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U.S. Trading Newsletter
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Live Sessions Schedule
Technical Analysis Bootcamp: The indicators you need to know and how to interpret them
Expert: Dan Blystone
Start: Tue, Oct 16, 14:00 GMT
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Oct 16, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Oct 16, 15:00 GMT | Trading with Autochartist | Raghee Horner | WBN |  |
| Tue, Oct 16, 17:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Oct 17, 10:00 GMT | What Moves Currencies? − US CPI Preview | Tony Juste | WBN |  |
| Wed, Oct 17, 11:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
Current Session: Europe − U.S.
EUR/USD
Daily Technical Strategist − EURUSD: Maintains Its Bullish Tone, Keeps Attention On the 1.4250/81 Zone by FXTechstrategy
EURUSD− Despite an early morning weakness taking EUR to as low as 1.4158 today, the pair remains biased to the upside and still maintains both its short and medium term bullish tone which now leaves a challenge on and clean break of the 1.4250/81 area, which marks its .272 Ext.
- A bit of rollercoaster price action at Tony Juste's blog
- Long−term Forex Perspectives: Our new blog by John Jagerson and S. Wade Hansen
- New Webinars Video − Access now Educational Sessions Recordings
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
Other Topics for this Session:
Mid−Day Forex Technical Report − Risk Aversion Dominates, Dollar Mixed after Record Capital Outflow by ActionForex.com
Forex Trading Strategies − Bernanke fails to offer further clues on rate trajectory, Situation in Iraq re−introduces the concept of geopolitical risk by Saxo Bank
Daily Trading Strategy − Got the EUR/JPY by MVDForex
Majors at a Glance
- EUR/USD
- Moves down belwo first support level 1.4163 . Slow MA starts to fall
10/16/2007 14:53 GMT - GBP/USD
- Moves down toward second support level 2.0275
10/16/2007 14:54 GMT - USD/CHF
- Moves up toward first resistant level 1.1851
10/16/2007 14:55 GMT - USD/JPY
- Trades below second support level 116.65
10/16/2007 14:55 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, 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 NAHB HOUSING MARKET INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Oct 16 | 17:00 | NAHB Housing Market Index | 19 | 20 |
Ahead of the Bell: Builder Sentiment (Thomson Financial News)
A measure of sentiment about the new home market is forecast to drop for the eighth straight month, falling to a record low as builders slash prices amid weak demand.
[ Full Story ]Top Market Movers Review
US INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 16 | 13:15 | Capacity Utilization | 82.1% | 82.1% | 82.1% |
| Oct 16 | 13:15 | Industrial Production (MoM) | 0.1% | 0.1% | 0% |
U.S. Industrial production edges up in September, as expected (FXstreet.com)
Industrial production has increased slightly in September while capacity utilization remained at the same level as the previous month, according to data by the Federal Reserve.
[ Full Story ]- Read the Industrial Production and Capacity Utilization at Federal Reserve
- US Sept industrial production up 0.1 pct, capacity utilisation 82.1 pct (Thomson Financial News)
- Table Of Data On US Capacity Utilization (Dow Jones)
- DATA SNAP: US Sep Indus Production +0.1%; Consensus +0.1% (Dow Jones)
US economic indicators - Manufacturing indices will probably indicate further weakness in October by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 16 | 09:00 | DE | ZEW Survey − Economic Sentiment (Oct) | -18.1 | -22.3 | -18.1 |
| 12:30 | CA | Manufacturing Sales (MoM) (Aug) | -1.7% | -0.5% | 1.3% | |
| 13:00 | CA | BoC Interest Rate Announcement | 4.5% | 4.5% | 4.5% | |
| 13:00 | US | Net Long−term TIC Flows (Aug) | $-69.3B | $60.0 | $19.5B |
|
| 13:15 | US | Capacity Utilization (Sep) | 82.1% | 82.1% | 82.1% |
|
| 13:15 | US | Industrial Production (MoM) (Sep) | 0.1% | 0.1% | 0% |
|
| 17:00 | US | NAHB Housing Market Index (Oct) | 19 | 20 | ||
| 21:00 | US | ABC Consumer Confidence (Oct 14) | -13 | |||
| 23:50 | JP | Tertiary Industry Index (MoM) (Aug) | 1.0% | -0.5% | ||
| Oct 17 | 00:30 | AU | Westpac Leading Index (MoM) (Aug) | 0.2% | ||