Thursday, Sep 25, 11:03 GMT
U.S. Trading Newsletter
To Get Started
- Webinar Videos: Understand & Use Fibonacci Ratio’s Effectively by Sunil Mangwani
- Special Coverage - Bernanke's and Paulson's testimonies by FXstreet.com
- Streaming Forex Charts - 22 currency pairs and 21 technical indicators, FREE! by Netdania/FXCM
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Forex Blogs
The Advisor Blog: Gbp/Usd in the short term by Valeria Bednarik
The pair remains bullish in 4 Hours charts, and quoting around 1.8600, well above the daily 38.2% Fibonacci level and guided by an ascendant trend line, yet unable to continue for now, although a fresh 4 week high at 1.8668.
FX Path: The Self−Fulfilling Prophecy by James Chen
The Disciplined Trader: If your going to learn how to trade you need to learn how to lose by Pierre Charlebois
Live Sessions Schedule
How to Get Started Trading Forex
Expert: Mark Whistler
Start: Thu, Sep 25, 15:00 GMT
Type of Session: Webinar
Live Look at Today's Markets
Expert: Derek Frey
Start: Thu, Sep 25, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Sep 25, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Thu, Sep 25, 14:00 GMT | Combining Multiple Time Frames to Pin−Point Low Risk / High Reward Opportunity in Forex | Sam Seiden | WBN |  |
| Thu, Sep 25, 15:00 GMT | How to Get Started Trading Forex | Mark Whistler | WBN | |
| Thu, Sep 25, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
Current Session: Europe − U.S.
GBP/USD
Daily Forex News − Dollar get support from news Buffet 5bio in Goldman Sachs by ACM − Advanced Currency Markets
Cable posted 1.7447 low two weeks ago. It recently rose to 1.8669 high. On the upside, strong resistance holds 1.8795 21st August high. Former support 1.9363 holds also strong resistance. Key level holds 2.0100 resistance. Renewed weakness below 1.7447 may find support on 1.7422 (50% retracement of 1.3682 – 2.1161 advance). Strong support holds 1.7251 3rd April low.
- Fed Special Coverage Transcript by Valeria Bednarik
- Technical Analysis Bootcamp: The indicators you need to know and how to interpret them by Dan Blystone, Founder TradersLog.com
- Check out how pairs moved: Live Currency Rates & Charts
Other Topics for this Session:
Technical Summary for Majors − Technical Summary for Majors by Windsor Brokers Ltd
Daily Trading Forecast − Waiting for the Big Bailout by Swiss e Trade AG
Daily Forex and Dow Jones Recommended Levels − Fxtechtrade by FXtechtrade
Weekly Outlook
Weekly Forex Focus by Trading Central
Forex Analysts' Blog
The Eur/Usd for today by Valeria Bednarik, analyst and foreign manager at MolFX − Management
Currency Performance
Action Bias Summary Table − Action Bias Summary Table by ActionForex.com
Forex Signals
Recent Recommended Trades by AceTrader
Majors at a Glance
- EUR/USD
- Trades around first resistant level 1.4706
09/25/2008 10:03 GMT - GBP/USD
- Trades above first resistant level 1.8560
09/25/2008 10:05 GMT - USD/CHF
- Trades around first support level 1.0839
09/25/2008 10:06 GMT - USD/JPY
- Trades around pivot level 105.94
09/25/2008 10:06 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, GFT (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 | |
| Sep 25 | 12:30 | Durable Goods Orders | -1.5% | 1.3% |
| Sep 25 | 12:30 | Durable Goods Orders ex Transportation | -0.4% | 0.7% |
US economic indicators - Durable goods orders (August): down markedly mainly due to transportation by BHF−Bank
Durable goods orders increased by 1.3% mom in July, due to vehicle orders after the end of strike activities and to higher aircraft orders. However, Boeing's orders fell by half in August, and vehicle orders may have declined sharply too, in line with production figures.
[ Full Story ]Top Market Movers Review
EMU M3
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 25 | 08:00 | M3 (YoY) | 8.8% | 9.0% | 9.3% |
DATA SNAP: Euro−Zone Aug M3 +8.8% On Year Vs +9.1% In Jul (Dow Jones)
The pace of money supply growth in the euro zone decelerated again in August, amid slowing lending growth to the private sector. August broad M3 money supply growth was up 8.8% on the year, below July's 9.1% annual rise, the European Central Bank said Thursday.
[ Full Story ]- Read the M3 Money data at ECB
- UPDATE: Euro−Zone Aug M3 Growth Slows To 8.8% On Yr Vs 9.1% (Dow Jones)
- Euro−zone private loans slump to near 3−year low (Thomson Financial News)
- TABLE−Euro−zone M3, private loans ease in August (Thomson Financial News)
EMU economic indicators - M3 growth (July): slowed to 9% yoy by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 24 | 14:35 | US | EIA Crude Oil Stocks change (Sep 19) | -1.5M | -6.3M | |
| 23:50 | JP | Adjusted Merchandise Trade Balance (Aug) | ¥-113.3B | ¥112.5B | ¥172.4B | |
| 23:50 | JP | Corporate Service Price (YoY) (Aug) | 1.4% | 1.2% | 1.3% | |
| 23:50 | JP | Merchandise Trade Balance Total (Aug) | ¥-324.0B | -¥290.0B | ¥91.1B | |
| Sep 25 | 06:10 | DE | Gfk Consumer Confidence Survey (Oct) | 1.8 | 1.3 | 1.6 |
| 08:00 | EMU | M3 (YoY) (Aug) | 8.8% | 9.0% | 9.3% | |
| 12:30 | US | Continuing Jobless Claims (Sep 13) | 3520K | 3478K | ||
| 12:30 | US | Durable Goods Orders (Aug) | -1.5% | 1.3% | ||
| 12:30 | US | Durable Goods Orders ex Transportation (Aug) | -0.4% | 0.7% | ||
| 12:30 | US | Initial Jobless Claims (Sep 20) | 460K | 455K | ||