Archive for October 23rd, 2009

 

Forex Economic Calendar

Oct 23, 2009 in Grow Financially, Opportunities

Date Time* Source Description Forecast Previous
10/26/2009 00:01 UK Hometrack Housing Survey (YoY) n/a -5.6%
10/26/2009 00:30 AUS PPI (YoY) n/a 2.1%
10/26/2009 07:00 GE GfK Consumer Confidence Survey n/a 4.3
10/26/2009 12:30 US Chicago Fed Nat Activity Index n/a -0.90
10/26/2009 14:30 US Dallas Fed Manf. Activity n/a -6.4%
10/27/2009 09:00 EU Euro-Zone M3 s.a. (YoY) n/a 2.5%
10/27/2009 11:00 UK U.K. CBI October Distributive Trades n/a n/a
10/27/2009 13:00 US S&P/CS Composite-20 YoY -11.30% -13.30%
10/27/2009 14:00 US Consumer Confidence 54.4 53.1
10/27/2009 21:00 US ABC Consumer Confidence n/a n/a
10/27/2009 23:50 JPN Retail Trade YoY n/a -1.8%
10/28/2009 00:30 AUS Consumer Prices (YoY) n/a n/a
10/28/2009 01:00 AUS DEWR Skilled Vacancies MoM n/a 1.2%
10/28/2009 02:00 NZ NBNZ Business Confidence n/a 49.1
10/28/2009 12:30 US Durable Goods Orders 0.5% -2.4%
10/28/2009 14:00 US New Home Sales 440K 429K
10/28/2009 20:00 NZ RBNZ Official Cash Rate 2.50% 2.50%
10/28/2009 21:45 NZ Trade Balance n/a -725M
10/28/2009 23:50 JPN Industrial Production YoY% n/a -19.0%
10/29/2009 00:00 AUS Conference Board Leading Index n/a 0.7%
10/29/2009 01:00 AUS HIA New Home Sales (MoM) n/a 11.4%
10/29/2009 02:00 NZ Money Supply M3 YoY n/a 3.5%
10/29/2009 04:00 JPN Vehicle Production (YoY) n/a -25.9%
10/29/2009 08:55 GE Unemployment Change (000′s) n/a -12K
10/29/2009 09:30 UK M4 Money Supply (YoY) n/a n/a
10/29/2009 10:00 EU Business Climate Indicator n/a -2.07
10/29/2009 12:30 CA Industrial Product Price MoM n/a 0.5%
10/29/2009 12:30 US Initial Jobless Claims n/a n/a
10/29/2009 12:30 US Continuing Claims n/a n/a
10/29/2009 21:45 NZ Building Permits MoM n/a 1.7%
10/29/2009 23:50 JPN Natl CPI YoY n/a -2.2%
10/30/2009 00:00 JPN BoJ Target Rate n/a 0.10%
10/30/2009 00:01 UK GfK Consumer Confidence Survey n/a -16
10/30/2009 00:30 AUS Private Sector Credit YoY% n/a 2.5%
10/30/2009 05:00 JPN Housing Starts (YoY) n/a -38.3%
10/30/2009 10:00 EU Euro-Zone Unemployment Rate n/a 9.6%
10/30/2009 12:30 CA GDP MoM n/a 0.0%
10/30/2009 12:30 US PCE Core (YoY) 1.3% 1.3%
10/30/2009 13:45 US Chicago Purchasing Manager 48.3 46.1
10/30/2009 14:00 US U. of Michigan Confidence 72.2 69.4
10/30/2009 20:15 US Bloomberg FCI Monthly n/a n/a

* Times listed are GMT

EUR/USD Weekly Outlook

Oct 23, 2009 in Grow Financially, Investment Protection, Opportunities

While recent rally in EUR/USD continued last week, upside momentum continued diminish on mild bearish divergence conditions in 4 hours MACD and RSI. Nevertheless, there is no sign of topping yet as long as 1.4884 minor support holds and further rally to 100% projection of 1.4177 to 1.4842 from 1.4483…

USD/JPY Weekly Outlook

Oct 23, 2009 in Grow Financially, Investment Protection, Opportunities

USD/JPY’s recovery from 88.00 continued last week and reached as high as 92.11 so far. Initial bias remains on the upside this week and further rise could still be seen to 92.52 resistance. Nevertheless, rise from 88.00 is still treated as a correction to fall from 97.77 only. Hence, upside…

GBP/USD Weekly Outlook

Oct 23, 2009 in Grow Financially, Investment Protection, Opportunities

GBP/USD rose strongly to as high as 1.6692 last week but reversed ahead of 1.6740 resistance. In any case, a short term top is formed at 1.6692 and initial bias will remain on the downside this week as long as 1.6646 minor resistance holds. Deeper decline should be seen to…

USD/CHF Weekly Outlook

Oct 23, 2009 in Grow Financially, Investment Protection, Opportunities

USD/CHF’s fall extended further to 1.0032 last week but lost momentum after touching 100% projection of 1.2296 to 1.0366 from 1.0883 at 1.0033. With 4 hours MACD staying above signal line, initial bias is neutral this week. Note that break of 1.0124 minor resistance will argue that a short term…

AUD/USD Weekly Outlook

Oct 23, 2009 in Grow Financially, Investment Protection, Opportunities

AUD/USD edged higher to 0.9326 last week but lost momentum since then and turned sideway. Initial bias remains neutral this week. Considering bearish divergence conditions in 4 hours MACD and RSI, a break of 0.9111 support will indicate that a short term top is at least formed and further fall…

USD/CAD Weekly Outlook

Oct 23, 2009 in Grow Financially, Investment Protection, Opportunities

USD/CAD recovered further to as high as 1.0582 last week but lost momentum ahead of mentioned 1.0590 cluster resistance (50% retracement of 1.0991 to 1.0205 at 1.0598). With 4 hours MACD crossed below signal line, initial bias is neutral this week. As noted before, short term outlook remains bearish as…

EUR/GBP Weekly Outlook

Oct 23, 2009 in Grow Financially, Investment Protection, Opportunities

EUR/GBP’s pull back from 0.9410 extended further to as low as 0.8996 last week but after all it was held above mentioned 0.8983 cluster support (61.8% retracement of 0.8722 to 0.9410 at 0.8985) as expected. Friday’s strong rebound and break of 0.9190 minor resistance indicates that such pull back is…

EUR/CHF Weekly Outlook

Oct 23, 2009 in Grow Financially, Investment Protection, Opportunities

Practically no change in EUR/CHF’s outlook as the cross continued to engage in choppy sideway trading last week. As noted before, risk remains on the downside with 1.5238 resistance intact and another fall cannot be ruled out. But even in that case, downside should be contained by 1.5007 key support…

EUR/JPY Weekly Outlook

Oct 23, 2009 in Grow Financially, Investment Protection, Opportunities

EUR/JPY’s rally extended further to as high as 138.34 last week before closing strongly at 138.13. Initial bias remains on the upside this week and further rise should be seen to retest 138.70/139.21 resistance zone first. On the downside, though, break of 136.96 minor support will argue that a short…