Tuesday, Oct 14, 07:51 GMT
EUROPEAN Trading Newsletter
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- Webinar Videos: Trading and Identifying Volatility in the Forex by John Jagerson
- View main world indices openings and closings
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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.
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Forex Blogs
FX Market Readings: Sustained rise by Dr. S. Sivaraman
EURO and GBP recovered nicely for second day in succession indicating the reversal is happening during second week of the month. Japanese session rise in them could be followed by a session close profit booking dip of 40−60pips...
FxBootcamp: Pre London Outlook October 14th 2008 by Wayne McDonell
FX Path: GBP/USD − Trendline Breakout / Bullish Rebound by James Chen
Live Sessions Schedule
Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Tue, Oct 14, 12:30 GMT
Type of Session: Webinar
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, Oct 14, 14:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Oct 14, 08:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN |  |
| Tue, Oct 14, 10:00 GMT | Tracking the forex market together / Part I  | Dr.S.Sivaraman | WBN | |
| Tue, Oct 14, 11:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN |  |
| Tue, Oct 14, 12:00 GMT | Live Market Analysis and Setting Up Swing Trades | Sam Seiden | WBN | |
Current Session: Europe
AUD/USD
Daily Recommended Trades − Important resistance at .7100 is under pressure by E−Forex
Important resistance at .7100 is under pressure and a potential breach may extend gains further towards .7340. Intraday studies are bullish and we expect the Aussie to trade on the upside while support at .6800 remains intact. Minor support at .6990/00 could as well limit the downside on potential pullbacks and keep intraday studies unchanged. Current quote is .7080 @06:30 GMT
- 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:
Technical Trader Closing Brief − Biggest Rally in Stock Market History! by The Technical Trader
Currency Majors Technical Analysis − 102,21. USD JPY broke 101,40 resistance by Mataf.net
The Mid−Day Minute − Completed Initial Upleg in Q's? by MPTrader.com
Daily Market Outlook by AceTrader
Banks' Analysis
Forex Technical Analysis − EUR/USD: (1.3684) Back in channel off 1.4867 by KBC Bank
Analysts' Blogs
Sustained rise by Dr. S. Sivaraman, of i−knowindices.com
Forex Signals
Forex Market Outlook on Minors/Crosses − Forex Market Outlook on Minors/Crosses by AceTrader
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) | -1.8% | -1.7% |
| Oct 14 | 09:00 | Industrial Production s.a. (MoM) | 1.1% | -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
Japan CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 14 | 05:00 | Consumer Confidence | 31.8 | 29.9 | 30.5 |
| Oct 14 | 05:00 | Consumer Confidence Households | 31.4 | - | 31.5 |
Japan consumer sentiment worsens in Sept (Thomson Financial News)
Japanese consumer confidence fell to a fresh record low in September from three months earlier on a seasonally adjusted basis, a government survey showed on Tuesday.
[ Full Story ]- Read the Consumer confidence data at the Cabinet Office
UK BRC RETAIL SALES MONITOR − ALL
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 13 | 23:01 | BRC Retail Sales Monitor − All (YoY) | -1.5% | - | -1.0% |
DATA SNAP: UK BRC Retail Sales Fall For 6th Mo Out Of Seven (Dow Jones)
U.K. retail sales fell again in September, as miserable weather and increasingly gloomy consumers ensured same−store sales dropped for the sixth time in seven months, the British Retail Consortium said Tuesday. Same−store retail sales fell 1.5% on the year in September, compared with a 1.0% decline in August. Total sales, which include new retail outlets, rose 1.0% in September on an annual basis, down from a 1.4% increase on the year in August.
[ Full Story ]- Read the Retail Sales Monitor report at British Retail Consortium
- UK retail sales fall for 4th month in Sept−BRC (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 13 | 23:50 | JP | Domestic Corporate Goods Price Index (MoM) (Sep) | -0.4% | -0.6% | -0.1% |
| Oct 14 | 00:30 | AU | National Australia Bank's Business Conditions (Sep) | -8 | -3 | -7 |
| 05:00 | JP | Consumer Confidence (Sep) | 31.8 | 29.9 | 30.5 | |
| 05:00 | JP | Consumer Confidence Households (Sep) | 31.4 | 31.5 | ||
| 08:30 | UK | Consumer Price Index (MoM) (Sep) | 0.3% | 0.6% | ||
| 08:30 | UK | Consumer Price Index (YoY) (Sep) | 5.0% | 4.7% | ||
| 08:30 | UK | Core Consumer Price Index (YoY) (Sep) | 2.1% | 2.0% | ||
| 08:30 | UK | DCLG House Price Index (YoY) (Aug) | -1.1% | -0.3% | ||
| 08:30 | UK | Retail Price Index (MoM) (Sep) | 0.5% | 0.3% | ||
| 08:30 | UK | Retail Price Index (YoY) (Sep) | 4.9% | 4.8% | ||