Monday, Sep 22, 11:06 GMT
U.S. Trading Newsletter
To Get Started
- Special Coverage - Financial Crisis: The US Government's ultimate intervention by FXstreet.com
- Webinar Videos: Multiple Timeframe Trading by James Chen
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Forex Blogs
The Advisor Blog: The Usd/Jpy intraday by Valeria Bednarik
The pair remains under pressure, attempting to break lower. with a tough congestion zone between 105.80/90 a continuation under it, will drive the pair to 105.55 another important support that also fall in the 61.8% of the last up leg 103.99/108.02. that level should hold today and offer some rebound.
The Disciplined Trader: How to choose a broker by Pierre Charlebois
FxBootcamp: Weekly Pivot Points by Wayne McDonell
Live Sessions Schedule
Appreciation and Deppreciation in News Trading
Expert: Carlos Rocha
Start: Mon, Sep 22, 13:00 GMT
Type of Session: Webinar
Topics
− How will the currency react?
− What does the Market do when the News are released?
− Should I buy or sell ?
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Sep 22, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Sep 22, 13:00 GMT | Appreciation and Deppreciation in News Trading | Carlos Rocha | WBN |  |
| Mon, Sep 22, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, Sep 22, 15:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets  | Mark Whistler | WBN | |
| Mon, Sep 22, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
Current Session: Europe − U.S.
GBP/USD
Forex Technical Report − GBPUSD September 22nd − Slowing Momentum by ForexHound.com
GBPUSD jumped on Friday over 300 points from the 1.8000 support zone up to the 1.8400 level, the move came after we saw a good decline in the morning and came as a bit of a surprise for us. The pair is now consolidating just under the 1.8400 high and so far it hasn't showed any increasing bullish momentum, on the contrary, a retracement from current levels would give bulls a nice re−entry opportunity. Conversely the next major resistance is the 1.8500 zone where we have the 38.2 % Fibonacci line of the 2.0160/1.7440 down move and we also have a long term moving average providing resistance.
- Fed Special Coverage Transcript by Valeria Bednarik
- 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:
Daily Trading Forecast − Stabilize Now, Pay Later by Swiss e Trade AG
Daily Analysis − The Dollar declines dramatically as bank bailouts worry traders by Finotec Group Inc.
Currency Technical Report − Currency Technical Report by FXGreece
Currency on the Day − EUR/USD by Forex−Trends.com
Banks' Analysis
Forex Technical Analysis − EUR/USD: (1.4493) Sharp rebound above channel top off 1.5944 by KBC Bank
Forex Analysts' Blog
The Gbp/Usd for today by Valeria Bednarik, analyst and foreign manager at MolFX − Management
Weekly Pivot Points by Wayne McDonell, FxBootcamp.com
Currency Performance Report
Action Bias Summary Table − Action Bias Summary Table by ActionForex.com
Forex Signals
Daily FX Forecast by S.A.F.E. Ltd
Majors at a Glance
- EUR/USD
- Moves up above first resistant level 1.4594
09/22/2008 10:05 GMT - GBP/USD
- Moves up towards first resistant level 1.8522
09/22/2008 10:05 GMT - USD/CHF
- Moves down towards first support level 1.0930
09/22/2008 10:06 GMT - USD/JPY
- Moves down towards first support level 105.76
09/22/2008 10:07 GMT
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
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
EMU PURCHASING MANAGER INDEX SERVICES
| Date (GMT) | Event | Cons. | Previous | |
| Sep 23 | 08:00 | Purchasing Manager Index Services | 48.0 | 48.5 |
| Sep 23 | 08:00 | Purchasing Manager Index Manufacturing | 47.3 | 47.6 |
Friday Notes - EMU PMIs: No Relief by HVB Group
We expect the factory PMI to resume declining in September, as the flow of new orders dries up and inventories continue climbing. We suspect manufacturing activity has not hit bottom yet.
[ Full Story ]Top Market Movers Review
EMU ECB TRICHET'S SPEECH
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 22 | 07:15 | ECB Trichet's Speech | - | - | - |
UPDATE 1−ECB says biggest Slovak euro concern is inflation (Thomson Financial News)
European Central Bank President Jean−Claude Trichet welcomed Slovakia as a future euro zone member on Monday but said its entering the area could fuel inflation that could derail it from sustainable convergence.
[ Full Story ]- Read full Jean−Claude Trichet speech at ECB
- ECB says biggest Slovak euro concern is inflation (Thomson Financial News)
- ECB−banks make heavy use of ECB emergency loan, deposits (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 21 | 23:01 | UK | Rightmove House Price Index (MoM) (Sep) | -1.0% | -2.3% | |
| 23:50 | JP | All Industry Activity Index (MoM) (Jul) | 0.8% | -0.9% | ||
| 23:50 | JP | BoJ Minutes (Aug) | ||||
| Sep 22 | 01:30 | AU | New Motor Vehicle Sales (MoM) (Aug) | -3.5% | -3.4% | |
| 01:30 | AU | New Motor Vehicle Sales (YoY) (Aug) | -7.2% | -4.1% | ||
| 07:15 | EMU | ECB Trichet's Speech | ||||
| 12:30 | CA | Retail Sales (MoM) (Jul) | 0.2% | 0.5% | ||
| 12:30 | CA | Retail Sales ex Autos (MoM) (Jul) | 0.3% | 1.4% | ||
| Sep 23 | 02:00 | NZ | Westpac Consumer Confidence (3Q) | 81.7 | ||
| 07:30 | DE | Purchasing Manager Index Manufacturing (Sep)  | 49.2 | 49.7 | ||