Tuesday, Jul 08, 11:16 GMT
U.S. Trading Newsletter
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Live Sessions Schedule
Dan Blystone's Weekly Briefing
Expert: Dan Blystone
Start: Tue, Jul 8, 12:30 GMT
Type of Session: Webinar
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, Jul 8, 14:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Jul 8, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Jul 8, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Tue, Jul 8, 12:30 GMT | Dan Blystone's Weekly Briefing | Dan Blystone | WBN | |
| Tue, Jul 8, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: Europe − U.S.
EUR/USD
Daily Technical Strategist − EURUSD: EUR Halts Corrective Pullback, Bounces Off Its Daily 50 Ema by FXTechstrategy
EUR remains firmly above the 1.5650 level( June 20'08 high) having traded lower intra day and later taking back those losses to close higher on Monday after bouncing off its daily ema currently located at 1.5629.While this development continues to playout,the pair is expected to head to the upside reducing its decline off the 1.5908 level taking into account an invalidation of the 1.5817/42 zone, its May 27'08/Jun 09'08 which defines the upper trading range in EUR.
- 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 FX Report − On Monday oil price retreat and speculation that the G8 members will encourage further USD gains comes up by Varengold Wertpapierhandelsbank AG
Currency Snapshot − A Dang Good Year for AUDCAD … So Far! by Black Swan Capital
Forex Economic Analysis − Forex Technical Analysis on Majors by www.deltastock.com
Currency Performance
Action Bias Summary Table − Action Bias Summary Table by ActionForex.com
FX Analysts' Comments
Majors for today by Valeria Bednarik, Analyst at MolFX − Management
Harmonics again !!! by Sunil Mangwani, CEO at FibForex123
Forex Signals
Recent Recommended Trades by AceTrader
Majors at a Glance
- EUR/USD
- Trades around pivot level 1.5697
07/08/2008 10:27 GMT - GBP/USD
- Moves down below pivot level 1.9746
07/08/2008 10:27 GMT - USD/CHF
- Trades around opening price level 1.0267 , below pivot level 1.0277
07/08/2008 10:27 GMT - USD/JPY
- Moves down towards first support level 106.64
07/08/2008 10:27 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 FED'S BERNANKE SPEECH
| Date (GMT) | Event | Cons. | Previous | |
| Jul 8 | 12:30 | Fed's Bernanke Speech | - | - |
Weekly Review and Outlook − EUR/USD Pullback on Trichet, Fedspeaks ahead by ActionForex.com
The economic calendar of US is rather light this week. Nevertheless, markets will be busy listening to speeches from a number of Fed officials including Yellen on Monday and Thursday, Bernanke and Lacker on Tuesday.
[ Full Story ]Forex Analysis on Majors - today Ben Bernanke may hint at further position of FRS by Forex Ltd
European and US summary - Dollar Eases, Awaits Fed Speeches by Forexnews.com
Top Market Movers Review
UK DCLG HOUSE PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 8 | 09:00 | DCLG House Price Index (YoY) | 3.7% | 3.5% | 4.9% |
UK DCLG house prices growth continue slowing down in May (FXstreet.com)
Housing prices continue growing in year on year terms, although the growing pace is becoming slower every month, according to the latest research by the Communities and local Government.
[ Full Story ]- House Price Index − May 2008 at Department of Communities and Local Government
- UK May house prices up 3.7 pct yr−on−yr vs 4.9 pct growth in April − govt data (Thomson Financial News)
- United Kingdom: DCLG House Price Index grows 3.7%year on year in May (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 7 | 23:01 | UK | NIESR GDP Estimate (Jun) | 0.2% | 0.2% | 0.2% |
| 23:50 | JP | Money Supply M2+CD (YoY) (Jun) | 2.3% | 2.1% | 2.0% | |
| Jul 8 | 01:30 | AU | National Australia Bank's Business Conditions (Jun) | -9 | -4 | |
| 05:00 | JP | Eco Watchers Survey: Current (Jun) | 32.1 | 35.1 | ||
| 05:00 | JP | Eco Watchers Survey: Outlook (Jun) | 29.5 | 32.1 | ||
| 09:00 | UK | DCLG House Price Index (YoY) (May) | 3.7% | 3.5% | 4.9% | |
| 12:30 | US | Fed's Bernanke Speech | ||||
| 14:00 | US | Pending Home Sales (MoM) (May) | -2.5% | 6.3% | ||
| 14:00 | US | Wholesale Inventories (May) | 0.7% | 1.3% | ||
| 19:00 | US | Consumer Credit (May) | $7.0B | $8.9B | ||