Friday, Feb 20, 16:49 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- WEBINAR VIDEOS: Professional Gaps vs Novice Gaps 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: U.S. CPI Slightly Positive and Boosts the Dollar by Tim Salem
Even though we "traditionally" see U.S. Data Points have more of a marked impact on the EUR/USD Unit… we will stay with our Dollar Canadian for one more Update. USD/CAD did, indeed, breakthrough both our little "minor" Trendline Resistance and the larger Weekly Triangle Resistance.
FX Path: EUR/GBP - Fallen Back to Support by James Chen
Find other felow traders to share your comments and market view in the FOREX CHAT
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Live Sessions Schedule
Understand & Use Fibonacci Ratios Effectively
Expert: Sunil Mangwani
Start: Mon, Feb 23, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Feb 23, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Feb 20, 16:00 GMT | Fibonacci Friday | Andrei Pehar | WBN |  |
| Mon, Feb 23, 10:00 GMT | Understand & Use Fibonacci Ratios Effectively | Sunil Mangwani | WBN | |
| Mon, Feb 23, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN | |
| Mon, Feb 23, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Feb 23, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
Current Session: U.S.
Yesterday's upper rejection at 1.2762 suggests lower top in place
Windsor Brokers Ltd − Broke a 3 month bull trendline at 1.2720, reaching 1.2513 so far. Yesterday's upper rejection at 1.2762 suggests lower top in place for fresh weakness towards 1.2513, then 1.2423.
Res: 1.2647, 1.2706, 1.2762, 1.2806
Sup: 1.2528, 1.2513, 1.2423, 1.2388
.
Negative opening in Wall Street, Euro and Pound hold above support levels by FXstreet.com
GBP/USD followed a similar pattern dropping to 1.4373 to some pips above support level at 1.4225, to pull up afterwards past 1.4320 on its way to today's high at 1.4373.
Gold Daily Technical Outlook − Gold's really resumes after brief retreat and reaches 996.9 so far by Oil N' Gold
Gold's really resumes after brief retreat and reaches as high as 996.9 so far. At this point, intraday bias remains on the upside as long as 969.6 minor support holds.
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
GBP USD, Hourly
EUR USD, Hourly
Top Market Movers Preview
Canada RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Feb 23 | 13:30 | Retail Sales (MoM) | -2.4% | -2.4% |
| Feb 23 | 13:30 | Retail Sales ex Autos (MoM) | -1.5% | -2.3% |
Trading News Report - USD/CAD: Trading the Canadian Retail Sales Report by FXCM
The Canadian dollar is likely to face increased selling pressures over the follow week as economists forecast retail spending to contract another 2.4% in December. As the world's eighth largest economy faces its first economic slump since 1992, the outlook for growth remains bleak, and economic activity throughout the region is expected to weaken further as the labor market deteriorates at a record pace
[ Full Story ]Top Market Movers Review
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 20 | 13:30 | Consumer Price Index (MoM) | 0.3% | 0.3% | -0.8% |
| Feb 20 | 13:30 | Consumer Price Index Ex Food & Energy (MoM) | 0.2% | 0.1% | 0.0% |
| Feb 20 | 13:30 | Consumer Price Index (YoY) | 0.0% | -0.1% | 0.1% |
| Feb 20 | 13:30 | Consumer Price Index Ex Food & Energy (YoY) | 1.7% | 1.5% | 1.8% |
DATA SNAP: US Annual CPI At 53−Year Low But Deflation Fears Ease (Dow Jones)
U.S. annual inflation vanished for the first time in over half a century, a government report showed, as the severe recession and sharp decline in energy prices since last summer led to a rapid reversal in price pressures.
[ Full Story ]- Read the CPI data at Labor Department
- 3rd UPDATE:US Annual CPI At 53−Year Low, But Deflation Fears Ease (Dow Jones)
- 2nd UPDATE: Annual CPI At 53−Year Low But Deflation Fears Ease (Dow Jones)
- UPDATE: Annual CPI At 53−Year Low But Deflation Fears Ease (Dow Jones)
US economic indicators - Inflation data (Jan): annual rates in negative territory by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 20 | 13:30 | US | Consumer Price Index Ex Food & Energy (MoM) (Jan) | 0.2% | 0.1% | 0.0% |
| 13:30 | US | Consumer Price Index Ex Food & Energy (YoY) (Jan) | 1.7% | 1.5% | 1.8% | |
| Feb 23 | 00:00 | UK | Nationwide Housing Prices n.s.a (YoY) | -16.7% | ||
| 00:00 | UK | Nationwide Housing Prices s.a (MoM) | -1.3% | |||
| 02:00 | NZ | Credit Card Spending | -3.9% | |||
| 13:30 | CA | Retail Sales (MoM) | -2.4% | -2.4% | ||
| 13:30 | CA | Retail Sales ex Autos (MoM) | -1.5% | -2.3% | ||