURABLE GOODS ORDERS
| Date (GMT) | Event | Cons. | Previous | |
| Jun 25 | 12:30 | Durable Goods Orders | 0.0% | -0.5% |
| Jun 25 | 12:30 | Durable Goods Orders ex Transportation | -0.9% | 2.5% |
US economic indicators - Durable goods orders could have risen slightly in May due to transportation by BHF−Bank
Durable goods fell by 0.5% mom in April, but partly due to the strength in non−defense capital goods orders ex aircraft, durable goods orders ex transportation rose by 2.5% mom, after a 1.7% increase mom in March.
[ Full Story ]Top Market Movers Review
UK CBI DISTRIBUTIVE TRADES SURVEY − REALIZED
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 25 | 10:00 | CBI Distributive Trades Survey − Realized (MoM) | -9 | -16 | -14 |
DATA SNAP: UK's CBI: June Retail Sales Volume −9 Vs May −14 (Dow Jones)
Sales volumes at U.K. retailers beat expectations in June, but volumes stayed weak in the face of rising inflation and declining confidence, a survey by the Confederation of British Industry showed Wednesday.
[ Full Story ]- Read the Distributive Trades Survey data at CBI
- UK retail sales improve unexpectedly in June but remain weak − CBI UPDATE (Thomson Financial News)
- UK retail sales improve unexpectedly in June but remain weak − CBI (Thomson Financial News)
- UK retail sales improve in June but remain in low levels (FXstreet.com)
EMU INDUSTRIAL NEW ORDERS S.A.
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 25 | 09:00 | Industrial New Orders (YoY) | 11.7% | 2.7% | -3.7% |
| Jun 25 | 09:00 | Industrial New Orders s.a. (MoM) | 2.5% | -0.5% | -1.2% |
DATA SNAP: Euro−Zone Apr Indus Orders Growth At 6−Month High (Dow Jones)
Factory orders in the euro zone grew at their fastest pace in six months in April, as new orders in almost every sector boosted the measure and reversed March's drop.
[ Full Story ]- Read the Industrial New Orders data at Eurostat
- UPDATE: Euro−Zone Apr Orders Surprisingly Strong; +2.5% MM (Dow Jones)
- Euro Zone industrial orders soar in April (FXstreet.com)
- Euro zone April industrial orders up 2.5 pct vs March, up 11.7 pct yr−on−yr (Thomson Financial News)
EMU economic indicators - EMU industrial new orders are expected to have decreased in April by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 25 | 08:30 | EMU | ECB Trichet's Speech | |||
| 09:00 | EMU | Industrial New Orders (YoY) (Apr) | 11.7% | 2.7% | -3.7% |
|
| 09:00 | EMU | Industrial New Orders s.a. (MoM) (Apr) | 2.5% | -0.5% | -1.2% |
|
| 10:00 | UK | CBI Distributive Trades Survey − Realized (MoM) (Jun) | -9 | -16 | -14 | |
| 11:00 | US | MBA Mortgage Applications (Jun 20) | -9.3% | -8.8% | ||
| 11:23 | DE | Consumer Price Index (MoM) (Jun)  | 0.3% | 0.6% | ||
| 12:30 | US | Durable Goods Orders (May) | 0.0% | -0.5% | ||
| 12:30 | US | Durable Goods Orders ex Transportation (May) | -0.9% | 2.5% | ||
| 14:00 | US | New Home Sales (May) | 512K | 526K | ||
| 14:00 | US | New Home Sales (MoM) (May) | -2.7% | 3.3% | ||