Monday, Sep 21, 15:30 GMT
ASIA-PACIFIC Trading Newsletter
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International Traders Conference
LAST SEATS AVAILABLE!
Don't miss the third edition of FXstreet.com's International Traders Conference (ITC) on October 14-16, 2009 in Barcelona. Live Trading next to the experts.
This year's key speakers panel: Valeria Bednarik, Rob Booker, James Chen, Kim Cramer Larsson, Markus Heitkoetter, Ashraf Laidi and Andrei Pehar.
Limited to 60 seats! Register now!
To Get Started
- Use our brand new performance table! See ranges for main pairs in % or pips from 5 min to YTD. Go Now!
- WEBINAR VIDEOS: FX Market Pulse by Raghee Horner
- All the events of the day in our Economic Calendar
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Forex Blogs
The Disciplined Trader: US session could provide retracement for Dollar by Pierre Charlebois
The opportunity in the European session was to expect USD strength. However dollar pairs are now showing signs of being oversold/overbought. A turn or bottoming is likely during the US session. Overall the patterns show potential for short term dollar weakness for the next few trading sessions.
FX Market Readings: Drop is expected in EURO and GBP by Dr. S. Sivaraman
The Advisor Weblog: U.S. Stocks halt dollar rally by Valeria Bednarik
Sponsored by 
Live Sessions Schedule
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Sep 21, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading Day's Live Wrap Up
Expert: Valeria Bednarik
Start: Mon, Sep 21, 22:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Sep 21, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
| Mon, Sep 21, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Sep 21, 22:30 GMT | Trading Day's Live Wrap Up | Valeria Bednarik | WBN |  |
| Tue, Sep 22, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
| Tue, Sep 22, 08:00 GMT | London Session Scenarios on GBPUSD & GBPJPY | Mihai Marinescu | WBN | |
Current Session: U.S.
Pair could reach strong 1.4550 support
FXstreet.com Independent Analyst Team − Downside correction continued since Asian opening, and pair remains bearish in the hourly, thus a bit oversold. Fall was halted by 200 EMA around 1.4610, next key support for the pair.20 SMA above current price and turning bearish support further falls for next hours, with 4 hours time frames also bearish. Pair could reach strong 1.4550 support that should hold the downside. Under that level, expect momentum to accelerate.
AUD/USD
The first line of support at 0.8680 gave way by Saxo Bank
The first line of support at 0.8680 gave way, and the focus now shifts to the more structural levels down at 0.8480. AUDUSD will likely remain a slave to the moves in equity indices, and possibly also gold.
GBP/USD
Weekly Technical Commentary: Dreary, messy and increasingly top−heavy by Mizuho Corporate Bank
Dreary, messy and increasingly top−heavy as the pound lost ground against all major currencies last week. While below the flat top of a massive weekly Ichimoku ‘cloud' we shall have to allow for a lot more consolidation inside it.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : FXstreet.com, Financial Trend Analysis
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
EUR USD, Hourly
Top Market Movers Preview
UK BANK OF ENGLAND MINUTES
| Date (GMT) | Event | Cons. | Previous | |
| Sep 23 | 08:30 | Bank of England Minutes | - | - |
US FED INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Sep 23 | 18:15 | Fed Interest Rate Decision | 0.25% | 0.25% |
Which central bank will pull the trigger first? by Easy Forex
There appears to be a rift at the Fed over how quickly to hike rates and scale back quantitative ease as the US economy recovers.
[ Full Story ]- CURRENCIES: Dollar Rises Ahead Of Fed Meeting, G20 (Dow Jones)
- WORLD FOREX: Dollar Up Slightly Ahead Of Fed Meeting (Dow Jones)
The Week Ahead - Bernanke announced the end of recession, will the Fed follow? by X−Trade Brokers, XTB
Live Daily Broadcast - Today's Live Show: The USD, the Fed and G20− What to Expect Next Week? by AllThingsForex
Top Market Movers Review
US LEADING INDICATORS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 21 | 14:00 | Leading Indicators (MoM) | 0.6% | 0.8% | 0.9% |
US Aug Leading Index +0.6%; Fifth Consecutive Increase (Dow Jones)
The index of leading indicators rose for the fifth consecutive month in August, offering yet another sign of a recovering U.S. economy.
[ Full Story ]- U.S. Conference Board's leading Index rises 0.6%; Dollar, little moved (FXstreet.com)
- US Aug Leading Indicators index rises 0.6% (FXstreet.com)
Friday Notes - Leading indicators rose again strongly by UniCredit Group
Canada FOREIGN INVESTMENT IN CANADIAN SECURITIES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 21 | 12:30 | Canadian Investment in Foreign Securities | $0.53B | - | -$1.40B |
| Sep 21 | 12:30 | Foreign investment in Canadian securities | $0.35B | $7.76B | $10.51B |
UK RIGHTMOVE HOUSE PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 20 | 23:01 | Rightmove House Price Index (MoM) | 0.6% | 0.6% | -2.2% |
| Sep 20 | 23:01 | Rightmove House Price Index (YoY) | -1.5% | - | -3.1% |
UK Rightmove Sep House Price Index +0.6% On Mo, −1.5% On Yr (Dow Jones)
[ Full Story ]- Read the House data at Rightmove
- Improving UK house price data supports GBP (Forex Live)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 21 | 12:30 | CA | Foreign investment in Canadian securities (Jul) | $0.35B | $7.76B | $10.51B |
| 14:00 | US | Leading Indicators (MoM) (Aug) | 0.6% | 0.8% | 0.9% |
|
| 22:45 | NZ | Current Account (2Q) | -1.88B | -1.25B | ||
| Sep 22 | 02:00 | NZ | Westpac Consumer Confidence (3Q) | 106 | ||
| 05:45 | CH | SECO Economic Forecasts | ||||
| 06:15 | CH | Trade Balance (Aug) | 2.03B | 2.35B | ||
| 12:30 | CA | Retail Sales (MoM) (Jul) | 0.5% | 1.0% | ||
Educational Resources
Featured Educator: Kim Cramer Larsson
Kim Cramer Larsson has 19 years in the financial industry and 12 years experience in working with technical analysis. He's a close contributor of FXstreet.com and will also be Key Speaker at FXstreet.com's International Traders Conference in Barcelona on October 14−16. Check his author's page to know more about him and his contributions!
Related Resources
Today's Trading Signals - The most viewed report of FXstreet.com
Key Speaker at the ITC 09 Barcelona on October 14-16 - Register deadline is October 2nd!