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- Don't miss the Non-farm Payrolls Live Coverage Special 40th edition. With Wayne McDonell. Amazing prizes awaiting for you!
- Forex Trading Workshop - London – 20th & 21st September 2009, conducted by Fibonacci expert Sunil Mangwani
- WEBINAR VIDEOS: The second half of 2009 by Adam Rosen
- All the events of the day in our Economic Calendar
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Forex Blogs
Welcome to Tech Trading! by César B. Leiceaga
Hello everyone and welcome to my blog! I'm a full time trader that mainly concentrates on technical analysis to trade Foreign Exchange Markets. My method is simple, I use the Relative Strength Indicator (RSI), simple moving averages, Fibonacci and basic technical analysis patterns.
Trading for a Living: Pound is rejected at resistance levels by David Aranzabal
CEO's Blog: Tradency Announces Partnership With FXstreet.com by Francesc Riverola
Sponsored by 
Live Sessions Schedule
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, Sep 1, 14:00 GMT
Type of Session: Webinar
Drilling down, Support and Resistance
Expert: Triffany Hammond
Start: Tue, Sep 1, 16:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Sep 1, 08:00 GMT | London Session Scenarios on GBPUSD & GBPJPY | Mihai Marinescu | WBN |  |
| Tue, Sep 1, 13:00 GMT | Trading the markets around the clock  | Adam Rosen | WBN | |
| Tue, Sep 1, 14:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN | |
| Tue, Sep 1, 16:00 GMT | Drilling down, Support and Resistance | Triffany Hammond | WBN | |
Current Session: Europe − U.S.
The pair is in unchanged attempt to break the 1.4400
Swiss e Trade AG − The pair is in unchanged attempt to break the 1.4400 resistance line against the Dollar, trading now at 1.4325 in a slight retreat move. We still doubt that this line will be broken, at least not in today's trading. based on the overbought market. First we see the current retreat move to continue, to the 1.4290 level, and from there fresh upward momentum setting in, leading to levels around 1.4380 again.
GBP/USD
Current rebound above 1.6150 is corrective in nature by www.deltastock.com
Current rebound above 1.6150 is corrective in nature, thus precedes next leg downwards, to 1.5980. Intraday bias is still positive and a break below 1.6254 is needed to confirm, that a top is in place.
EUR/USD
EUR/USD: Euro retreats from 1.4378 day high, to 1.4330 by FXstreet.com
Euro recovery from Monday's low at 1.4255 low has been capped at 1.4378 day high, as the Euro retreated to hit levels around 1.4330. At the moment of writing, the Euro moves around 1.4345.
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 ISM MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| Sep 1 | 14:00 | ISM Manufacturing | 50.5 | 48.9 |
Monitor - US: ISM preview, August by Danske Bank A/S
Last month ISM surprised on the upside with a strong reading of 48.9 up from June's reading of 44.8. The improvement in the overall index was driven by the solid increases in the sub components such as New Orders and Production, while the Inventory index remained low. Most of the local indices have this month shown increases in the overall indices. Furthermore the sub components Production, New Orders and Employment rose in almost all local indices. The price indices have increased compared to last month.
[ Full Story ]US economic indicators - ISM indices (Aug): manufacturing index is the first to reach expansion threshold by BHF−Bank
Top Market Movers Review
EMU UNEMPLOYMENT RATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 1 | 09:00 | Unemployment Rate | 9.5% | 9.5% | 9.4% |
Top Fundamental Stories - Unemployment Spikes in Euro Zone While PMI Manufacturing Improves by ecPulse.com
Today in the euro zone, we see that our calendars are full of economic data, while there is increasing support that the worst of this global recession is ending, as main sectors that helped aid economic growth eased the pace of contraction, despite of unemployment rates, which are still considered high according to nations.
[ Full Story ]- Read the Employment data at Eurostat
- Euro Zone Jul Unemployment Rate rises to 9.5% from 9.4% (FXstreet.com)
- DATA SNAP: Euro−Zone Jobless Rate Rises To 9.5% In July (Dow Jones)
Top Fundamental Stories - Europe Ahead: Unemployment Inclines in Euro Zone, While PMI Manufacturing Shows Further Expansion in U.K. by ecPulse.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 1 | 08:30 | UK | M4 Money Supply (MoM) (Jul) | 1.5% | -0.3% | |
| 08:30 | UK | M4 Money Supply (YoY) (Jul) | 14.5% | 13.3% | ||
| 08:30 | UK | Mortgage Approvals (Jul) | 50.00K | 51.00K | 47.58K | |
| 08:30 | UK | Net Lending to Individuals (Jul) | £-0.6B | £0.3B | £0.2 |
|
| 08:30 | UK | Purchasing Manager Index Manufacturing (Aug) | 49.7 | 51.5 | 50.2 |
|
| 09:00 | EMU | Unemployment Rate (Jul) | 9.5% | 9.5% | 9.4% | |
| 14:00 | US | Construction Spending (MoM) (Jul) | -0.1% | 0.3% | ||
| 14:00 | US | ISM Manufacturing | 50.5 | 48.9 | ||
| 14:00 | US | Pending Home Sales (MoM) (Jul) | 1.5% | 3.6% | ||
| 21:00 | US | ABC/Washington Post Consumer Confidence (Aug 30) | -45 | |||
Educational Resources
Video Forex Trading Program: Day 21 − The Fundamentals − Market Correlations
4Xlounge.com's 30−day Trading Program is an EXCLUSIVE course made of 30 short movies. From technical indicators to strategies and risk management, through major economic data and trendlines, all the basics of Forex are covered. Watch today's lesson: Day 21 − The Fundamentals −Market Correlations