Friday, Sep 25, 15:19 GMT
ASIA-PACIFIC Trading Newsletter
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International Traders Conference
REGISTER DEADLINE IS VERY CLOSE!
Rob Booker, James Chen, Kim Cramer Larsson, Markus Heitkoetter, Ashraf Laidi, Andrei Pehar and Valeria Bednarik will be in Barcelona for FXstreet.com's conference... They will LIVE TRADE next to you!
Don't miss it! Deadline to register is OCTOBER 2nd!
Visit our website and 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 Advisor Weblog: GBP/USD weekly charts by Valeria Bednarik
Same perspective here, Gbp looks much more bearish than Euro, after that weekly reversal candle that failed to break above the 50% retracement of the monthly rally. This week opening under the 20 SMA, was a first warning of a fall coming, as we always talk in the Wrap Up Webinar, Gbp works great with that MA.
Tech Trading: EUR/GBP Squeezed higher by César B. Leiceaga
Francesc’s Weblog: NFA New Requirements - $20mio plus 5% of the amount of customer liabilities over $10mio by Francesc Riverola
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Live Sessions Schedule
Asian Session: Live Market Analysis
Expert: Dr.S.Sivaraman
Start: Mon, Sep 28, 05:00 GMT
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Sep 28, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Sep 25, 15:00 GMT | Fibonacci Friday | Andrei Pehar | WBN |  |
| Mon, Sep 28, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
| Mon, Sep 28, 10:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Mon, Sep 28, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, Sep 28, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
Current Session: U.S.
FXstreet.com − Approaching to daily lows after U.S. Durable Goods Orders, hourly indicators are giving bearish continuation signals, thus pair is still rebounding from the 1.4610/20 area, 61.8% Fibonacci retracement of the monthly fall 1.6038/1.2330. Confirmations under that level could trigger more bearish momentum in the pair.
USD/CHF
USDCHF Has reached almost the resistance level by Forex−Trends.com
USDCHF Has reached almost the resistance level, and bulls can get easily more strength by breaking this barrier at 1.0319. Further bouncing can be expected between support and resistance. Waiting is better option with buying possibilities.
USD/JPY
Favorable Comments Boost Japanese Yen by ForexHound.com
The USD JPY is the big loser overnight. There is some carryover news regarding repatriation supporting the Japanese Yen overnight, but the biggest story is the comments from the Japanese Finance Minister who said he has ruled out intervention at current levels.
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 Review
US NEW HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 25 | 14:00 | New Home Sales | 429 | 443K | 433K |
- CURRENCIES: Dollar Weakens As Stocks Turn Up After Data (Dow Jones)
- DATA SNAP: US Aug New−Home Sales Rise Less Than Expected (Dow Jones)
- US Aug New Home Sales (MoM) down to 0.7% vs 9.6% (FXstreet.com)
US DURABLE GOODS ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 25 | 12:30 | Durable Goods Orders | -2.4% | 0.3% | 4.9% |
| Sep 25 | 12:30 | Durable Goods Orders ex Transportation | 0.8% | 0.8% | 0.8% |
DATA SNAP: US Durable Goods Unexpectedly Fall In Aug (Dow Jones)
Durable−goods orders fell sharply during August as lower aircraft demand caused the largest drop in seven months.
[ Full Story ]- Read the official data at US Census Bureau
- WORLD FOREX: Euro Weakens On Disappointing US Data (Dow Jones)
- Forex: U.S. Durable Orders trigger dollar rally (FXstreet.com)
- US Durable Goods Orders declines to −2.4% in Aug from 4.9% (FXstreet.com)
Germany GFK CONSUMER CONFIDENCE SURVEY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 25 | 06:10 | Gfk Consumer Confidence Survey | 4.3 | - | - |
UPDATE: German Consumer Confidence Rises, Labor Mkt Caution (Dow Jones)
[ Full Story ]- Read the consumer climate study at Gfk
- Germany Gfk Consumer Confidence Survey improves to 4.3 in Oct from 3.7 in Sept (FXstreet.com)
- German GfK Oct Consumer Confidence At 4.3 Vs 3.8 In Sep (Dow Jones)
US G20 MEETING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 25 | 00:00 | G20 Meeting | - | - | - |
Daily FX Market Commentary - G20 meeting in Pittsburgh this week by Danske Bank A/S
World Bank president Robert Zoellick urges leaders of the G−20 at the Pittsburgh−meeting held this week (see home page) to set "an ambitious agenda for responsible globalisation.
[ Full Story ]- UK Brown: G20 Rules To Be Tougher Than Expected On Pay (Dow Jones)
- G20 to replace G8 as world economic forum (Forex Live)
- Despite Some Rifts,US Sees Key G−20 Proposals Gaining Traction (Dow Jones)
US FED INTEREST RATE DECISION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 23 | 18:15 | Fed Interest Rate Decision | 0.25% | 0.25% | 0.25% |
FED leaves rates unchanged; Dollar plunges across the board (FXstreet.com)
[ Full Story ]- Read the official statement at the Fed
- CURRENCIES: Dollar Firms After Hitting Lows On Fed Decision (Dow Jones)
- WORLD FOREX: Dollar Manages To Gain Vs Euro After Fed Mtg (Dow Jones)
- Forex: Dollar recovers and rises above pre−FOMC levels (FXstreet.com)
U.S: The Fed does not aim at higher rates by X−Trade Brokers, XTB
Weekend Analysis - Fed Speaks Positively...Overbought Brings Market Down...Nasty Topping Candle... by SwingTradeOnline.com
U.S: FOMC keeps rates unchanged and sees sustainable economic recovery by National Bank of Canada
UK BANK OF ENGLAND MINUTES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 23 | 08:30 | Bank of England Minutes | - | - | - |
European Market Update - BOE minutes express some optimism in outlook by TradeTheNews.com
[ Full Story ]- Read full minutes at BoE
- Forex: GBP/USD: Pound bounces to day high at 1.6430 after BoE minutes (FXstreet.com)
Top Fundamental Stories - BoE voted unanimously for leaving rates steady and not changing APF program by ecPulse.com
European Session: Market Wait for BoE Minutes then FOMC by ACM − Advanced Currency Markets
Top Fundamental Stories - Europe Ahead: Markets Await Bank of England Minutes by ecPulse.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 25 | 00:00 | US | G20 Meeting | |||
| 14:00 | US | New Home Sales (MoM) (Aug) | 0.7% | 2.2% | 9.6% | |
| Sep 28 | 01:30 | JP | Labor Cash Earnings (YoY) | -4.8% | ||
| 06:00 | DE | Consumer Price Index (MoM) (Sep)  | 0.2% | |||
| 06:00 | DE | Consumer Price Index (YoY) (Sep) | 0% | |||
| 22:45 | NZ | Building Permits (MoM) (Aug) | 5% | |||
| 23:30 | JP | National Consumer Price Index (YoY) (Aug) | -2.2% | |||
Educational Resources
Losing To Win, It's All In Your Perception
This week Sam Seiden will demonstrate that like sports, trading is all about attitude. The winning attitude almost always beats the losing attitude. You have to be a good loser in order to win. Taking a small loss in trading is not wrong at all, it's the right thing to do and a MUST if you are ever to enjoy gains. Read whole Sam Seiden's article!
Other articles of this week's Lessons from the Pros
When It's Time to Take a Break from a Great Relationship... - Article by Sam Evans
TIC − Real Estate Without Daily Management - Article by Diana Hill
Verticals and Volatility - Article by Josip Causic
Some Tips on Using Average True Range - Article by Don Dawson