Thursday, Sep 17, 16:19 GMT
ASIA-PACIFIC Trading Newsletter
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Forex Blogs
Tech Trading: USD/JPY Possible double bottom by César B. Leiceaga
The intra−day low at 90,19 mentioned on my earlier USD/JPY post gave us a clue of which were operators/market makers intentions.
The Advisor Weblog: Usd/Jpy approaching to key point by Valeria Bednarik
FX Market Readings: Who is holding the markets high? by Dr. S. Sivaraman
Sponsored by 
Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Thu, Sep 17, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading Day's Live Wrap Up
Expert: Valeria Bednarik
Start: Thu, Sep 17, 22:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Sep 17, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Thu, Sep 17, 22:30 GMT | Trading Day's Live Wrap Up | Valeria Bednarik | WBN |  |
| Fri, Sep 18, 09:00 GMT | Trading the Harmonic patterns  | Sunil Mangwani | WBN |  |
| Fri, Sep 18, 10:00 GMT | Tracking the forex market together / Part I | Dr.S.Sivaraman | WBN | |
| Fri, Sep 18, 11:00 GMT | Three steps that help increase your odds when trading Forex | Sam Seiden | WBN | |
Current Session: U.S.
Pair reached the 91.60 zone, failing to break above the 4 hours descendant channe
FXstreet.com Independent Analyst Team − Pair reached the 91.60 zone, before retreating, failing to break above the 4 hours descendant channel coming from the 97.78 highs from past month. Hourly indicators look exhausted. Yet bigger time frames remain strongly bullish, so downside movements should remain above 91.00 to hold the bias.
EUR/USD
Breaks The 1.4719 Level, Targets The 1.4875 level by FXTechstrategy
Sustained strength saw the pair breaking through its strong resistance in early trading today suggesting that a hold above there especially on a weekly closing basis will keepthe 1.4875 level
GBP/USD
Potential bear flag could bring it down once again towards the 55−DMA at 1.6451 by Kshitij Consultancy Service
There's possibility of a bearish flag on the 8H chart which could bring it down once again towards the 55−DMA at 1.6451. A break of 55−DMA which is vulnerable given that it is flattening
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : FXstreet.com, Financial Trend Analysis, KBC, Mataf.net, Mizuho
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
EUR USD, Hourly
Top Market Movers Review
US HOUSING STARTS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 17 | 12:30 | Housing Starts (YoY) | 0.60M | 0.59M | 0.59M |
| Sep 17 | 12:30 | Building Permits (MoM) | 0.58M | 0.58M | 0.56M |
DATA SNAP: US Aug Housing Starts Up Less Than Expected (Dow Jones)
[ Full Story ]- Read the Housing Starts data at the Census Bureau
- CURRENCIES: Dollar Holds Small Gains After Data (Dow Jones)
- Dollar strengthens after U.S. unemployment claims / New Home sales data (FXstreet.com)
- Table Of Data On Housing Starts From Commerce (Dow Jones)
Fundamental Currencies Comments - US dollar soared supported by the US housing data by ecPulse.com
The Week Ahead - Business Inventories, CPI, IP, Retail Sales and Housing Starts by BBVA Bancomer
US economic indicators - Housing starts (August): continuing to stabilise by BHF−Bank
Switzerland SNB INTEREST RATE DECISION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 17 | 12:00 | SNB Interest Rate Decision | 0.25% | 0.25% | 0.25% |
- SNB keeps libor band unchanges at 0.0%−0.75%; Swissy slightly higher (FXstreet.com)
- SNB keeps its interest rate flat at 0.25% (FXstreet.com)
Canada CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 17 | 11:00 | Consumer Price Index (MoM) | 0.3% | 0.3% | -0.3% |
Forex: USD/CAD tests 1.0640 after Canadian CPI (FXstreet.com)
[ Full Story ]- Read the latest release from the Consumer Price Index at Statistics Canada
- Aug Bank of Canada IPC increases 0.1% monthly; 1.6% YoY (FXstreet.com)
- Canadian Aug CPI rose 0.3% MoM; fell 0.8% YoY (FXstreet.com)
Canada: Preview of August CPI by Easy Forex
UK RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 17 | 08:30 | Retail Sales (MoM) | 0.0% | 0.3% | 0.2% |
| Sep 17 | 08:30 | Retail Sales (YoY) | 2.1% | 2.8% | 2.9% |
- 2nd UPDATE:UK Aug Retail Sales Flat MM;Still Implies 3Q Rise (Dow Jones)
- UPDATE: UK Aug Retail Sales Flat On Month, In Line With BRC (Dow Jones)
- UK retail sales, weaker than in August; Pound drops back to 1.6500 (FXstreet.com)
Top Fundamental Stories - Retail Sales Retreated in the U.K. For the Second Month, While Trade Balance in the Euro Zone Reached its Highest in 7 Years by ecPulse.com
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 16 | 12:30 | Consumer Price Index Ex Food & Energy (MoM) | 0.1% | 0.1% | 0.1% |
| Sep 16 | 12:30 | Consumer Price Index (YoY) | -1.5% | -1.7% | -2.1% |
| Sep 16 | 12:30 | Consumer Price Index (MoM) | 0.4% | 0.4% | 0.0% |
| Sep 16 | 12:30 | Consumer Price Index Ex Food & Energy (YoY) | 1.4% | 1.4% | 1.5% |
Top Fundamental Stories - CPI Increases more than Estimates in August, as Housing, Food, and Transportation Prices Rise! by ecPulse.com
[ Full Story ]- Read the CPI data at Labor Department
- Summary Of U.S. Consumer Price Data From Labor Dept (Dow Jones)
- DATA SNAP: US CPI Rises On Energy Prices, Core Up Slightly (Dow Jones)
- U.S. CPI grows 0.4% on energy prices; Dollar edges up (FXstreet.com)
Daily Global Commentary - The Energy Price Index Lifts Consumer Price Index in August by Northern Trust
Top Fundamental Stories - Further economic enhancement expected to be witnessed in the U.S throughout today's news… by ecPulse.com
The Week Ahead - Business Inventories, CPI, IP, Retail Sales and Housing Starts by BBVA Bancomer
US RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 15 | 12:30 | Retail Sales ex Autos (MoM) | 1.1% | 0.4% | -0.5% |
| Sep 15 | 12:30 | Retail Sales (MoM) | 2.7% | 1.7% | -0.2% |
US: Retail Sales Jumped Higher in August by Wells Fargo Investments, LLC
Retailers turned in a surprisingly strong month in August; sales were up 2.7 percent. Even excluding the cash−for−clunkers−fueled results at auto dealers, sales rose 1.1 percent, the best gain since February.
[ Full Story ]- Read the Retail Sales data at the Census Bureau
- CURRENCIES: Dollar Gains After Retail Sales, Price Data (Dow Jones)
- CURRENCIES: Dollar Adds To Gain After Retail Sales, Price Data (Dow Jones)
- CURRENCIES: Dollar Adds To Gain After Retail Sales, Price Data (Dow Jones)
KBC News Picks - US: Retail sales show biggest increase since January 2006 by KBC Bank
Daily Global Commentary - Autos and Non−auto Components Lift Retail Sales in August by Northern Trust
US: Good news on underlying consumption by Danske Bank A/S
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 17 | 12:30 | US | Housing Starts (YoY) (Aug) | 0.60M | 0.59M | 0.59M |
| 14:00 | US | Philadelphia Fed Manufacturing Survey (Sep) | 14.1 | 8.1 | 4.2 | |
| Sep 18 | 05:00 | JP | Bank of Japan Monthly Economic Survey | |||
| 05:00 | JP | Coincident Index (Jul) | 88.6 | |||
| 05:00 | JP | Leading Economic Index (Jul) | 80.9 | |||
| 06:00 | DE | Producer Price Index (MoM) (Aug) | 0.1% | -1.5% | ||
| 06:00 | DE | Producer Price Index (YoY) (Aug) | -7.2% | -7.8% | ||