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Before printing please ensure that it is absolutely necessary. Remember the environment is for all of us!

FXstreet.com Newsletter does not constitute a solicitation for the purpose of buying or selling in the foreign exchange market. Although the information contained in FXstreet.com Newsletter comes from trusted sources, FXstreet.com is not responsible for guaranteeing the accuracy, timeliness, completeness or fitness of such sources. © 2008 "FXstreet.com. The Forex Market" All Rights Reserved.

EUROPEAN Trading Newsletter - Oct 27, 2008

Monday, Oct 27, 08:46 GMT

EUROPEAN Trading Newsletter

To Get Started

• Webinar Videos: Facts, Fiction and Truth About Day Trading by Markus Heitkoetter
• International Traders Conference '08 Final Countdown: 2 days left before the event starts!

Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.

Check out the new CAG!

The currencies revolution arrives at FXstreet.com

New Currencies at a Glance with all the technical studies you need for your trading plan. Review the market info of the top 31 currency pairs including the hottest pairs of the past week: EUR/USD, GBP/USD, USD/JPY and EUR/CHF.
Moreover data such as live market quotes, forecast, analysts comments, breaking stories and Economic Calendar can be extremely efficient tools for your trading plan.
DISCOVER THE NEW CAG

[ Full Story ]

Forex Blogs

Forex Trading Today: A New Week…So What Now? by Tim Salem (CVJ)

We have simply had perpetual cyclical continuation in the Equities markets as we move across the world from Sydney back around to Tokyo each day. The continued height of the "bouncing ball" of noise and chop across all markets seemingly gets higher and higher.

[ Full Story ]

1st on Forex: Last Week and The Week Ahead by Jerry Furst

FxBootcamp: Crashing… but not the end of the world by Wayne McDonell

Live Sessions Schedule

Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Mon, Oct 27, 12:30 GMT

Type of Session: Webinar

Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Oct 27, 14:00 GMT
Sponsored by: 
Type of Session: Webinar

Sponsored by
Mon, Oct 27, 12:00 GMT	Bollinger Bands and RSI	Valeria Bednarik	WBN
Mon, Oct 27, 12:30 GMT	Dan Blystone's Daily Briefing	Dan Blystone	WBN
Mon, Oct 27, 14:00 GMT	Derek Frey's Outlook	Derek Frey	WBN
Mon, Oct 27, 16:00 GMT	Weekly Webinar: 1st on Forex − The Week Ahead	Jerry Furst	WBN

[ View All ]

Current Session: Europe

USD/JPY

Currency Majors Technical Analysis − USD JPY is in an downtrend directed by 1H exponential moving averages by Mataf.net

93,31. USD JPY is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a resistance below 95,00 (169 pips). The downtrend should continue to gather momentum.
=> We could take a short position at 93,50. We will put the stop loss above 95,00 (−150 pips). The targets are 91,00 (+250 pips, risk/reward 1:1.7), 88,00 (+550 pips, risk/reward 1:3.7) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative −> 4 Trend following): 3.

[ Full Story ]

Dow Theory principles by Valeria Bednarik, analyst and foreign manager at MolFX - Management

Technical Analysis Bootcamp: The indicators you need to know and how to interpret them by Dan Blystone, Founder TradersLog.com

Check out how pairs moved: Live Currency Rates & Charts

Other Topics for This Session

Trading News Report - EURUSD: German Business Sentiment Expected to Falter - Can the Euro Hold Its Ground? by FXCM

Market Session Recaps - Asia Session by FOREX.com

Currencies at a Glance

EUR/USD

Continues to moves downward with low volatility. Support is seen at 1.2330 while resistance is seen at 1.2718.
10/27/2008 07:39 GMT

GBP/USD

Slides gradually with moderate volatility. Immediate support is seen at 1.5386. MAs are declining gradually.
10/27/2008 07:40 GMT

USD/CHF

Moves upward with low volatility. Support is seen at 1.1582 while resistance is at 1.1750.
10/27/2008 07:41 GMT

USD/JPY

Continues to move downward with low volatility Support is seen at 91.81. Intraday resistance is seen at 94.91.
10/27/2008 07:42 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - EUR/USD

**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, GFT (Global Forex Trading), Mizuho Corporate Bank

[ View ASI page ] [ View EUR/USD page ]

Charting the Market Movers

USD JPY, Hourly

GBP USD, Hourly

Top Market Movers Preview

Germany IFO − BUSINESS CLIMATE

Date (GMT)		Event	Cons.	Previous
Oct 27	09:00	IFO − Business Climate	91.0	92.9
Oct 27	09:00	IFO − Expectations	85.0	86.5

Friday Notes - Strong deterioration in business sentiment by HVB Group

The ongoing deterioration in the outlook for growth of its most important trade partners still argues against stabilization in business expectations. Moreover, the strong downward trend in the situation component should have continued because of the very weak development of orders since as far back as the end of last year.

[ Full Story ]

Daily Forex Technical Report − Yen Intervention Talk Builds Up by ActionForex.com

Trading News Report - EURUSD: German Business Sentiment Expected to Falter − Can the Euro Hold Its Ground? by FXCM

Top Market Movers Review

Japan CORPORATE SERVICE PRICE

Date (GMT)		Event	Actual	Cons.	Previous
Oct 26	23:50	Corporate Service Price (YoY)	0.1%	-	1.4%

Japan September Corporate Service Price Index Table Of Data (Dow Jones)

The following is Japan September Corporate Service Price Index Table Of Data

[ Full Story ]

• Read the CSPI at Bank Of Japan
• Japan economic indicators to Nov 25 (Thomson Financial News)

Economic Events

Date (GMT)		Country	Event	Actual	Cons.	Previous
Oct 26	23:50	JP	Corporate Service Price (YoY) (Sep)	0.1%		1.4%
Oct 27	09:00	DE	IFO − Business Climate (Oct)		91.0	92.9
	09:00	DE	IFO − Expectations (Oct)		85.0	86.5
	09:00	EMU	M3 (YoY) (Sep)		8.5%	8.8%
	14:00	US	New Home Sales (Sep)		455K	460K
	14:00	US	New Home Sales (MoM) (Sep)		-1.1%	-11.5%
	14:00	US	Treasury Secretary Paulson speech
	23:50	JP	Large Retailer's Sales (Sep)		-2.7%	-2.2%
	23:50	JP	Retail Trade (YoY) (Sep)		0.0%	0.7%
	23:50	JP	Retail Trade s.a (MoM) (Sep)		-0.2%	0.7%

[ View All ]

Past Issues  ·   Subscribe to other newsletters  ·   Unsubscribe

Before printing please ensure that it is absolutely necessary. Remember the environment is for all of us!

FXstreet.com Newsletter does not constitute a solicitation for the purpose of buying or selling in the foreign exchange market. Although the information contained in FXstreet.com Newsletter comes from trusted sources, FXstreet.com is not responsible for guaranteeing the accuracy, timeliness, completeness or fitness of such sources. © 2008 \"FXstreet.com. The Forex Market\" All Rights Reserved.Click here to unsubscribe

ASIA-PACIFIC Trading Newsletter - Oct 24, 2008

Friday, Oct 24, 16:02 GMT

ASIA-PACIFIC Trading Newsletter

IMPORTANT NOTICE

From now on registration will be required to receive Newsletters

If you want to keep receiving our newsletters (European Trading Newsletter, US Trading Newsletter, Asia−Pacific Trading Newsletter and Forex Informer) you have to be registered as an FXstreet.com user.

To be a user and receive our newsletters you have to create an FXstreet.com account. Once registered you can select the newsletters you want to receive from your account settings.

Sorry for the inconvenience. We hope you are enjoying our services.

[ Full Story ]

To Get Started

• A Great Play on the Silver Market by The Trader's Journal Collaborators
• FXstreet.com International Traders Conference 2008 Final Countdown: 5 days left before the event starts!
• Webinar Videos: Facts, Fiction and Truth About Day Trading by Markus Heitkoetter

Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.

Check out the new CAG!

The currencies revolution arrives at FXstreet.com

New Currencies at a Glance with all the technical studies you need for your trading plan. Review the market info of the top 31 currency pairs including the hottest pairs of the past week: EUR/USD, GBP/USD, USD/JPY and EUR/CHF.
Moreover data such as live market quotes, forecast, analysts comments, breaking stories and Economic Calendar can be extremely efficient tools for your trading plan.
DISCOVER THE NEW CAG

[ Full Story ]

Forex Blogs

Forex Trading Today: What works for Me... may not work for You by Tim Salem (CVJ)

With the great comments and questions I have received during my first blog week, I thought today's "Principle" may be beneficial to many. Again, please keep your questions and comments coming! They will assist me in "steering" the blog to various topics and frames of reference.

[ Full Story ]

The Advisor Blog: Gbp/Usd 1000 pips fall by Valeria Bednarik

FX Market Readings: European session move −distress long liquidation? by Dr. S. Sivaraman

Live Sessions Schedule

Understand & Use Fibonacci Ratios Effectively
Expert: Sunil Mangwani
Start: Mon, Oct 27, 10:00 GMT
Sponsored by: 
Type of Session: Webinar

Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Mon, Oct 27, 12:30 GMT

Type of Session: Webinar

Sponsored by
Mon, Oct 27, 10:00 GMT	Understand & Use Fibonacci Ratios Effectively	Sunil Mangwani	WBN
Mon, Oct 27, 12:00 GMT	Bollinger Bands and RSI	Valeria Bednarik	WBN
Mon, Oct 27, 12:30 GMT	Dan Blystone's Daily Briefing	Dan Blystone	WBN
Mon, Oct 27, 14:00 GMT	Derek Frey's Outlook	Derek Frey	WBN
Mon, Oct 27, 16:00 GMT	Weekly Webinar: 1st on Forex − The Week Ahead	Jerry Furst	WBN

[ View All ]

Current Session: U.S.

GBP/USD

FX Thoughts for the Day − Cable to test 1.5265 on the downside by Kshitij Consultancy Service

UK GDP released at −0.5% against an expectation of –0.2%, first contraction in the UK since 1992. This has resulted in a crash in the pair that has brought Cable to test 1.5265 on the downside. A subsequent bounce resulted in the pair rising back above 1.56. These levels were last seen during September−2002.

[ Full Story ]

Dow Theory principles by Valeria Bednarik, analyst and foreign manager at MolFX - Management

Technical Analysis Bootcamp: The indicators you need to know and how to interpret them by Dan Blystone, Founder TradersLog.com

Check out how pairs moved: Live Currency Rates & Charts

Other Topics for This Session

Massive Drops - Extreme Yen and Dollar Moves by James Chen, Chief Technical Analyst at FX Solutions.

Currencies at a Glance

EUR/USD

Continues to moves downward with low volatility. Support is seen at 1.2719 while resistance is seen at 1.2946.
10/24/2008 13:17 GMT

GBP/USD

Slides gradually with moderate volatility. Immediate support is seen at 1.5734. MAs are declining gradually.
10/24/2008 13:18 GMT

USD/CHF

Moves upward with low volatility. Support is seen at 1.1582 while resistance is at 1.1738.
10/24/2008 13:19 GMT

USD/JPY

Continues to move downward with low volatility Support is seen at 94.00. Intraday resistance is seen at 96.86.
10/24/2008 13:29 GMT

Analyst Sentiment Index (ASI)

Analysts Sentiment Index - EUR/USD

**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, GFT (Global Forex Trading), Mizuho Corporate Bank

[ View ASI page ] [ View EUR/USD page ]

Charting the Market Movers

GBP USD, Hourly

EUR USD, Hourly

Top Market Movers Preview

Germany IFO − BUSINESS CLIMATE

Date (GMT)		Event	Cons.	Previous
Oct 27	09:00	IFO − Business Climate	-	92.9
Oct 27	08:00	IFO − Expectations	-	86.5

Friday Notes - Strong deterioration in business sentiment by HVB Group

The ongoing deterioration in the outlook for growth of its most important trade partners still argues against stabilization in business expectations. Moreover, the strong downward trend in the situation component should have continued because of the very weak development of orders since as far back as the end of last year.

[ Full Story ]

Top Market Movers Review

US EXISTING HOME SALES

Date (GMT)		Event	Actual	Cons.	Previous
Oct 24	14:00	Existing Home Sales	5.18M	497.00M	4.91M
Oct 24	14:00	Existing Home Sales (MoM)	5.5%	1.2%	-2.2%

US economic indicators - Existing home sales (Sep): stabilization on a very low level by BHF−Bank

Thus the index reached its highest level since June 2007, which indicates that home sales could soon be bottoming out, and existing home sales could have risen to 5.05m in September. However, partly due to the large amount of foreclosures, the stock of existing homes for sale remains elevated. We therefore expect median home prices to continue their downward trend.

[ Full Story ]

• Table Of Data On Existing US Home Sales (Dow Jones)
• September existing home sales up 5.5% to 5.18 mln units, biggest gain in 5 years (Thomson Financial News)
• US SEPT HOME SALES RISE LARGEST SINCE JULY 2003 (+5.6 PCT) (Thomson Financial News)

Canada CONSUMER PRICE INDEX

Date (GMT)		Event	Actual	Cons.	Previous
Oct 24	11:00	Bank of Canada Consumer Price Index Core (YoY)	1.7%	1.7%	1.7%
Oct 24	11:00	Bank of Canada Consumer Price Index Core (MoM)	0.4%	0.3%	0.3%
Oct 24	11:00	Consumer Price Index (YoY)	3.4%	3.3%	3.5%
Oct 24	11:00	Consumer Price Index (MoM)	0.1%	-0.2%	-0.2%

Canada CPI continued growing at a fast pace in September (FXstreet.com)

Consumer prices have continued growing at a strong pace on high energy and food prices, according to figures released by Statistics Canada.

[ Full Story ]

• UPDATE 1−Canada inflation begins to ease in September (Thomson Financial News)
• Canada Sept inflation drops to 3.4 percent (Thomson Financial News)
• Canada Consumer Price Index rise 3.4% year on year in Sep; core CPI 1.7% up (FXstreet.com)

Economic Events

Date (GMT)		Country	Event	Actual	Cons.	Previous
Oct 24	14:00	US	Existing Home Sales (Sep)	5.18M	497.00M	4.91M
	14:00	US	Existing Home Sales (MoM) (Sep)	5.5%	1.2%	-2.2%
Oct 26	23:50	JP	Corporate Service Price (YoY) (Sep)			1.4%
Oct 27	06:00	DE	Consumer Price Index (MoM) (Oct)			-0.1%
	06:00	DE	Consumer Price Index (YoY) (Oct)			2.9%
	06:00	UK	Nationwide Housing Prices n.s.a (YoY) (Sep)			-12.4%
	06:00	UK	Nationwide Housing Prices s.a (MoM) (Sep)			-1.7%

[ View All ]

Past Issues  ·   Subscribe to other newsletters  ·   Unsubscribe

Before printing please ensure that it is absolutely necessary. Remember the environment is for all of us!

FXstreet.com Newsletter does not constitute a solicitation for the purpose of buying or selling in the foreign exchange market. Although the information contained in FXstreet.com Newsletter comes from trusted sources, FXstreet.com is not responsible for guaranteeing the accuracy, timeliness, completeness or fitness of such sources. © 2008 \"FXstreet.com. The Forex Market\" All Rights Reserved.Click here to unsubscribe

FOREX INFORMER - Oct 24, 2008

Friday, Oct 24, 15:16 GMT

FOREX INFORMER

IMPORTANT NOTICE

From now on registration will be required to receive Newsletters

If you want to keep receiving our newsletters (European Trading Newsletter, US Trading Newsletter, Asia−Pacific Trading Newsletter and Forex Informer) you have to be registered as an FXstreet.com user.

To be a user and receive our newsletters you have to create an FXstreet.com account. Once registered you can select the newsletters you want to receive from your account settings.

Sorry for the inconvenience. We hope you are enjoying our services.

[ Full Story ]

The Week Ahead

Soaring Exchange Rates of the Dollar and the Yen by FXstreet.com

High liquidity of the markets remains and we have been seeing the extremely volatile market. 4 majors have shown remarkable price actions. Also the JPY crosses have surprised us. The GBP/JPY sold off sharply towards the support at 138.81. Turmoil in the financial markets seems not like to end any time soon. This week does have several explosive events. We should keep on paying extra attention to the markets. Alright. Let's review them all. Please note that Fed rate decision is released on Wednesday.

[ Full Story ]

Friday Notes - The financial crisis is exacting its toll by HVB Group

The Commodities Report - Base metals experience volatile trading by KBC Bank

Other Stories and Resources

Take a look at our Real-Time Economic Calendar

Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.

Blogs

Intraday Blogs

• FXstreet Advisor Weblog by Valeria Bednarik
• FxBootcamp by Wayne McDonell
• FX Market Readings by Dr. S. Sivaraman
• CEO's Blog by Francesc Riverola
• FX Path by James Chen

Intraweek Blogs

• The Disciplined Trader by Pierre Charlebois
• 1st on Forex by Jerry Furst
• Trade Setups by Phil Newton
• Chartology by Raghee Horner
• Forexology by Sunil Mangwani
• Forex Trading Today by Tim Salem

Forex Forum

• Ask FXWizard: Questions about Forex trading? FXWizard has the answers.
• International Traders Conference 2008: It is a pleasure to announce here that Lars Christensen, Chief Analyst at Danske Bank has accepted to be a key speaker of the International Traders Conference (ITC2008) to be held in Barcelona next October 29th to 31st.
• $10,000/month forex trading – revealed!: You are about to learn EXACTLY how to make $10,000's on the forex market each and every month absolutely free of charge. I will explain to you step-by-step with all due details about how you can win 100's of pips per trade.
• NFA Forex Dealer Dead Pool: The news about the NFA shaking up the forex industry by dramatically raising capital requirements has kicked off a lot of speculation.
• I have been sucessful so far...looking for some feedback: I usually trade the EUR/USD on a 5min chart. Indicators 13, 55, & 200 EMA MACD (6, 30, 2) OsMA (12, 26, 9).

Editor's Pick

European Market Update - OPEC cuts output production by 1.5M BPD by TradeTheNews.com
Fri, Oct 24 2008, 13:03 GMT

Daily Market Report - Asian currencies lost further ground against the dollar on Friday by Wachovia
Fri, Oct 24 2008, 12:46 GMT

Euroland: ECB to ease faster and more by Danske Bank A/S
Fri, Oct 24 2008, 12:38 GMT

Daily Fx Strategy - Yen−Bound Flight of Least Resistance by CMC Markets
Fri, Oct 24 2008, 11:54 GMT

Live Sessions Schedule

Live Coverage of FOMC US Interest Rate Announcement
Expert: Jerry Furst
Start: Wed, Oct 29, 17:30 GMT
Sponsored by: 
Type of Session: Webinar

The Forex Basic Training Program − Chapter VIII
Expert: Wayne McDonell
Start: Fri, Oct 31, 08:00 GMT

Type of Session: Webinar

Sponsored by
Fri, Oct 24, 15:00 GMT	Fibonacci Friday	Andrei Pehar	WBN
Mon, Oct 27, 10:00 GMT	Understand & Use Fibonacci Ratios Effectively	Sunil Mangwani	WBN
Mon, Oct 27, 12:00 GMT	Bollinger Bands and RSI	Valeria Bednarik	WBN
Mon, Oct 27, 12:30 GMT	Dan Blystone's Daily Briefing	Dan Blystone	WBN
Mon, Oct 27, 14:00 GMT	Derek Frey's Outlook	Derek Frey	WBN
Mon, Oct 27, 16:00 GMT	Weekly Webinar: 1st on Forex − The Week Ahead	Jerry Furst	WBN

[ View All ]

New Contributors on FXstreet.com

Currency on the Day - EUR/USD by Forex−Trends.com
Fri, Oct 24 2008, 09:49 GMT

FX Daily Update - It is True What They Say: "Trend Should Always Be Your Friend"… by FXstreet.com Independent Analyst
Fri, Oct 24 2008, 09:00 GMT

Daily Currency Market Focus - USD: Stabilization? by GFT (Global Forex Trading)
Fri, Oct 24 2008, 07:12 GMT

The Daily Forecaster by FX−Forecaster.com
Fri, Oct 24 2008, 03:14 GMT

Live Daily Broadcast - Today's Live Show by AllThingsForex
Thu, Oct 23 2008, 16:01 GMT

Top 5 Most Viewed Reports

Daily Technical Strategist - EURUSD: Declines Further Through The 12728 Level, Eyes The 1.2484 Level by FXTechstrategy
Fri, Oct 24 2008, 10:12 GMT

Daily Forex Technical Report − Yen Dominates Risk Averse Markets by ActionForex.com
Fri, Oct 24 2008, 07:22 GMT

Today's Technical Trading Points by Danske Bank A/S
Fri, Oct 24 2008, 07:16 GMT

Daily Technical Analysis - JPY: Possibly attempt the tiniest longs at 95.35 by Mizuho Corporate Bank
Fri, Oct 24 2008, 07:07 GMT

Daily Recommended Trades - Daily Technical Outlook − Friday 10.24.2008 by E−Forex
Fri, Oct 24 2008, 06:27 GMT

Press Releases

CMS Forex Opens New Institutional Sales Office in Boston

CMS Forex, a worldwide leader in online retail Forex trading, is pleased to announce that Sean Carr, Sam Burke, Jacob Plattner, and Francisco Odriozola, formerly of IFX Markets, Inc., have joined the CMS Forex team.

[ Full Story ]

Past Issues  ·   Subscribe to other newsletters  ·   Unsubscribe

Before printing please ensure that it is absolutely necessary. Remember the environment is for all of us!

FXstreet.com Newsletter does not constitute a solicitation for the purpose of buying or selling in the foreign exchange market. Although the information contained in FXstreet.com Newsletter comes from trusted sources, FXstreet.com is not responsible for guaranteeing the accuracy, timeliness, completeness or fitness of such sources. © 2008 \"FXstreet.com. The Forex Market\" All Rights Reserved.Click here to unsubscribe