Monday, Jul 27, 11:21 GMT
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Forex Blogs
The Trader's Edge: EUR/USD − A little more push? by Ross Yamashita
Pulling up the EUR/USD, in the shorter term (meaning today's European and NY session), look for the price to go down a little and then potentially head up to the 1.4280 − 1.4340 area.
FX Market Readings: EURO and GBP are expected to swing and rise... by Dr. S. Sivaraman
FX Path: Forex Levels to Watch (Week of Jul 27-31, 2009) by James Chen
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Live Sessions Schedule
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Jul 27, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Jul 27, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jul 27, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, Jul 27, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Jul 27, 22:30 GMT | Trading Day's Live Wrap Up | Valeria Bednarik | WBN |  |
| Tue, Jul 28, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
Current Session: Europe − U.S.
The pair continues to attack the 1.4350 resistance line
Swiss e Trade AG − The pair continues to attack the 1.4350 resistance line at the start of the week, while retreating a little in the early European hours, and is trading currently at 1.4250. We still see the 1.4350 zone not being surpassed and expect downward correction moves to the zones around 1.4100.
GBP/USD
GBP/USD Daily: Still in an upward channel but within a narrower range by FXstreet.com Independent Analyst Team
We are still in the upward trend channel but we are starting to get squeezed with the range closing down to 1.6175 − 1.6756 (trend line and previous high). Moving averages are mixed. We had a solid down day on Friday. All the oscillators are flat.
USD/JPY
An early breakthrough could mean the end of the bearish trend by Varengold Wertpapierhandelsbank AG
Especially noticeable is the breakthrough of the short and medium term MA through the long MA. This long signal is offset by a very high Momentum, which is decreasing. However, there seems to be a very strong resistance at 95.08.
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
US NEW HOME SALES
| Date (GMT) | Event | Cons. | Previous | |
| Jul 27 | 14:00 | New Home Sales (MoM) | 2.3% | -0.6% |
| Jul 27 | 14:00 | New Home Sales | 350K | 342K |
Friday Notes - In June, sales likely pulled back somewhat by UniCredit Group
After plummeting by 75% since mid−2005, sales of new homes apparently found a bottom at the beginning of this year. Since January, they are moving within a narrow range of about 330k to 350k units. In June, sales likely pulled back somewhat as mortgage rates surged at the beginning of the month. We do not think, however, that they will fall below their January low of 329k.
[ Full Story ]Top Market Movers Review
EMU M3
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 27 | 08:00 | M3 (YoY) | 3.5% | - | 3.7% |
DATA SNAP: Euro−Zone Pvt Sector Loan Growth Cools Further (Dow Jones)
Lending to the euro−zone's private sector cooled in June, and money−supply growth declined to the slowest rate in the area's history, highlighting severe financing strains for companies and households.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 27 | 06:00 | DE | Gfk Consumer Confidence Survey | 3.5 | 3.0 |
|
| 06:00 | DE | Import Price Index (MoM) | 0.4% | 0.9% | 0.0% | |
| 06:00 | DE | Import Price Index (YoY) | -11.3% | -10.4% | ||
| n/a | UK | Nationwide Housing Prices n.s.a (YoY) | -9.3% | |||
| n/a | UK | Nationwide Housing Prices s.a (MoM) | 0.9% | |||
| 08:00 | EMU | M3 (YoY) | 3.5% | 3.7% | ||
| 14:00 | US | New Home Sales | 350K | 342K | ||
| 14:00 | US | New Home Sales (MoM) | 2.3% | -0.6% | ||
| 22:00 | US | Fed's Bernanke Speech | ||||
| 22:45 | NZ | Trade Balance | 858M | |||
Educational Resources
SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 39th Edition, Aug 7 2009 - Register now
Strategic & Tactical FOREX Trading (Part 1) - Webinar recording
Strategic & Tactical FOREX Trading (Part 2) - Webinar recording
The FX Bootcamp Guide to Strategic and Tactical Forex Trading - Wayne's book
FxBootcamp - Follow Wayne's Video Trade Journal Blog