Thursday, Oct 16, 07:20 GMT
EUROPEAN Trading Newsletter
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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.
DISCOVER THE NEW CAG
Forex Blogs
FX Market Readings: No support − panic moves are seen by Dr. S. Sivaraman
All the markjet are under the panic grip of uncertanity and the levels are not being sustained. More sellers and no buyer condition has to stabilise for the markets to make any specific moves. We can either stay away and if risk taking ability is there then sell and buy can be done by moving stop to entry.
The Disciplined Trader: USD/CAD trade produces 200 pips − What's next? by Pierre Charlebois
The Advisor Blog: Usd/Jpy and the Asian session by Valeria Bednarik
Live Sessions Schedule
FX Instructor Live Trading Room − Free Access Day
Expert: Mark De La Paz
Start: Thu, Oct 16, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
How to create a trading system − Free Access Day
Expert: Valeria Bednarik
Start: Thu, Oct 16, 12:00 GMT
Type of Session: Webinar
Topics
− Set correct rules for sucessful trading
− Develop your own trading system step by step and learn how to do an apropiate backtesting; Real time, real money aplication
| Sponsored by | ||||
| Thu, Oct 16, 10:00 GMT | Tracking the forex market together / Part I − Free Access Day | Dr.S.Sivaraman | WBN |  |
| Thu, Oct 16, 11:00 GMT | FX Instructor Live Trading Room − Free Access Day | Mark De La Paz | WBN | |
| Thu, Oct 16, 12:00 GMT | How to create a trading system − Free Access Day | Valeria Bednarik | WBN | |
| Thu, Oct 16, 13:00 GMT | Tracking the forex market together / Part II − Free Access Day | Dr.S.Sivaraman | WBN | |
Current Session: Europe
AUD/USD
Daily Recommended Trades − Downtrend resumed by E−Forex
Downtrend resumed and it is confirmed by the break below the .6785 mark which became a daily resistance now. Support is seen lower at .6600, .6500 backed by .6435 and .6330. Resistance follows .6785/95 at .6990 and .7100. Both intraday and daily studies are bearish at the time of this report. Current quote is .6667 @06:40 GMT
- Sneak preview of the Live Technical Analysis Workshop in Barcelona, Spain Sunil Mangwani, CEO at FibForex123.
- 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:
Trading News Report − Easing Consumer Prices May Weigh On Dollar by FXCM
Pairs to Range Trade − A Wide EURCAD Range Offers A Longer−Termed Setup by FXCM
Currency Majors Technical Analysis by Mataf.net
Banks' Analysis
Forex Technical Analysis − EUR/USD: (1.3410) Back in channel off 1.4867 by KBC Bank
Weekly Outlook
Weekly Forex Focus by Trading Central
Analysts' Blogs
No support − panic moves are seen 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
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Oct 16 | 12:30 | Consumer Price Index Ex Food & Energy (YoY) | 2.5% | 2.5% |
| Oct 16 | 12:30 | Consumer Price Index (MoM) | 0.1% | -0.1% |
| Oct 16 | 12:30 | Consumer Price Index Ex Food & Energy (MoM) | 0.2% | 0.2% |
US economic indicators - Consumer prices declined slightly by 0.1% mom in August, and they might have fallen again in September by BHF−Bank
However, the seasonal adjustment will factor in most of the decrease in gasoline prices. We thus forecast that consumer prices will have remained unchanged in September. The annual rate could fall just under 5% for the first time since May. Core CPI could have risen modestly by 0.1% mom, leaving the annual rate stable at 2.4%.
[ Full Story ]Top Market Movers Review
US FED'S BEIGE BOOK
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 15 | 18:00 | Fed's Beige Book | - | - | - |
Fed Beige Book−economic activity weak across U.S. (Thomson Financial News)
Economic activity weakened across the United States in September as businesses rethought capital investments, consumers curtailed spending and the general outlook darkened, the Federal Reserve said on Wednesday. "Economic activity weakened in September across all twelve Federal Reserve Districts," the Fed said in its Beige Book report on the state of the economy through Oct. 6.
[ Full Story ]- Read the Beige Book at Federal Reserve
- UPDATE 1−Fed Beige Book−economic activity weak across U.S. (Thomson Financial News)
- Fed's September Beige Books finds weakened economic activity in all 12 districts (Thomson Financial News)
US economic indicators - Economic activities to have slowed markedly by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 15 | 18:00 | US | Fed's Beige Book | |||
| 23:00 | NZ | Business NZ PMI (Sep) | 47.0 | 45.7 | ||
| Oct 16 | 01:30 | AU | RBA Foreign Exchange Transaction | 407M | 307M | |
| 07:15 | CH | Adjusted Real Retail Sales (YoY) (Aug) | 0.0% | 2.3% | ||
| 09:00 | CH | ZEW Survey − Expectations (Oct) | -44.4 | |||
| 12:30 | US | Consumer Price Index (MoM) (Sep) | 0.1% | -0.1% | ||
| 12:30 | US | Consumer Price Index (YoY) (Sep) | 5.1% | 5.4% | ||
| 12:30 | US | Consumer Price Index Ex Food & Energy (MoM) (Sep) | 0.2% | 0.2% | ||
| 12:30 | US | Consumer Price Index Ex Food & Energy (YoY) (Sep) | 2.5% | 2.5% | ||
| 12:30 | US | Continuing Jobless Claims (Oct 4) | 3659K | |||