In This Issue
Reports and Expiration Notices
Cannon Trading is the location for sophisticated traders to gain easy access to the largest, most liquid market in the world--foreign exchange.
We are proud to share with you what we feel is an innovative forex trading platform allowing real-time spot foreign exchange execution via the Internet. We want to provide you with efficient, reliable service and ensure a great trading experience.
About the Trading Platform
Whether you are a fundamental trader or technical trader, a forex beginner or professional forex money manager, DealBook® FX 2 is the FX trading platform designed for forex traders by forex traders. Finally, forex traders have access to all of the resources once thought to be only available to the world's largest banks.
DealBook® FX 2 supports multiple currencies so forex traders do not need to familiarize themselves with another base currency when trading forex through Cannon. This new DealBook® FX 2 feature supports major denominations, including the Euro, Japanese yen, Australian dollar, Swiss franc, Great Britain pound and the Polish Zloty.
DealBook® FX offers you a natural setting for determining your real-time profits/losses and understanding your account statements freeing up your time to focus on your forex trading. The new multicurrency feature is one of the many good reasons to trade forex with Cannon.
Sign up now and get started immediately.
SEP '06 SWISS FRANC ** FIGHTING BACK **
- The SEP '06 SWISS FRANC fought its way back into a higher lean Tuesday, and is looking to continue with action sustained above 8152. A penetration of 8227 keeps this currency in a Bull lean, targeting 8244 and 8262. A stall here is projected. However, a breach of 8305 gives this currency the legs for an extended run, targeting 8358. 8421 and 8446 are the next key objectives with 8500 as the current extreme.
- Trading below 8187 has this market in an immediate lower digest, pressing 8152. Negative ideas need to find support above here. Otherwise, this contract flirts with an exhaustive slide, targeting 8105. The 8066 - 8050 support band is the last chance for a stand. Any held weakness below here has the potential to extend losses down to 7969 and 7885.
Want more reports like this? Sign up for a free Price Map trial from JS Services.
Disclaimer:
Trading commodity futures and options involves substantial risk of loss. The recommendations contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results. This is not a solicitation of any order to buy or sell, but a current futures market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
|---|---|---|
| 07/13 Thu |
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly 9:30 AM CDT - EIA Gas Storage 1:00 PM CDT - Treasury Budget(Jun) 3:30 PM CDT - Money Supply |
|
| 07/14 Fri |
7:30 AM CDT - Business Inventories(May)
7:30 AM CDT - Import & Export Prices(Jun) 7:30 AM CDT - Retail Sales(Jun) 8:50 AM CDT - Michigan Sentiment-Prel(Jul) 2:00 PM CDT - Dairy Products Prices |
LT: July Corn(CBT)
July Oats(CBT) July Wheat(CBT) July Soybeans(CBT) July Soy Meal & Oil(CBT) July Lumber(CME) July Cocoa(NYBOT) July Currencies(CME) |
| 07/17 Mon |
7:30 AM CDT - NY Empire State Index(Jul)
8:15 AM CDT - Capacity Util & Indus Prod(Jun) |
FN: Jul Lumber(CME)
LT: Jul LIBOR(CME) Jul LIBOR Options(CME) Jul Lean Hogs(CME) Jul Lean Hogs Options(CME) Jul US T-Bill(CME) Jul Eurodollar Options(CME) Aug Crude Oil Options(NYM) |
| 07/18 Tue |
7:30 AM CDT - PPI & Core PPI(Jun) 8:00 AM CDT - Net Foreign Purchases(May) |
LT: Jul GSCI(CME)
|
| 07/19 Wed |
7:30 AM CDT - Housing Starts & Building Permits(Jun) 7:30 AM CDT - CPI & Core CPI(Jun) 9:30 AM CDT - API & DOE Energy Stats |
LT: Jul Coffee(NYBOT)
Aug Platinum Options(NYM) Aug E-Mini Crude Oil(eNYM) |
| 07/20 Thu |
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly 9:00 AM CDT - Leading Indicators(Jun) 9:30 AM CDT - EIA Gas Storage 11:00 AM CDT - Philadelphia Fed(Jul) 1:00 PM CDT - FOMC Minutes(Jun 29) 3:30 PM CDT - Money Supply |
LT: Jul Rough Rice(CBT)
Aug Crude Oil(NYM) |
* Please note that the information contained in this letter is intended for clients, prospective clients, and audiences who have a basic understanding, familiarity, and interest in the futures markets.
** The material contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.
*** This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!