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Forex Blogs
The Advisor Weblog: Eur/Usd technical perspective by Valeria Bednarik
Taking a look at 4 hours charts, take a look at the last two candles: long down shadows, and closing to the upside: that usually means buyers take there chances in any deep, keeping the pair above the 1.5000 level.
Francesc's Weblog: October09 Top10 Forex Reports by Francesc Riverola
Tech Trading: USD/CAD Constructs lower highs by César B. Leiceaga
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Live Sessions Schedule
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, Nov 10, 15:00 GMT
Type of Session: Webinar
Drilling down, Support and Resistance
Expert: Triffany Hammond
Start: Tue, Nov 10, 17:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Nov 10, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Tue, Nov 10, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Tue, Nov 10, 15:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN | |
| Tue, Nov 10, 17:00 GMT | Drilling down, Support and Resistance | Triffany Hammond | WBN | |
Current Session: Europe − U.S.
EURUSD: Bullish Above The 1.4844 level
Mizuho Corporate Bank − Having opened the week on bullish momentum following its decisive break through its Oct 27'09 high on Monday, threats of further gains continue to be seen towards the 1.5000 level. Though seen hesitating in early trading today, while the 1.4926 level or even the 1.4844 level remains unbroken, we expect the pair to head further higher.
Beyond the 1.5000 level will highlight its YTD high at 1.5062 with a loss of there resuming its medium term uptrend towards the 1.5082 level, its Aug 10'08 high
GBP/USD
Comments from Fitch Halts Sterling Rise by ACM − Advanced Currency Markets
Comments from Fitch offset positive UK data and temporally halted the sterling rise. Focus now returns to its 1.7041 year−to−date high, with 1.6740 now providing decent resistance. RSI still not quite at overbought levels (60 last) so bullish momentum has further room to go.
USD/CHF
Crude has bounced off its short term, 38% fib level at 78.85 by Swiss e Trade AG
The dollar is continuing its slight recovery against the Swiss franc in the early European morning and is currently priced at 1,0080. We do not see much more impetus for higher volatility today.
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
Event of the Day
Germany ZEW SURVEY − ECONOMIC SENTIMENT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 10 | 10:00 | ZEW Survey − Economic Sentiment | 51.1 | 54.0 | 56.0 |
Top Fundamental Stories - Euro zone ZEW survey for economic sentiment declines by ecPulse.com
[ Full Story ]- Read the Economic Sentiment data at ZEW Institute
- UPDATE: Nov ZEW Econ Expectations 51.1 Vs 56.0 In Oct (Dow Jones)
- DATA SNAP: Nov ZEW Econ Expectations 51.1 Vs 56.0 In Oct (Dow Jones)
- Forex: EUR/USD: Euro eases from 1.5000 as Zew expectations index declines (FXstreet.com)
Fundamental Currencies Comments - The Dollar Inches Up After European Data by ecPulse.com
European Market Update - German ZEW suggest that recovery is fragile by TradeTheNews.com
EMU economic indicators - German ZEW economic sentiment (November): slight rebound by BHF−Bank
Event of the Week
US TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 13 | 13:30 | Trade Balance | - | -$32.0 | -$30.7B |
Friday Notes - Trade deficit to widen again slightly by UniCredit Group
Crude oil prices fell by about 4% between August and September. But this should have been more than offset by a rebound in the quantity of imported oil, which dropped by more than 10% in August.
[ Full Story ]US economic indicators - Trade balance (Sep): widening deficit by BHF−Bank
The Week Ahead - Jobless Claims, Federal Budget, UMI Sentiment and Trade Balance by BBVA Bancomer
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 10 | 07:00 | DE | Consumer Price Index (MoM) (Oct) | 0.1% | 0.1% | -0.4% |
| 09:30 | UK | DCLG House Price Index (YoY) (Sep) | -4.1% | -4.9% | -5.6% | |
| 09:30 | UK | Goods Trade Balance (Sep) | £-7.2B | -£6.1B | -£6.1B |
|
| 09:30 | UK | Total Trade Balance (Sep) | £-3.5B | -£2.2B | -£2.2B |
|
| 10:00 | DE | ZEW Survey − Economic Sentiment (Nov) | 51.1 | 54.0 | 56.0 | |
| 10:00 | EMU | ZEW Survey − Economic Sentiment (Nov) | 51.8 | 58.9 | 56.9 | |
| 14:15 | US | Fed's Lockhart speech | ||||
| 21:45 | NZ | Food Price Index (MoM) (Oct) | -0.7% | |||
| 22:00 | US | ABC/Washington Post Consumer Confidence (Nov 8) | -49 | |||
| 23:30 | AU | Westpac Consumer Confidence (Nov) | 1.7% | |||
Educational Resources
They can... what about me? Forex opportunities
Today everyone is trying to earn as much money as they can and most of them do forget all the other things that matter in life. Even though some of them succeed by becoming millionaires, greed acts an important role on their life. How do we cope with greed, our emotions depend on our personal characteristics. Read Tomas Cedavicius' article
Related Resources
Man vs. Market - Ebook by Rob Booker
The Psychology of Trading − The Mind of the Market - Report by Joseph Trevisani