Monday, Aug 25, 11:10 GMT
U.S. Trading Newsletter
Forex Blogs
Recommended Readings
Trade Setups: Forex Video − Set ups 25 Aug '08 − Analysis by Phil Newton
UK Bank holiday today and to cut a long story short days like today are normally one of two extremes. Either we will see some mad dog movements OR we will see some sloppy, little or no movements due to reduced volumes during the UK session.
FX Market Readings: Early big moves by Dr. S. Sivaraman
1st on Forex: Week Ahead for August 25−29 Calendar by Jerry Furst
Live Sessions Schedule
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Aug 25, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Aug 25, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Aug 25, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, Aug 25, 15:15 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets  | Mark Whistler | WBN |  |
| Mon, Aug 25, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Tue, Aug 26, 08:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
Current Session: Europe − U.S.
USD/CHF
Forex Analysis on Majors − Forex Analysis on Majors by Forex Ltd
The pre−planned breakout variant for buyers has been realized with attainment of minimal assumed target. OsMA trend indicator having marked the relative rise of buyers' activity within the activity parity of both parties does not bring in clearness to a choice of planning priorities for today but because of chosen strategy it gives grounds to presume possible range movement of the rate in a medium−term future. Hence and because of descending direction of indicator chart with the features of overbought factor, we assume a possibility of rate return to supports, being limited by Senkou Span at 1.0950/70.
- Gbp/Usd and Usd/Jpy for today by Valeria Bednarik, Analyst at MolFX − Management
- Forex Swing Trading, Low Risk / High Reward Trading In The Largest by Sam Seiden, Stocks, Futures, Forex and Options Trader Online Trading Academy
- Institutional Trading Strategies by John Jagerson, Founder Profiting With Forex
- Check out how pairs moved: Live Currency Rates & Charts
Other Topics for this Session:
Daily Forex News − Forex − Dollar rose Friday helped by lower Crude Oil prices and Warren Buffer comments by ACM − Advanced Currency Markets
Weekly Report
Weekly Forex Outlook − Dollar Consolidating Gains, Pound under pressure by Easy Forex
Currency Performance Report
Action Bias Summary Table − Action Bias Summary Table by ActionForex.com
Majors at a Glance
- EUR/USD
- Moves up towards opening price level 1.4784 , below pivot level 1.4812
08/25/2008 10:02 GMT - GBP/USD
- Moves up back around opening price level 1.8505 , below pivot level 1.8601
08/25/2008 10:02 GMT - USD/CHF
- Moves down back around opening price level 1.0986 , above pivot level 1.0946
08/25/2008 10:03 GMT - USD/JPY
- Continues to trade around opening price level 110.09 , above pivot level 109.50
08/25/2008 10:03 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 EXISTING HOME SALES
| Date (GMT) | Event | Cons. | Previous | |
| Aug 25 | 14:00 | Existing Home Sales | 4.90M | 4.86M |
| Aug 25 | 14:00 | Existing Home Sales (MoM) | 0.8% | -2.6% |
Friday Notes - Existing home sales have bottomed out by HVB Group
After dropping 2½% in June, existing home sales likely rebounded in July. Such a movement has been signaled by the Pending Home Sales Index, which rose 5¼%.
[ Full Story ]- HIGHLIGHTS Outlook of US economic indicators to be released in the coming week (Thomson Financial News)
Daily Forex Technical Report − Dollar Edges Higher, Focus on Existing Home Sales by ActionForex.com
Weekly Forex Market Commentary - The US economic calendar will start on Monday with the release of the existing home sales report for July by Global Forex Trading
Top Market Movers Review
Japan BOJ'S GOVERNOR SHIRAKAWA SPEECH
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 25 | 06:00 | BoJ's Governor Shirakawa Speech | - | - | - |
HIGHLIGHTS−BOJ's Shirakawa says deep adjustment unlikely (Thomson Financial News)
Bank of Japan Governor Masaaki Shirakawa said on Monday the nation's economic growth will likely remain sluggish on high energy costs and slowing export growth, but a deep adjustment is unlikely.
[ Full Story ]- Read Masaaki Shirakawa Speech at BoJ
- BOJ Shirakawa: deep adjustment in Japan unlikely (Thomson Financial News)
- JGB futures hit 4−month high, Shirakawa awaited (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 24 | 22:45 | NZ | Food Price Index (MoM) (Jul) | 0.6% | 1.3% | |
| Aug 25 | 00:00 | UK | Late Summer Holiday | |||
| 06:00 | JP | BoJ's Governor Shirakawa Speech | ||||
| 14:00 | US | Existing Home Sales (Jul) | 4.90M | 4.86M | ||
| 14:00 | US | Existing Home Sales (MoM) (Jul) | 0.8% | -2.6% | ||
| 22:45 | NZ | Trade Balance (Jul) | -223M | |||
| 23:50 | JP | Corporate Service Price (YoY) (Jul) | 1.4% | 1.2% | ||
| Aug 26 | 03:00 | NZ | RBNZ Inflation Expectations q/q (3Q) | 2.7 | ||
| 06:00 | DE | Gfk Consumer Confidence Survey (Sep) | 2.0 | 2.1 | ||
| 06:00 | DE | Gross Domestic Product n.s.a (YoY) (2Q) | 3.1% | 1.8% | ||