Wednesday, Oct 15, 07:45 GMT
EUROPEAN Trading Newsletter
To Get Started
- Webinar Videos: Trading and Identifying Volatility in the Forex by John Jagerson
- View main world indices openings and closings
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
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
FxBootcamp: Pre London Outlook October 15th by Wayne McDonell
The tight correlation between the Euro USD and equity markets continue. We have a 15 min head and shoulders playing out and ironically the projection to the downside could be producing the right shoulder of an inverse 4 hr head and shoulders.
Chartology: GBP/USD Swing Buy on 60 min. by Raghee Horner
FX Market Readings: EURO and GBP are expected to swing and firm up for mid week by Dr. S. Sivaraman
Live Sessions Schedule
Trading Break Out's And Other Market Views
Expert: Phil Newton
Start: Wed, Oct 15, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Conventional Chart Patterns and Forex
Expert: Sam Seiden
Start: Wed, Oct 15, 11:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Oct 15, 10:00 GMT | Trading Break Out's And Other Market Views | Phil Newton | WBN | |
| Wed, Oct 15, 11:00 GMT | Conventional Chart Patterns and Forex | Sam Seiden | WBN |  |
| Wed, Oct 15, 12:00 GMT | What will be the next big story in the 4x−market?  | Adam Rosen | WBN | |
| Wed, Oct 15, 13:00 GMT | Profiting from Fear and Greed by trading against the crowd | David Rodríguez | WBN |  |
Current Session: Europe
USD/CHF
Daily Recommended Trades − Daily Technical Outlook − Wednesday 10.15.2008 by E−Forex
Intraday resistance is seen at 1.5500 followed by 1.5560, 1.5615 and 1.5650/60. Support starts at 1.5425 backed by 1.5340. Intraday studies are bullish and will remain so while support at 1.5425 is intact. A sustained break of 1.5500 should extend gains past yesterday's high at 1.5555, aiming towards 1.5615. Current quote is 1.5465 @06:40 GMT
- Is the market out of panicness? Dr. S. Sivaraman, of i−knowindices.com
- 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:
Pairs to Range Trade − Strong Technicals And Fading Volatility Setup EURUSD Range by FXCM
Currency Majors Technical Analysis by Mataf.net
Technical Trader Closing Brief − Pullback Session by The Technical Trader
Banks' Analysis
Forex Technical Analysis − EUR/USD: (1.3573) Back in channel off 1.4867 by KBC Bank
Weekly Outlook
Weekly Technical Strategist − EURUSD: A Follow−Through To The Downside Sees EUR Invalidate The 1.3682/66 Levels by FXTechstrategy
Analysts' Blogs
Harmonics and support zones by Sunil Mangwani, CEO at FibForex123
Forex Signals
Recent Recommended Trades 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 CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Oct 15 | 09:00 | Consumer Price Index (YoY) | 3.6% | 3.8% |
| Oct 15 | 09:00 | Consumer Price Index (MoM) | 0.1% | -0.1% |
| Oct 15 | 09:00 | Consumer Price Index − Core (YoY) | - | 1.9% |
EMU economic indicators - HICP inflation in the euro area (August): likely to be confirmed at 3.6% yoy by BHF−Bank
Final HICP inflation in the eurozone is likely to be confirmed at 3.6% in September. The monthly inflation rate is expected to be 0.0%. German consumer price inflation in August will probably be confirmed at 2.9 % yoy and –0.1 % mom.
[ Full Story ]Top Market Movers Review
Germany CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 15 | 06:00 | Consumer Price Index (MoM) | -0.1% | -0.1% | -0.3% |
| Oct 15 | 06:00 | Consumer Price Index (YoY) | 2.9% | 2.9% | 3.1% |
DATA SNAP:German Final Sep CPI −0.1% On Month; +2.9% On Year (Dow Jones)
German annual consumer price inflation in September fell below 3% for the first time since May, but energy and food price inflation remained strong, final federal statistics data showed Wednesday.
[ Full Story ]- Read the CPI data at German Statistics
- TABLE−German Sept CPI confirmed −0.1 pct m/m, +2.9 pct y/y (Thomson Financial News)
- German CPI eases in September as expected (FXstreet.com)
- Germany Sep Consumer Price Index edges down 0.1% in Se; 2.9% up year on year (FXstreet.com)
EMU economic indicators - German CPI in August will probably be confirmed at 2.9 % yoy and –0.1 % mom by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 15 | 04:30 | JP | Industrial Production (MoM) (Aug) | -3.5% | 1.3% | |
| 04:30 | JP | Industrial Production (YoY) (Aug) | -6.9% | 2.4% | ||
| 06:00 | DE | Consumer Price Index (MoM) (Sep) | -0.1% | -0.1% | -0.3% | |
| 06:00 | DE | Consumer Price Index (YoY) (Sep) | 2.9% | 2.9% | 3.1% | |
| 08:30 | UK | Average Earnings excluding Bonus (3Mo/Yr) (Aug) | 3.7% | 3.7% | ||
| 08:30 | UK | Average Earnings including Bonus (3Mo/Yr) (Aug) | 3.5% | 3.7% | ||
| 08:30 | UK | Claimant Count Rate (Sep) | 2.9% | 2.8% | ||
| 08:30 | UK | ILO Unemployment Rate (3M) (Aug) | 5.6% | 5.5% | ||
| 08:30 | UK | Jobless Claims Change (Sep) | 38K | 32K | ||
| 09:00 | EMU | Consumer Price Index − Core (YoY) (Sep) | 1.9% | |||