Monday, Feb 09, 12:16 GMT
U.S. Trading Newsletter
To Get Started
- Webinar VIDEOS: Institutional Trading Strategies: Pivot Points by Andrei Pehar
- All the events of the day in our Economic Calendar
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Forex Blogs
The Advisor Blog: Eur/Usd for today by Valeria Bednarik
The pair remains attached to the descendant daily trend line we have been seing these last days: despite starting the day above it, 4 hours indicators seem some exhaustion to the upside, and the pair needs to move above today's high to confirm more upside movements, quite unlikely at this moment.
CEO's Weblog: FX Trader of the Year 2009 Demo Contest - Eric from Indonesia leads by Francesc Riverola
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Live Sessions Schedule
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Feb 9, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Feb 9, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Feb 9, 12:00 GMT | Forex Basics Series: Chapter 2 − Support and resistance | Valeria Bednarik | WBN |  |
| Mon, Feb 9, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN | |
| Mon, Feb 9, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Feb 9, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
Current Session: Europe − U.S.
Greenback and Yen: The Amerasian Marriage
Swiss e Trade AG − Continuing to trade in low volatility, the USD is currently priced at 91.50 near the 92.00 resistance. We expect the market to trade lower today, still in low volatility, testing the 91.00 support level again. A break of this level would point to prices around 89.90, which we see holding short term. Longer term, and with reference to the above general remarks, we see a bear market in the making − a confirmation for that would be a break of the 88.60 level.
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Forex Economic Analysis − The pair is in a larger corrective phase towards 1.60+ by www.deltastock.com
The pair is in a larger corrective phase towards 1.60+, after bottoming at 1.3506. Trading is situated below the 50− and 200−day SMA, currently projected at 1.5505 and 1.8341.
Weekly Technical Strategist − Strength Off The 1.2706 Level Halts Downside Weakness by FXTechstrategy
An attempt to maintain its declines off the 1.4719 was rebuffed last week, turning the pair higher to close the week higher at 1.2925,its first since tumbling off the mentioned high in Dec'08.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, i-knowindices.com, Mizuho Corporate Bank, MolFX - Management
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Canada HOUSING STARTS S.A
| Date (GMT) | Event | Cons. | Previous | |
| Feb 9 | 13:15 | Housing Starts s.a (YoY) | 165K | 172K |
Pairs to Range Trade - Short Term Chop Sets Up A USDCAD Range For Early Next Week by FXCM
Housing starts will offer another gauge of consumer wealth – now a major component of growth. Also interesting will be the physical trade and capital flow balance reports. Are Canada's markets and economy really that strong? These indicators will offer a benchmark.
[ Full Story ]Top Market Movers Review
EMU SENTIX INVESTOR CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 9 | 09:30 | Sentix Investor Confidence | -36.13 | -31.20 | -34.40 |
Sentix euro zone sentiment index falls unexpectedly (Thomson Financial News)
Sentiment among euro zone investors unexpectedly worsened in February after having improved at beginning of the year, the Sentix research group said on Monday. Sentix's monthly index of investor morale in the 16−nation euro zone fell to −36.1 in February from −34.4 in January, wrongfooting expectations for a rise to −30.0 forecast in a Reuters poll of economists last week.
[ Full Story ]- Read the Investor Confidence data at Sentix [text in German]
- EU Sentix Investor Confidence down to −36.13 in Feb vs −34.4 in Jan (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 9 | 00:30 | AU | ANZ Job Advertisements (Jan) | -6.3% | -9.7% | |
| 05:00 | JP | Eco Watchers Survey: Current (Jan) | 17.1 | 15.9 | ||
| 05:00 | JP | Eco Watchers Survey: Outlook (Jan) | 22.1 | 17.6 | ||
| 06:00 | JP | Machine Tool Orders (YoY) (Jan) | -84.4% | -71.8% | ||
| 07:00 | DE | Trade Balance (Dec) | 6.9B | 10.0 | 9.9B |
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| 09:30 | EMU | Sentix Investor Confidence (Feb) | -36.13 | -31.20 | -34.40 | |
| 13:15 | CA | Housing Starts s.a (YoY) (Jan) | 165K | 172K |
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| Feb 10 | 00:01 | UK | BRC Retail Sales Monitor − All (YoY) (Jan) | -3.3% | ||
| 00:01 | UK | RICS House Price Balance (Jan) | -70% | -73% | ||
| 00:30 | AU | National Australia Bank's Business Conditions (Jan) | -6 | |||