Friday, Nov 28, 12:15 GMT
U.S. Trading Newsletter
Forex Essentials Course
21 lessons to get started in the Forex Market by LearningMarkets.com
From the Basics to the Portfolio Management, going through key topics for your learning such as Margin and Leverage, Support and Resistance, Fibonacci Analysis or Reversal Patterns. Specially built for beginners and for those who want to refresh their knowledge.
Definitely an extensive review of the Forex that you can't miss.
More educational resources in the education section
To Get Started
- Webinar Videos: Trade What Is Real, Not What You Feel: Quantifying Supply (resistance) and Demand (support) In The Forex Markets by Sam Seiden
- All the events of the day in our Economic Calendar
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Forex Blogs
Forex Trading Today: Watch the Skeletons tomorrow on Black Friday! by Tim Salem
In the meantime, watch Price action across the board tomorrow…the "Skeletons" we spoke of on Monday may surely be appearing with Low Volume equaling High Volatility.
Forexology: Gold again by Sunil Mangwani
Trade Setups: My Head Hurts! by Phil Newton
Live Sessions Schedule
US Pre−Market Open
Expert: Ed Ponsi
Start: Fri, Nov 28, 13:00 GMT
Type of Session: Webinar
Fibonacci Friday
Expert: Andrei Pehar
Start: Fri, Nov 28, 16:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Nov 28, 12:00 GMT | Live analysis of the Forex markets  | Sam Seiden | WBN |  |
| Fri, Nov 28, 13:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
| Fri, Nov 28, 14:00 GMT | FX Market Pulse | Raghee Horner | WBN | |
| Fri, Nov 28, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: Europe − U.S.
EUR/USD
USD Ranging in Thanksgiving Mood
Swiss e Trade AG − A touch of weakness hit the pair in early European hours, as it failed again to break the upper resistance level of its trading range at 1.2950. Currently trading at 1.2860, we expect some recovery moves to set in today, since 1.2850 represents the lower end of the trading range we project – with the upper end limited at 1.2950.
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USD/JPY
Daily Analysis − The Yen Hold Firm against the Dollar by Finotec Group Inc.
Speculations of a possible correction against the dollar were mounting in the last days when traders estimate the euro can recover toward the levels of 1.33/135.
USD/CHF
Daily Forex News − Market hit 1.2298 high on Friday by ACM − Advanced Currency Markets
1,5418. GBP USD is in a range between 1,5200 and 1,5530. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, i-knowindices.com, Mizuho Corporate Bank, MolFX - Management
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Canada CURRENT ACCOUNT
| Date (GMT) | Event | Cons. | Previous | |
| Nov 28 | 13:30 | Current Account | 5.1B | 6.8B |
Weekly Economic Letter - October: turning point for home resale markets in Canada? by National Bank of Canada
With energy prices softening and economic conditions deteriorating quickly in the United States, we expect consumer prices to head lower over the first half of next year as spare capacity builds in Canada and around the world. In other economic news, wholesale trade was reportedly up 1.5% in September, while the index of Leading Economic Indicators declined 0.4% in October.
[ Full Story ]Top Market Movers Review
UK CBI DISTRIBUTIVE TRADES SURVEY − REALIZED
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 28 | 11:00 | CBI Distributive Trades Survey − Realized (MoM) | -46 | - | -27 |
UK retail sales slump back to series low in Nov−CBI (Thomson Financial News)
British retail sales slumped in November when the falling housing market weighed on consumer spending and dragged the headline number back to August's series low, a survey indicated on Friday.
[ Full Story ]- Read the Distributive Trades Survey at CBI
- UPDATE 1−UK retail sales plunge back to series low in Nov−CBI (Thomson Financial News)
- TABLE−UK CBI Nov distributive trades survey (Thomson Financial News)
- UK CBI Retail Sales – Realized Index slumps further in November (FXstreet.com)
EMU CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 28 | 10:00 | Consumer Price Index (YoY) | 2.1% | 2.7% | 3.2% |
DATA SNAP: Euro−Zone Inflation Rate Posts Record Drop In Nov (Dow Jones)
The euro−zone inflation rate posted its biggest ever drop in November, paving the way for the European Central Bank to loosen monetary policy further as the currency bloc struggles with its first recession, official data showed Friday.
[ Full Story ]- Read the CPI data at Eurostat
- INSTANT VIEW 8−Euro zone inflation plunges, jobless climbs (Thomson Financial News)
- INSTANT VIEW 7−Euro zone inflation plunges, jobless climbs (Thomson Financial News)
- INSTANT VIEW 4−Euro zone inflation plunges, jobless climbs (Thomson Financial News)
Friday Notes - Eurozone inflation is expected to decelerate sharply in November by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 28 | 05:00 | JP | Annualized Housing Starts (Oct) | 1.027M | 1.126M | |
| 05:00 | JP | Housing Starts (YoY) (Oct) | 19.8% | 29.3% | 54.2% | |
| 10:00 | EMU | Consumer Price Index (YoY) (Nov) | 2.1% | 2.7% | 3.2% | |
| 10:00 | EMU | Unemployment Rate (Oct) | 7.7% | 7.6% | 7.6% |
|
| 10:30 | CH | KOF Leading Indicator (Nov) | -0.05 | 0.20 | 0.28 |
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| 11:00 | UK | CBI Distributive Trades Survey − Realized (MoM) (Nov) | -46 | -27 | ||
| 13:30 | CA | Current Account (Oct) | 5.1B | 6.8B | ||
| 13:30 | CA | Industrial Product Price (MoM) (Oct) | -1.1% | -1.2% | ||
| 23:00 | AU | Conference Board Australia Leading Index (Sep) | 0.4% | |||
| Dec 1 | 00:30 | AU | Company Gross Operating Profits (QoQ) (3Q) | 14.3% | ||