Monday, Sep 21, 11:10 GMT
U.S. Trading Newsletter
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International Traders Conference
LAST SEATS AVAILABLE!
Don't miss the third edition of FXstreet.com's International Traders Conference (ITC) on October 14-16, 2009 in Barcelona. Live Trading next to the experts.
This year's key speakers panel: Valeria Bednarik, Rob Booker, James Chen, Kim Cramer Larsson, Markus Heitkoetter, Ashraf Laidi and Andrei Pehar.
Limited to 60 seats! Register now!
To Get Started
- Use our brand new performance table! See ranges for main pairs in % or pips from 5 min to YTD. Go Now!
- WEBINAR VIDEOS: The Weather Report: Ichimoku Cloud Trading by Chris Capre
- All the events of the day in our Economic Calendar
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Forex Blogs
Trading for a living: Cable: 100% retr. almost reached at the european opening by David Aranzabal
Cable is in down fall, and this morning almost reached the 100% retracement in 60m chart after 7 days making news lows. The move anyway was quite tricky this morning because it started before the Frankfurt opening so only the early risers won the price today.
FX Market Readings: Drop is expected in EURO and GBP by Dr. S. Sivaraman
Tech Trading: EUR/USD Top & Reversal? by César B. Leiceaga
Sponsored by 
Live Sessions Schedule
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Sep 21, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Sep 21, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Sep 21, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Mon, Sep 21, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Sep 21, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, Sep 21, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
Current Session: Europe − U.S.
EURUSD: Outlook Remains Higher Towards The 1.4719 Level
FXTechstrategy − Outlook Remains Higher Towards The 1.4719 Level − With continued upside gains seen the past week following its recent trigger of its medium term uptrend, outlook for higher upside gains remains towards its strong resistance at the 1.4719 level, its Dec 18'08 high. Although a rejection of that level was seen on Friday, as long as the mentioned medium term strength remains, EUR looks to break and hold above there. In such a case, the 1.4875 level, representing its Sept 21'09 high.
GBP/USD
USD Regaining Ground Ahead Of FOMC by ACM − Advanced Currency Markets
Those who are short from the sweet spot on the top of the second shoulder at 1.6660 / 6750 will likely be covering some of their position at the major support between 1.5947 and 1.5985
USD/CHF
Trading currently at 1.0360, and in heavily overbought condition already by Swiss e Trade AG
A somewhat bigger up correction of the dollar against the Swiss franc found its continuation this European morning. Trading currently at 1.0360, and in heavily overbought condition already.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : FXstreet.com, Financial Trend Analysis
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Canada FOREIGN INVESTMENT IN CANADIAN SECURITIES
| Date (GMT) | Event | Cons. | Previous | |
| Sep 21 | 12:30 | Canadian Investment in Foreign Securities | - | -$1.4B |
| Sep 21 | 12:30 | Foreign investment in Canadian securities | $7.76B | $10.51B |
US LEADING INDICATORS
| Date (GMT) | Event | Cons. | Previous | |
| Sep 21 | 14:00 | Leading Indicators (MoM) | 0.8% | 0.6% |
Friday Notes - Leading indicators rose again strongly by UniCredit Group
The Conference Board's Index of Leading Indicators (LEI) rose again strongly in August. Largest contributors were the yield curve, the stock market, vendor deliveries and building permits. Real M2 money supply, in contrast, most likely subtracted from the index.
[ Full Story ]UK BANK OF ENGLAND MINUTES
| Date (GMT) | Event | Cons. | Previous | |
| Sep 23 | 08:30 | Bank of England Minutes | - | - |
US FED INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Sep 23 | 18:15 | Fed Interest Rate Decision | 0.25% | 0.25% |
Which central bank will pull the trigger first? by Easy Forex
There appears to be a rift at the Fed over how quickly to hike rates and scale back quantitative ease as the US economy recovers.
[ Full Story ]Live Daily Broadcast - Today's Live Show: The USD, the Fed and G20− What to Expect Next Week? by AllThingsForex
The Overnight Express: North American Edition - Fed Looking to Green Light Pay Packages at 5k Bank Holding Companies by The Overnight Express
Top Market Movers Review
UK RIGHTMOVE HOUSE PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 20 | 23:01 | Rightmove House Price Index (MoM) | 0.6% | 0.6% | -2.2% |
| Sep 20 | 23:01 | Rightmove House Price Index (YoY) | -1.5% | - | -3.1% |
UK Rightmove Sep House Price Index +0.6% On Mo, −1.5% On Yr (Dow Jones)
[ Full Story ]- Read the House data at Rightmove
- Improving UK house price data supports GBP (Forex Live)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 20 | 22:45 | NZ | Visitor Arrivals (Aug) | -0.8% | 3.9% | |
| 23:01 | UK | Rightmove House Price Index (MoM) (Sep) | 0.6% | 0.6% | -2.2% | |
| 23:01 | UK | Rightmove House Price Index (YoY) (Sep) | -1.5% | -3.1% | ||
| Sep 21 | 01:30 | AU | New Motor Vehicle Sales (MoM) (Aug) | 0.3% | -6.9% | |
| 01:30 | AU | New Motor Vehicle Sales (YoY) (Aug) | -6.2% | -10.4% | ||
| 03:00 | NZ | Credit Card Spending (Aug) | 0.1% | -1.9% |
||
| 12:30 | CA | Canadian Investment in Foreign Securities (Jul) | -$1.4B | |||
| 12:30 | CA | Foreign investment in Canadian securities (Jul) | $7.76B | $10.51B | ||
| 14:00 | US | Leading Indicators (MoM) (Aug) | 0.8% | 0.6% | ||
| 22:45 | NZ | Current Account (2Q) | -1.88B | -1.25B | ||
Educational Resources
Featured Educator: Kim Cramer Larsson
Kim Cramer Larsson has 19 years in the financial industry and 12 years experience in working with technical analysis. He's a close contributor of FXstreet.com and will also be Key Speaker at FXstreet.com's International Traders Conference in Barcelona on October 14−16. Check his author's page to know more about him and his contributions!
Related Resources
Today's Trading Signals - The most viewed report of FXstreet.com
Key Speaker at the ITC 09 Barcelona on October 14-16 - Register deadline is October 2nd!