Monday, Sep 28, 11:11 GMT
U.S. Trading Newsletter
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International Traders Conference
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To Get Started
- Do you know it all about FX? Test yourself! Learning Center Practice A is out!
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- WEBINAR VIDEOS: FX Market Pulse by Raghee Horner
- All the events of the day in our Economic Calendar
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Forex Blogs
Tech Trading: Cable set for a rebound by César B. Leiceaga
Cable has been hit hard during the last sessions and is now rebounding from last significant support area around 1,5800− 1,5760 against the U.S. dollar. Shorter time frames signal a further bull move until 1,5915 resistance and 30SMA on 1 hour chart. If broken a rally until 1,5970−1,6000−1,6039 (38,20% Fib) is probable.
Francesc's Weblog: Forex Learning Center Unit A Practice finally released by Francesc Riverola
FX Path: USD/CAD - Trendline Breakout after Double-Bottom by James Chen
Sponsored by 
Live Sessions Schedule
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Sep 28, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading Day's Live Wrap Up
Expert: Valeria Bednarik
Start: Mon, Sep 28, 22:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Sep 28, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, Sep 28, 22:30 GMT | Trading Day's Live Wrap Up | Valeria Bednarik | WBN |  |
| Tue, Sep 29, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
| Tue, Sep 29, 08:00 GMT | London Session Scenarios on GBPUSD & GBPJPY | Mihai Marinescu | WBN | |
Current Session: Europe − U.S.
European markets fall; Yen consolidates highs
FXstreet.com − European markets are continuing the weak note around the world and it is following the red close in the Asian session and the Friday's Wall Street bad finish. Markets are concerning on earnings and no signals on stimulus exit plans. Yen is enjoying the current situation and it is trading higher against the majors.
USD/JPY
Attempt shorts at 89.25; Short term target 88.25/88.00 by Mizuho Corporate Bank
Plummeting to the lowest since January's low at 87.10 following Friday's close below 90.00. Momentum should remain bearish.
EUR/USD
Halts Gains, Triggers Corrective Pullbacks by FXTechstrategy
Even though EUR still maintains its medium term uptrend triggered off the 1.2456 level in Mar'09, nearer term that trend has stalled.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : FXstreet.com, Financial Trend Analysis, KBC, Mataf.net, Mizuho
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
Germany CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Sep 28 | 06:00 | Consumer Price Index (MoM) | -0.2% | 0.2% |
| Sep 28 | 06:00 | Consumer Price Index (YoY) | -0.1% | 0.0% |
EMU economic indicators - German CPI inflation (September): slightly negative again by BHF−Bank
[ Full Story ]EMU ECB TRICHET'S SPEECH
| Date (GMT) | Event | Cons. | Previous | |
| Sep 28 | 14:30 | ECB Trichet's Speech | - | - |
US ADP EMPLOYMENT CHANGE
| Date (GMT) | Event | Cons. | Previous | |
| Sep 30 | 12:15 | ADP Employment Change | -194K | -298K |
US ISM MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| Oct 1 | 14:00 | ISM Manufacturing | 53.9 | 52.9 |
US NONFARM PAYROLLS
| Date (GMT) | Event | Cons. | Previous | |
| Oct 2 | 12:30 | Nonfarm Payrolls | - | -216K |
Friday Notes - Monthly employment report: Still not out of the woods by UniCredit Group
As the recession ended and production keeps rising, the number of job losses has declined appreciably. The ongoing downward trend in initial jobless claims corroborates that, in particular, the pace of layoffs is slowing down.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 28 | n/a | DE | Consumer Price Index (MoM) (Sep)  | -0.2% | 0.2% | |
| n/a | DE | Consumer Price Index (YoY) (Sep) | -0.1% | 0.0% | ||
| 14:30 | EMU | ECB Trichet's Speech | ||||
| 22:45 | NZ | Building Permits (MoM) (Aug) | 5% | |||
| 23:30 | JP | National Consumer Price Index (YoY) (Aug) | -2.2% | -2.2% | ||
| 23:30 | JP | National CPI Ex Food, Energy (YoY) (Aug) | -1.3% | -0.9% | ||
| 23:30 | JP | National CPI Ex−Fresh Food (YoY) (Aug) | -2.4% | -2.2% | ||
| 23:30 | JP | Tokyo Consumer Price Index (YoY) (Sep) | -1.8% | -1.6% | ||
| 23:30 | JP | Tokyo CPI ex Food, Energy (YoY) (Sep) | -0.9% | -1.1% | ||
| 23:30 | JP | Tokyo CPI ex Fresh Food (YoY) (Sep) | -2.0% | -1.9% | ||
Educational Resources
Losing To Win, It's All In Your Perception
This week Sam Seiden will demonstrate that like sports, trading is all about attitude. The winning attitude almost always beats the losing attitude. You have to be a good loser in order to win. Taking a small loss in trading is not wrong at all, it's the right thing to do and a MUST if you are ever to enjoy gains. Read whole Sam Seiden's article!
Other articles of this week's Lessons from the Pros
When It's Time to Take a Break from a Great Relationship... - Article by Sam Evans
TIC − Real Estate Without Daily Management - Article by Diana Hill