| Having trouble viewing this email? Click here |
 |  |
| Action Insight | Candlesticks Trades | Markets Summary | Action Bias | Top Movers | Daily Technicals |
| Calendar | Elliott Wave Trades | Markets Volatility | Pivot Points | Heat Map | Daily Fundamentals |
| Action Insight Market Overview | Markets Snapshot |
Mid-Day Report: Retail Sales and G20 Talk Support SentimentsRisk appetite is given a mild lift in early US session by better than expected retail sales figures. US headline sales rose 1.1% in September versus consensus of 0.5%. That's also the beset number since February. Ex-auto sales rose 0.6%, also beat consensus of 0.2%. Other data saw import price index rose 0.3% mom in September, Canadian manufacturing shipments rose 1.4% mom in August. Major European indices extend today's rally with FTSE up 1.2%, DAX up 1.2%, CAC up 1.6% while US stock futures point to higher open. Dollar index remains soft below 77 level and should be on course to 76. |
|
| Featured Technical Report | |
EUR/USD Mid-Day OutlookDaily Pivots: (S1) 1.3699; (P) 1.3763 (R1) 1.3840; More. EUR/USD's rebound from 1.3145 short term bottom resumes after brief consolidation and reaches as high as 1.3879 in early US session. Intraday bias is back on the upside for 61.8% retracement of 1.4548 to 1.3145 at 1.4012, which is close to 1.4 psychological level. On the downside, break of 1.3685 minor support will indicate that such rebound has likely finished and should flip bias back to the downside for retesting 1.3145 low. |
| Forex Brokers | |||
|
| Special Reports |
China Watch: US Should Fail To Push RMB HigherSeveral events happened in China during the week are expected to affect, or at least market anticipation of, the monetary policy for the world's second largest economy. Earlier in the week, Central Huijin, the Chinese government's investment arm, announced that it bought shares of 4 big banks (the Industrial & Commercial Bank of China, Agricultural Bank of China, Bank of China and China Construction Bank) yesterday and will continue 'related market operations' when necessary. The increase in holding this time was small when compared with existing stake. However, the move by the largest shareholder aimed to stimulate the banking sector and to alleviate concerns about China's economy, non-performing loans, and the stability of financial system. Buoyant sentiment proved to temporary as the US Senate passed a bill to punish China for keeping Renminbi undervalued. |
| Economic Indicators Update | Top trading expert speakers, analysts and exhibitors. Discover the Newest Comer to the market, analyze latest market trends explore different trading platforms, and explore a wide opportunity on future investments. The 9th ME Forex & Investment Summit 2011 Don’t miss this year’s World MoneyShow London, 11-12 November 2011 at the Queen Elizabeth II Conference Centre. Be there as recommendations and advice are revealed for how to best position your portfolio for profit—in 2011 and beyond. Don't miss out... Register Free Today! | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Forex Trade Ideas | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Next Ichimoku & Candlestick Trade Idea update will be made on Monday 17 Oct. Candlesticks Intraday Trade Ideas Update Schedule (GMT): Elliott Wave Daily Trade Ideas Update Schedule (GMT): | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Suggested Readings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fundamental Highlights
Technical Highlights
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 |
| ||||||||
No comments:
Post a Comment