Wednesday, Oct 14, 15:46 GMT
ASIA-PACIFIC Trading Newsletter
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ITC Barcelona 2009
The most amazing educational experience of the year!
Live Trading afternoon by FXstreet.com
Traders are in different groups led by one of the speakers, all together around a table, watching at the speaker's chart projected on a screen…
The staff, the speakers… Making friends by FXstreet.com
The really special thing of this conference is to meet the people that you have been contributing for years with. This year I am specially excited since I could finally meet some of our veteran collaborators.
To Get Started
- Rates&Charts Section: Get the most updated data on FX, commodities, Indices... Go Now!
- Do you know it all about FX? Test yourself! Learning Center Practice A is out!
- WEBINAR VIDEOS: Looking at economic data by Adam Rosen
- All the events of the day in our Economic Calendar
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Forex Blogs
The Disciplined Trader: EUR/USD − topping/topped? by Pierre Charlebois
There is still a chance of a rise to 149.50. However with the strong reversal on the 1 hr chart a further correction is likely in the short term at least.
The Trader's Edge: Will the EUR/USD hit 1.5000? Read on by Ross Yamashita
Tech Trading: Cable extends gains against the USD by César B. Leiceaga
Sponsored by 
Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Wed, Oct 14, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
Asian Session: Live Market Analysis − Free Access Day
Expert: Dr.S.Sivaraman
Start: Thu, Oct 15, 05:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Oct 14, 15:00 GMT | An introduction to Price Behaviour: Part 2 | Mike Baghdady | WBN |  |
| Wed, Oct 14, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Thu, Oct 15, 05:00 GMT | Asian Session: Live Market Analysis − Free Access Day | Dr.S.Sivaraman | WBN | |
| Thu, Oct 15, 08:30 GMT | London Session Scenarios on GBPUSD & GBPJPY − Free Access Day | Mihai Marinescu | WBN | |
| Thu, Oct 15, 11:00 GMT | FX Instructor Live Trading Room − Free Access Day | Mark De La Paz | WBN |  |
Current Session: U.S.
USDJPY recently rallied strongly from new lows at 88.00
Saxo Bank − USDJPY recently rallied strongly from new lows at 88.00, suggesting that the downtrend is tiring. The throwback sell−off and renewed rally today sets up an interesting formation and underlines the importance of the neckline−like 90.20−50 area on the chart, a move above which could trigger a large consolidation north of 92.00. The rise in long yields is somewhat supportive of a rally scenario as well.
EUR/USD
EURUSD: Breaks The 1.4844 Level, Eyes The 1.5000 Level by FXTechstrategy
Breaks The 1.4844 Level, Eyes The 1.5000 Level − Upside momentum built from the 1.4479 level, its Oct 02'09 continued with a higher close on Tuesday and follow−through higher..
GBP/USD
Cable faced Resistance at the 1.6020−65 by Kshitij Consultancy Service
Cable has risen and faced Resistance in the region mentioned in the morning at 1.6020−65. Since it continues to test this Resistance and if successful in breaching past, this brief surge may be restricted to 1.6150.
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
US FOMC MINUTES
| Date (GMT) | Event | Cons. | Previous | |
| Oct 14 | 18:00 | FOMC Minutes | - | - |
Forex Market Video - FOMC Meeting Minutes to Move the Market by ForexYard
FOMC Meeting Minutes to Move the Market. Video by Greg Holden.
[ Full Story ]US CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Oct 15 | 12:30 | Consumer Price Index (MoM) | 0.2% | 0.4% |
| Oct 15 | 12:30 | Consumer Price Index (YoY) | -1.4% | -1.5% |
| Oct 15 | 12:30 | Consumer Price Index Ex Food & Energy (YoY) | 1.4% | 1.4% |
| Oct 15 | 12:30 | Consumer Price Index Ex Food & Energy (MoM) | 0.1% | 0.1% |
Top Market Movers Review
US RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 14 | 12:30 | Retail Sales (MoM) | -1.5% | -2.0% | 2.2% |
| Oct 14 | 12:30 | Retail Sales ex Autos (MoM) | 0.5% | 0.2% | -0.5% |
Top Fundamental Stories - Retail Sales Stronger than Expected but Remain Weak, While JPMorgan Reports Profits that Beat Market Estimates! by ecPulse.com
[ Full Story ]- Read the Retail Sales data at the Census Bureau
- CURRENCIES: Dollar Hits 14−month Low; Retail Sales Up (Dow Jones)
- CURRENCIES: Dollar Hits 14−month Low; Retail Sales Up (Dow Jones)
- CURRENCIES: Dollar Down As Retail Sales Beat Estimates (Dow Jones)
US: Preview of September retail sales by Easy Forex
US economic indicators - Retail sales (Sep): Dropping sharply after CARS ended by BHF−Bank
Friday Notes - Retail Sales: Payback time as cash for clunkers program ended by UniCredit Group
UK CLAIMANT COUNT RATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 14 | 08:30 | Claimant Count Rate | 5.0% | 5.1% | 5.0% |
| Oct 14 | 08:30 | Jobless Claims Change | 20.8K | 25.1K | 23.0K |
DATA SNAP: UK Claimant Count Rises Less Than Expected In Sep (Dow Jones)
[ Full Story ]- Read the Employment data at UK Statistics
- Forex: GBP/USD: Pound bounces up to 1.5990 on improving unemployment figures (FXstreet.com)
- UK Claimant Count Rate steadies at 5% in Sep (FXstreet.com)
Daily Market Report - Today's range of European data are generally positive by Wells Fargo Investments, LLC
Top Fundamental Stories - ILO Unemployment in the U.K. Remained at its Highest Level in 14 Years by ecPulse.com
Top Fundamental Stories - Europe Ahead: Ongoing weakness in UK job sector as unemployment rises by ecPulse.com
Germany ZEW SURVEY − ECONOMIC SENTIMENT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 13 | 09:00 | ZEW Survey − Economic Sentiment | 56.9 | 61.3 | 59.6 |
| Oct 13 | 09:00 | ZEW Survey − Economic Sentiment | 56.0 | 58.8 | 57.7 |
Euroland: A setback in ZEW expectations by Danske Bank A/S
[ Full Story ]- Read full survey at the ZEW Institute
- DATA SNAP: German ZEW Econ Expectations Fall In Oct (Dow Jones)
- Euro falls under 1.4770 after ZEW survey (FXstreet.com)
- Euro Zone Oct ZEW Economic Sentiment decreases to 56.9 from 59.6 (FXstreet.com)
KBC News Picks - EMU: ZEW disappoints again in October by KBC Bank
European Market Update - German ZEW improves but below market expectations by TradeTheNews.com
Top Fundamental Stories - The Decline in Prices is Raising Concerns in the U.K., While ZEW Survey Slips in the Euro Zone by ecPulse.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 14 | 12:30 | US | Import Price Index (MoM) (Sep) | 0.1% | 0.2% | 1.6% |
| 14:00 | US | Business Inventories (Aug) | -1.5% | -1.2% | -1.1% |
|
| 18:00 | US | FOMC Minutes | ||||
| 18:00 | US | Monthly Budget Statement | -43.3B | -111.4B | ||
| 20:30 | US | API Crude Oil Inventories (Oct 9) | -254K | |||
| 21:45 | NZ | Consumer Price Index (QoQ) (3Q) | 0.8% | 0.3% | ||
| 21:45 | NZ | Food Price Index (MoM) (Sep) | -0.9% | |||
Educational Resources
The Latest Indicators are Out...
...So Where is the Residential Real Estate Market? This week we'll focus our attention on the following three indexes and indicators: The Case − Shiller Home Price Index, Pending U.S. Home Sales Index, and the Housing Starts and New Permits. Read Diana Hill's article
From the Lessons From the Pros as well:
Scrutinizing an Option Trade by Josip Causic
Discipline Transcends Trading by Gabe Velázquez