Monday, Nov 16, 12:13 GMT
U.S. Trading Newsletter
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Forex Blogs
Tech Trading: NZD/USD Assaulting resistance area by César B. Leiceaga
The area comprehended between 0,7420 and 0,7460 represents a heavy resistance that has been attacked several times now over the past sessions by NZD bulls. The ascending triangle suggests an upward breakout that could impulse NZD towards 2009's highs at 0,7630's.
Trading for a living: Today: London open by David Aranzabal
The Advisor Weblog: Eur/Usd fresh highs on sight by Valeria Bednarik
Sponsored by 
Live Sessions Schedule
Forex Basics Series: Chapter 7 − Average True Range
Expert: Valeria Bednarik
Start: Mon, Nov 16, 14:00 GMT
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Nov 16, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Nov 16, 14:00 GMT | Forex Basics Series: Chapter 7 − Average True Range | Valeria Bednarik | WBN |  |
| Mon, Nov 16, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
| Mon, Nov 16, 17:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Mon, Nov 16, 22:00 GMT | Trading Day's Live Wrap Up − With Extra Educational Contents | Valeria Bednarik | WBN | |
Current Session: Europe − U.S.
The bearish double top formation scenario seems to be loosing momentum
ACM − Advanced Currency Markets − The bearish double top formation scenario seems to be loosing momentum, and the pair is again heading towards 1.50 levels. A break above 26thOct High at 1.5062, for further bullishness targeting 1.52 –1.53 area. Support for pullbacks is located around the 1.4810/50 area.
USD/CHF
The dollar suffered renewed weakness in early European trading by Swiss e Trade AG
The dollar suffered renewed weakness in early European trading, losing ground to the right now reached 1.0080 against the Swiss franc, near the lows of the day so far until now.
USD/JPY
Continue to favour downside tests of key support between 87.00 and 1995's 85.00 by Mizuho Corporate Bank
Subtle signs in a series of currencies that the trend to generalised US dollar weakness is about to step up a gear. For dollar/yen we continue to favour a series of cautious downside tests of key support between 87.00 and 1995's 85.00
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : FXstreet.com , Deltastock , Financial Trend Analysis , Mizuho
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Event of the Day
US RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 16 | 13:30 | Retail Sales (MoM) | - | 1.0% | -1.5% |
| Nov 16 | 13:30 | Retail Sales ex Autos (MoM) | - | 0.4% | 0.5% |
Friday Notes - Rebound in car sales lifts retail sales by UniCredit Group
Retail sales continue to be dominated by huge swings in car sales even after the expiration of the cash for clunkers program.
[ Full Story ]The Week Ahead - Retail Sales, excluding Transportation , IP, Consumer Price Index (Headline, Core) & LII by BBVA Bancomer
Event of the Week
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 18 | 13:30 | Consumer Price Index (YoY) | - | -0.3% | -1.3% |
| Nov 18 | 13:30 | Consumer Price Index (MoM) | - | 0.2% | 0.2% |
Friday Notes - No inflation pressure in sight by UniCredit Group
Seasonally adjusted gasoline prices rose mildly in October, but natural gas prices surged by about 30%. As a result of the monthly 0.2% increase, the yoy inflation rate would rise further to −1⁄4%, which is the highest since March.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 16 | 00:01 | UK | Rightmove House Price Index (MoM) (Nov) | -1.6% | 2.8% | |
| 00:01 | UK | Rightmove House Price Index (YoY) (Nov) | 1.6% | 0.2% | ||
| 00:30 | JP | BoJ's Governor Shirakawa Speech | ||||
| 10:00 | EMU | Consumer Price Index − Core (YoY) (Oct) | 1.2% | 1.2% | 1.2% | |
| 10:00 | EMU | Consumer Price Index (MoM) (Oct) | 0.2% | 0.3% | 0.0% | |
| 10:00 | EMU | Consumer Price Index (YoY) (Oct) | -0.1% | -0.1% | -0.3% | |
| 13:30 | CA | Manufacturing Shipments (MoM) (Sep) | 0.5% | -2.1% | ||
| 13:30 | US | NY Empire State Manufacturing Index (Nov) | 29.9 | 34.6 | ||
| 13:30 | US | Retail Sales (MoM) (Oct) | 1.0% | -1.5% | ||
| 13:30 | US | Retail Sales ex Autos (MoM) (Oct) | 0.4% | 0.5% | ||
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