Monday, Nov 16, 17:21 GMT
ASIA-PACIFIC Trading Newsletter
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- Learning Center: Chapter C02 - Understand Statistics has been released
- Real-Time Economic Calendar: New 2.0 Design with upgraded charts and sound notifications
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Forex Blogs
Tech Trading: USD/CAD Retesting 61,80% Fib support by César B. Leiceaga
The pair is still holding to 1,0400 − 1,0460 support zone (61,80% Fib from the last bull leg) and will need to block any other USD bear attack to confirm a USD bottom.
Trading for a living: Today: London open by David Aranzabal
The Advisor Weblog: Eur/Usd fresh highs on sight by Valeria Bednarik
Sponsored by 
Live Sessions Schedule
Trading Day's Live Wrap Up − With Extra Educational Contents
Expert: Valeria Bednarik
Start: Mon, Nov 16, 22:00 GMT
Type of Session: Webinar
Asian Session: Live Market Analysis
Expert: Dr.S.Sivaraman
Start: Tue, Nov 17, 05:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Nov 16, 17:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Nov 16, 22:00 GMT | Trading Day's Live Wrap Up − With Extra Educational Contents | Valeria Bednarik | WBN |  |
| Tue, Nov 17, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
| Tue, Nov 17, 09:00 GMT | London Session Scenarios on GBPUSD & GBPJPY | Mihai Marinescu | WBN | |
| Tue, Nov 17, 10:00 GMT | Todays' Trading Signals Report Explained | Kim Cramer Larsson | WBN | |
Current Session: U.S.
GBP/USD Aims for Previous November Highs
FastBrokersFX − The Cable is perking up this morning as the S&P futures fight to break loose of their psychological 1100 level. The GBP/USD has benefitted from a relatively quiet data wire from Britain since the CCC number beat expectations. However, the news flow will pick up tomorrow with the release of both CPI and RPI data points. Furthermore, the BoE will release its anticipated Inflation Letter. Since the BoE's target inflation rate is 2%, any disappointing numbers concerning inflation could spark investor speculation that the BoE will inject more liquidity into its QE fund.
EUR/USD
Limited chances on the downside while above 1.4920 by Valeria Bednarik
indicators also look slightly bullish, so unless the pair clearly breaks under 1.4920 static support zone, chances of further falls seem limited. Bigger time...
U.S. Update
Dollar back down; recovery chances fade by FXstreet.com Independent Analyst
Quiet Monday, market remains attached to sentiment yet with dollar clearly weak. Despite fresh highs in stocks and gold European majors failed to...
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : FXstreet.com , Deltastock , Financial Trend Analysis , Mizuho
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
EUR USD, Hourly
Event of the Day
US RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 16 | 13:30 | Retail Sales (MoM) | 1.4% | 0.9% | -2.3% |
| Nov 16 | 13:30 | Retail Sales ex Autos (MoM) | 0.2% | 0.4% | 0.4% |
US: Retail Sales Increased in October by Wells Fargo Investments, LLC
[ Full Story ]- Read the Retail Sales data at the Census Bureau
- CURRENCIES: Dollar Decline Continues After U.S. Data (Dow Jones)
- DATA SNAP: US Oct Retail Sales Up More Than Forecast (Dow Jones)
- Dollar edges up on better than expected U.S retail sales (FXstreet.com)
Top Fundamental Stories - Retail Sales Rise Better than Forecasts as Auto Sales Rise, While Manufacturing Activity Ease in November! by ecPulse.com
Top Fundamental Stories - Retail Sales and Empire Manufacturing Dominate the U.S. Session by ecPulse.com
The Week Ahead - Retail Sales, excluding Transportation , IP, Consumer Price Index (Headline, Core) & LII by BBVA Bancomer
Event of the Week
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 18 | 13:30 | Consumer Price Index (YoY) | - | -0.3% | -1.3% |
| Nov 18 | 13:30 | Consumer Price Index (MoM) | - | 0.2% | 0.2% |
Friday Notes - No inflation pressure in sight by UniCredit Group
Seasonally adjusted gasoline prices rose mildly in October, but natural gas prices surged by about 30%. As a result of the monthly 0.2% increase, the yoy inflation rate would rise further to −1⁄4%, which is the highest since March.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 16 | 15:00 | US | Business Inventories (Sep) | -0.4% | -0.7% | -1.6% |
| 17:15 | US | Fed's Bernanke Speech | ||||
| 23:50 | JP | Tertiary Industry Index (MoM) (Sep) | 0.1% | 0.3% | ||
| Nov 17 | 08:15 | CH | Adjusted Real Retail Sales (YoY) (Sep) | 1.1% | -1.0% | |
| 09:30 | UK | Core Consumer Price Index (YoY) (Oct) | 1.7% | 1.7% | ||
| 09:30 | UK | Retail Price Index (MoM) (Oct) | 0.4% | |||
| 09:30 | UK | Retail Price Index (YoY) (Oct) | -0.9% | -1.4% | ||
Educational Resources
Today, there literally are hundreds of technical studies. For this reason, some of the more traditional studies are starting to work again. Doug Dawson outlines the benefits of using Pivot Point analysis to trade the markets. Read Doug Dawson's article !
Related Resources
Pivot Point Analysis - Report by Don Dawson
Different methods for calculating pivot points - Q&A Session Transcript by Dan Johnson
Pivot Points in Forex - Report by Raul Lopez
Chapter B01: Technical Indicators - from our Learning Center