Monday, Oct 13, 07:44 GMT
EUROPEAN Trading Newsletter
Check out the new CAG!
The currencies revolution arrives at FXstreet.com
New Currencies at a Glance with all the technical studies you need for your trading plan. Review the market info of the top 31 currency pairs including the hottest pairs of the past week: EUR/USD, GBP/USD, USD/JPY and EUR/CHF.
Moreover data such as live market quotes, forecast, analysts comments, breaking stories and Economic Calendar can be extremely efficient tools for your trading plan.
DISCOVER THE NEW CAG
Forex Blogs
The Disciplined Trader: Is the EUR/USD now poised for a retracement by Pierre Charlebois
I had posted this view of the EUR/USD on Thursday. Indeed the break lower provided a great trading opportunity.
FX Market Readings: Exploiting the panicness by Dr. S. Sivaraman
Live Sessions Schedule
Understand & Use Fibonacci Ratios Effectively
Expert: Sunil Mangwani
Start: Mon, Oct 13, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Mon, Oct 13, 12:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Oct 13, 10:00 GMT | Understand & Use Fibonacci Ratios Effectively | Sunil Mangwani | WBN | |
| Mon, Oct 13, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN |  |
| Mon, Oct 13, 13:00 GMT | Back to Basics: RSI | Adam Rosen | WBN | |
| Mon, Oct 13, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
Current Session: Europe
EUR/USD
Forex Technical Analysis − EUR/USD: (1.3523) Back in channel off 1.4867 by KBC Bank
Drop from 1.4867 sent the pair back below daily Uptrendline off 2002 (1.3996 today), with new reaction low scored: Support area at 1.3459/ .3421 (today's low?/ gap hourly), with next levels at 1.3382 (weekly Bollinger bottom), ahead of 1.3307 (daily envelope bottom), where pause favored. If wrong on that call, risk towards 1.3258/ .3242 (new reaction low/weekly Starc bottom), ahead of 1.3222 (weekly envelope bottom): tough on 1st attempts, amid oversold readings and bullish divergences in the making.
- Laughing at the market sentiments by Dr. S. Sivaraman de Dr. S. Sivaraman
- Technical Analysis Bootcamp: The indicators you need to know and how to interpret them by Dan Blystone, Founder TradersLog.com
- Check out how pairs moved: Live Currency Rates & Charts
Other Topics for this Session:
Forex Market Outlook on Majors − Forex Market Outlook on Majors by AceTrader
Trading Strategies
Daily Recommended Trades − Daily Technical Outlook − Monday 10.13.2008 by E−Forex
Stocks Report
Technical Trader Closing Brief − Dow Reverses 860 Points Higher in 40 Minutes, but Indices Still Close Slightly Lower by The Technical Trader
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, GFT (Global Forex Trading), Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
USD JPY, Hourly
GBP USD, Hourly
Top Market Movers Preview
EMU INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Oct 14 | 09:00 | Industrial Production w.d.a. (YoY) | - | -1.7% |
| Oct 14 | 09:00 | Industrial Production s.a. (MoM) | - | -0.3% |
Friday Notes - EMU, Industrial Production: Technical rebound, but the trend is down by HVB Group
The strong jump in German production bodes well for area−wide output, which should have shown a sizeable 1.0% m−o−m increase in August. However, this is going to be just a technical rebound, in part driven by favorable one−off factors.
[ Full Story ]Top Market Movers Review
New Zealand RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 12 | 21:45 | Retail Sales ex Autos (MoM) | 0.8% | - | -0.2% |
| Oct 12 | 21:45 | Retail Sales (MoM) | 0.4% | - | -0.8% |
UPDATE 1−NZ retail sales rise in Aug, rate outlook unchanged (Thomson Financial News)
New Zealand retail sales rose largely as expected in August, led by higher supermarket and department store sales, but consumer spending remained subdued, backing views the central bank will cut interest rates further.
[ Full Story ]- Read the Retail Sales report at Statistics New Zealand
- INSTANT VIEW−NZ August retail sales rise modestly (Thomson Financial News)
- TABLE−NZ August retail sales rise as expected (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 13 | 00:00 | JP | Bank Holiday (Sports Day) | |||
| 00:00 | US | Columbus Day | ||||
| 07:15 | CH | Producer and Import Prices (MoM) (Sep) | -0.5% | -0.5% | ||
| 07:15 | CH | Producer and Import Prices (YoY) (Sep) | 3.7% | 4.0% | ||
| 08:30 | UK | Producer Price Index − Input (MoM) s.a (Sep) | -2% | |||
| 08:30 | UK | Producer Price Index − Input (YoY) n.s.a (Sep) | 26.2% | |||
| 08:30 | UK | Producer Price Index − Output (MoM) n.s.a (Sep) | -0.6% | |||
| 08:30 | UK | Producer Price Index − Output (YoY) n.s.a (Sep) | 9.7% | |||
| 23:01 | UK | BRC Retail Sales Monitor − All (YoY) (Sep) | -1% | |||
| 23:50 | JP | Domestic Corporate Goods Price Index (MoM) (Sep) | -0.1% | |||