Monday, Oct 12, 15:23 GMT
ASIA-PACIFIC Trading Newsletter
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- All the events of the day in our Economic Calendar
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Forex Blogs
Tech Trading: EUR/GBP To resume uptrend by César B. Leiceaga
The upward breakout of the triangle mentioned on earlier posts has driven eur/gbp to fresh 2009 high's.(http://blogs.fxstreet.com/techtrading/2009/10/08/intraday−outlook/) Apparently, operators have held euro and weakened cable in order to rise the pair. Next stop lays at 0,94 psychological resistance and 0,9472 (76,40 % Fib from the whole drop 0,98 − 0,84).
Trading for a living: I love mondays (again…) by David Aranzabal
The Advisor Weblog: Eur/Usd consolidating by Valeria Bednarik
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Live Sessions Schedule
Trading Around Your Day Job
Expert: Ryan O'Keefe
Start: Mon, Oct 12, 19:00 GMT
Type of Session: Webinar
Asian Session: Live Market Analysis
Expert: Dr.S.Sivaraman
Start: Tue, Oct 13, 05:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Oct 12, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
| Mon, Oct 12, 15:00 GMT | Did you Know SuperTraders Really do Exist in Forex? | Mark Whistler | WBN |  |
| Mon, Oct 12, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Oct 12, 19:00 GMT | Trading Around Your Day Job | Ryan O'Keefe | WBN | |
| Tue, Oct 13, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
Current Session: U.S.
U.S. Update: Full action despite holiday
FXstreet.com Independent Analyst − Market will return fully open later in Asian session, and dollar likely to remain under selling pressure against majors rivals; currency market remains under the risk aversion/appetite mode, and as long as stocks and gold keeps rising, current trend overextend or not, no doubts will remain in place. Don't expect Pound to regain the upside anytime sooner.
GBP/USD
On The Verge Of Taking Out The 1.5768 Level by FXTechstrategy
The pair was seen declining further lower in early trading today testing below the 1.5768 level and suggesting further weakness of an eventual a loss of the mentioned level.
USD/JPY
Pair failure to break above 90.35/45 strong resistance area by Valeria Bednarik
Pair needs to close daily candle above 90.10 to confirm such break and had chances to extend the upside. With hourly indicators turning lower, does not seems likely for next sessions
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : FXstreet.com
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
EUR USD, Hourly
Top Market Movers Preview
New Zealand RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Oct 12 | 21:45 | Retail Sales ex Autos (MoM) | 0.5% | -0.5% |
| Oct 12 | 21:45 | Retail Sales (MoM) | 0.6% | -0.5% |
UK RICS HOUSE PRICE BALANCE
| Date (GMT) | Event | Cons. | Previous | |
| Oct 12 | 23:00 | RICS House Price Balance | 15.1% | 10.7% |
US RETAIL SALES
| Date (GMT) | Event | Cons. | Previous | |
| Oct 14 | 12:30 | Retail Sales (MoM) | -2.0% | -0.2% |
| Oct 14 | 12:30 | Retail Sales ex Autos (MoM) | 0.2% | -0.5% |
Friday Notes - Retail Sales: Payback time as cash for clunkers program ended by UniCredit Group
Following the expiration of the cash for clunkers program in late August, car sales plunged 35% in September. In addition, we expect a reversal of the sales increases in most other categories that occurred in August and are not sustainable in our view.
[ Full Story ]- US retail sales probably fell in September (Forex Live)
US FOMC MINUTES
| Date (GMT) | Event | Cons. | Previous | |
| Oct 14 | 18:00 | FOMC Minutes | - | - |
Top Market Movers Review
Germany WHOLESALE PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 12 | 06:00 | Wholesale Price Index (YoY) | -8.1% | -7.7% | 8.3% |
| Oct 12 | 06:00 | Wholesale Price Index (MoM) | -0.2% | 0.2% | 0.7% |
Germany Wholesale Price Index decreases 0.2% MoM, 8.1% YoY in Sep (FXstreet.com)
[ Full Story ]- Read the WPI data at German Statistics
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 12 | 00:00 | US | Columbus Day | |||
| 00:00 | CA | Thanksgiving Day Bank Holiday | ||||
| 21:45 | NZ | Retail Sales (MoM) (Aug) | 0.6% | -0.5% | ||
| 21:45 | NZ | Retail Sales ex Autos (MoM) (Aug) | 0.5% | -0.5% | ||
| 23:00 | UK | RICS House Price Balance (Sep) | 15.1% | 10.7% | ||
| 23:01 | UK | BRC Retail Sales Monitor − All (YoY) (Sep) | -0.1% | |||
| 23:50 | JP | Money Supply M2+CD (YoY) (Sep) | 2.9% | 2.8% | ||
Educational Resources
As I am writing, I am on an airplane cruising at 34,000 feet on my way home from Foolsville. This trip was such an experience, I could not wait to start writing and sharing it with you. I was there two days and really made the most of my time. In the end, I finally figured out something I have been wondering about for a long time. Read Sam Seiden's article
Related Resources
Foolsville, Part 1 by Sam Seiden
Components of a Personal Trading Plan by Don Dawson