Tuesday, Jul 01, 11:21 GMT
U.S. Trading Newsletter
The Forex Game: Win a Sony Vaio
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- Webinar Videos: MONTHLY WEBINAR - Understanding The Creation Of Candles In Forex Trading by Sam Seiden
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Live Sessions Schedule
Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Tue, Jul 1, 12:30 GMT
Type of Session: Webinar
Profitable Day Trading in the Forex and Related Markets Series: Chapter II
Expert: Markus Heitkoetter
Start: Tue, Jul 1, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Jul 1, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Jul 1, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN |  |
| Tue, Jul 1, 14:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN | |
| Tue, Jul 1, 15:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
Current Session: Europe − U.S.
GBP/USD
The Advisor Weblog − GBP/USD remains strong, moving in an ascendant channel by Valeria Bednarik, Analyst at MolFX − Management
GBP/USD remains strong, moving in an ascendant channel, with no signs of exhaustion coming from indicators: above 2.0010, roof of the mentioned channel, the pair will find it's next resistance around 2.0033 and finally 2.0085, congestion zone. A correction will find supports at 1.9946 and the strong zone around 1.9890. A confirmation under this point could send the pair to the tough support around 1.9830.
- Dan Blystone's Daily Briefing − Webinar
- The Advisor Weblog by Valeria Bednarik, Analyst at MolFX − Management
- The Forex Game: Stop Losing Dollars... Win Duellars!
- Longer−term Support and Resistance Trading: Setups and Rules Rob Booker, Founder and Host TraderRadio.net
- Check out how pairs moved: Live Currency Rates & Charts
Other Topics for this Session:
Daily Trading Forecast − Range Trading for Today's Market by Swiss e Trade AG
EUR/USD Briefing − Euro to Raise Interest Rates? by Nexum Capital Markets
Weekly Analysis
FX Weekly Commentary − What's Next for EUR/USD? Next Month Will be Crucial for Dollar's Direction… by FXGreece
Weekly Analysis − The dollar's decline and the widening deficit by Finotec Group Inc.
Monthly Performance
Today's Technical Trading Points − Monthly Performance − June 2008 by Danske Bank A/S
FX Analysts' Comments
Gap time upward stop hunt in GBP before the drop.. by Dr. S. Sivaraman, of i−knowindices.com
More technical by Valeria Bednarik, Analyst at MolFX − Management
Majors at a Glance
- EUR/USD
- Trades around opening price level 1.5754 , below pivot level 1.5774
07/01/2008 10:19 GMT - GBP/USD
- Moves up above first resistant level 1.9966
07/01/2008 10:19 GMT - USD/CHF
- Trades around opening price level 1.0210 , above pivot level 1.0185
07/01/2008 10:19 GMT - USD/JPY
- Trades around pivot level 105.89
07/01/2008 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 ISM MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| Jul 1 | 14:00 | ISM Manufacturing | 49.0 | 49.6 |
US economic indicators - June ISM indices are likely to have deteriorated by BHF−Bank
The ISM manufacturing index had improved somewhat in May, albeit remaining below the expansion threshold. But the regional manufacturing indices published so far in June have all been weaker.
[ Full Story ]- Francesc's Weblog: Danske Bank expects a decline in June's ISM to 48.0 from 49.6 in May
Monitor - USA: Preview on June's ISM by Danske Bank A/S
Forex Trading Strategies - Busy, US−holiday shortened week ahead with US ISM, US Employment Report and ECB Rate Decision by Saxo Bank
Top Market Movers Review
EMU UNEMPLOYMENT RATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 1 | 09:00 | Unemployment Rate | 7.2% | 7.1% | 7.2% |
Euro Area unemployment rate, steady at 7.2% in May (FXstreet.com)
Euro Area's seasonally adjusted unemployment rate has remained unchanged in May from April, according to the latest figures by Eurostat. Unemployment rate has remained at 7.2% in May, unchanged from April.
[ Full Story ]- Read the Unemployment data at Eurostat
- DATA SNAP: Euro−Zone May Jobless Rate Holds Steady At 7.2% (Dow Jones)
- Euro zone May unemployment 7.2 percent, unchanged vs April (Thomson Financial News)
- EU Unemployment Rate remains steady at 7.2% in May (FXstreet.com)
EMU economic indicators - The harmonised EMU unemployment rate could have remained unchanged by BHF−Bank
EMU PMI MANUFACTURING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 1 | 08:00 | PMI Manufacturing | 49.2 | 49.1 | 50.6 |
Euro Zone manufacturing PMI falls into contraction levels in June (FXstreet.com)
Activity in the Euro Zone manufacturing session has failed to grow in June, as the PMI index has declined to 49.2, in a scale showing contraction of the sector's activity in figures below 50.
[ Full Story ]- NTC Economics homepage
- UPDATE: Euro−Zone June Mfg PMI Contracts, First Time In 3 Yrs (Dow Jones)
- Euro zone June manufacturing PMI at three−year low, inflation pressures mount (Thomson Financial News)
- Euro−Zone June Mfg PMI 49.2 Vs 50.6 In May − Sources (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 1 | 07:55 | DE | PMI Manufacturing (Jun) | 52.6 | 52.3 | 53.6 |
| 07:55 | DE | Unemployment Change (Jun) | -38K | -15K | 2K |
|
| 07:55 | DE | Unemployment Rate s.a. (Jun) | 7.8% | 7.9% | 7.9% | |
| 08:00 | EMU | PMI Manufacturing (Jun) | 49.2 | 49.1 | 50.6 | |
| 08:30 | UK | PMI Manufacturing (Jun) | 45.8 | 49.8 | 50.0 | |
| 09:00 | EMU | Unemployment Rate (May) | 7.2% | 7.1% | 7.2% |
|
| 14:00 | US | Construction Spending (MoM) (Jun) | -0.6% | -0.4% | ||
| 14:00 | US | ISM Manufacturing (Jun) | 49.0 | 49.6 | ||
| 21:00 | US | ABC/Washington Post Consumer Confidence (Jun 29) | -43 | |||
| Jul 2 | 01:30 | AU | Building Permits (MoM) (May) | -3.4% | 7.8% | |