Friday, Nov 13, 16:23 GMT
ASIA-PACIFIC Trading Newsletter
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Forex Blogs
Chartology: EUR/USD 15 minute Downtrend Breaktout to Watch by Raghee Horner
The 15 minute EUR/USD is trading just below the downtrend line resistance of the channel down pattern as prices are finding selling pressure between 1.4880 and 1.4900 which are the minor and major psychological levels that are still holding on the this short term intraday chart.
The Advisor Weblog: Gbp/Usd technical points by Valeria Bednarik
Francesc's Weblog: FXstreet’s Walls… What the hell are they doing to my precious office? by Francesc Riverola
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Live Sessions Schedule
Asian Session: Live Market Analysis
Expert: Dr.S.Sivaraman
Start: Mon, Nov 16, 05:00 GMT
Type of Session: Webinar
Using Fibonacci ratios to manage your trades efficiently
Expert: Sunil Mangwani
Start: Mon, Nov 16, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Nov 13, 16:00 GMT | Fibonacci Friday | Andrei Pehar | WBN |  |
| Mon, Nov 16, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
| Mon, Nov 16, 10:00 GMT | Using Fibonacci ratios to manage your trades efficiently | Sunil Mangwani | WBN | |
| Mon, Nov 16, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Mon, Nov 16, 14:00 GMT | Forex Basics Series: Chapter 7 − Average True Range | Valeria Bednarik | WBN | |
Current Session: U.S.
Confirmation under 1.4810 likely to favor the downside in the pair
FXstreet.com Independent Analyst Team −Pushing lower after worst than expected U.S. data, and following slightly bearish U.S. indexes and gold, pair has lost upside momentum both in 1 and 4 hours charts, as indicators are turning lower; clearly under 20 SMA in 4 hours charts, and crossing 1 hour one, a confirmation under 1.4810 supported by risk aversion sentiment likely to favor the downside in the pair.
USD/JPY
USD/JPY: Dollar spikes below 89.70, and hits 89.45 after trade data by FXstreet.com
The bounce in GBP USD came a little higher than the expected 1.6484 support, attracting bids in the 1.6510 region as shorts covered at the lower end of the short term downtrend.
GBP/USD
Hidden bearish divergence suggests a continuation of down trend by InnerFX
Cable recovered some lost ground but it is having a hard time trying to break above 1.6690/00. As seen in the chart below, a hidden bearish divergence suggests a continuation of down trend, aiming back into the 1.65 region
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
Event of the Day
US TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 13 | 13:30 | Trade Balance | -$36.5B | -$32.0B | -$30.8B |
Top Fundamental Stories - Trade Deficit Widens in the United States as Oil Imports Increase in September! by ecPulse.com
The U.S. Commerce Department released the trade balance for the month of September today, where the trade deficit widened as imports increased.
[ Full Story ]- Read the Trade Balance data at Commerce Department
- U.S. markets open in a weak positive tone after trade balance; Dollar picks up slightly (FXstreet.com)
- Forex: USD/JPY: Dollar spikes below 89.70, and hits 89.45 after trade data (FXstreet.com)
- DATA SNAP: US September Trade Deficit Wider Than Expected (Dow Jones)
Wider Trade Deficit in September Will Reduce Q3 GDP Growth by Wells Fargo Investments, LLC
Intraday Forex Technical Report - U.S. Update: After U.S. Trade Balance by FXstreet.com Independent Analyst Team
US economic indicators - Trade balance (Sep): widening deficit by BHF−Bank
Event of the Week
Germany ZEW SURVEY − ECONOMIC SENTIMENT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 10 | 10:00 | ZEW Survey − Economic Sentiment | 51.1 | 54.0 | 56.0 |
Top Fundamental Stories - Euro zone ZEW survey for economic sentiment declines by ecPulse.com
The euro zone's ZEW survey, regarding economic sentiment, slipped after rising lately; this meant that European confidence was still shaky, despite latest measures taken by the government and European Central Bank (ECB).
[ Full Story ]- Read the Economic Sentiment data at ZEW Institute
- Forex: EUR/USD sheds some gains as German business sentiment drops (FXstreet.com)
- UPDATE: Nov ZEW Econ Expectations 51.1 Vs 56.0 In Oct (Dow Jones)
- DATA SNAP: Nov ZEW Econ Expectations 51.1 Vs 56.0 In Oct (Dow Jones)
Daily Forex Strategy Briefing - EUR/USD at Important Resistance by CMS Forex
Fundamental Currencies Comments - The Dollar Inches Up After European Data by ecPulse.com
European Market Update - German ZEW suggest that recovery is fragile by TradeTheNews.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 13 | 13:30 | US | Import Price Index (YoY) (Oct) | -5.7% | -5.5% | -12.0% |
| 14:55 | US | Reuters/Michigan Consumer Sentiment Index (Nov)  | 66.0 | 71.2 | 70.6 | |
| Nov 15 | 21:45 | NZ | Producer Price Index − Input (QoQ) (3Q) | 0% | ||
| 21:45 | NZ | Producer Price Index − Output (QoQ) (3Q) | -0.7% | |||
| 23:50 | JP | Gross Domestic Product (QoQ) (3Q) | 0.6% | |||
| 23:50 | JP | Gross Domestic Product Annualized (3Q) | -11.7% | |||
| Nov 16 | 00:01 | UK | Rightmove House Price Index (MoM) (Nov) | 2.8% | ||
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