Monday, Jul 23, 16:38 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Website Renewed! All the Forex Market news and research also in Spanish
- FXstreet.com International Traders Conference: Come to Barcelona! Enjoy the Special Early Bird Discount
- Have a look at Postcards from the Right Edge! The new blog by Rob Booker
- Check out the NEW Flash Charts on the Rates & Charts Section
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Jul 24, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
Specific technical indicators and tools for tracking accurancy in FX trading
Expert: Don Wilcox
Start: Tue, Jul 24, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
Topics
- Moving averages
- Moving average crossovers
- Directional Indicator (ADX)
- Stochastics
| Sponsored by | ||||
| Mon, Jul 23, 18:00 GMT | Live Look at Today’s Markets  | Derek Frey | WBN |  |
| Tue, Jul 24, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Jul 24, 11:00 GMT | FX Instructor Live Trading Room | Sunil Mangwani | WBN |  |
| Tue, Jul 24, 13:00 GMT | Raghee Horner's Four Step Trading: Forex | Raghee Horner | WBN |  |
| Tue, Jul 24, 14:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN |  |
Current Session: U.S.
USD/JPY
Forex Trading Strategies - FX Majors range bound through Europe by Saxo Bank
USDJPY was able to stay above 120.65 key support in the European session and then the bidding began. We remain neutral to the upside, but will loook to sell the break of 120.65 which would be a break of the lows from May 17th at 120.67 and 38% retracement (from 115.16-124.16), which technically lead to accelerated downside and a test of 119.65 and possibly 118.50 further out.
- Postcards from the Right Edge!: New technical analysis blog by Rob Booker
- Trade Alert (m/t): EUR/JPY by Tony Juste
- The Signals Tracker: track down the performance of a particular signals provider
- Check out how the currency moved on Live Currency Rates & Charts at FXstreet.com
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
Other Topics for this Session:
Daily Forex Forecast - Daily Forex Forecast by FXDream
Daily Trading Strategy - The wave is growing… by MVDForex
FX Thoughts for the Day - FX Thoughts for the day - Evening - 23-July-2007....1137 GMT by Kshitij Consultancy Service
Currencies at a Glance
- EUR/USD
- Continues to trade around pivot level 1.3816
07/23/2007 16:19 GMT - GBP/USD
- Continues to trade below first resistant level 2.0603
07/23/2007 16:20 GMT - USD/CHF
- Continues to move up above first resistant level 1.2053
07/23/2007 16:21 GMT - USD/JPY
- Stays below pivot level 121.52
07/23/2007 16:21 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, Finotec Group Inc., FXstreet.com, Global Forex Trading Ltd. , Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
EUR USD, Hourly
GBP USD, Hourly
Top Market Movers Preview
EMU PMI MANUFACTURING INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Jul 24 | 08:00 | PMI Manufacturing Index | 55.5 | 55.6 |
The Word of Majors - EUR: Prices keep inching their way higher but the uptrend is clearly slowing by FXstreet.com
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "The manufacturing sector is one of the most sensible to economic fluctuations, and can be a leading indicator to show if certain policies are inadequate and could trigger a slowdown for the economy. Though last reading was relatively high, anything below 54 should be considered as a red flag to the current monetary policy in the region." - FXstreet.com
Top Market Movers Review
Australia PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 23 | 01:30 | Producer Price Index (QoQ) | 1.0% | 0.8% | 0% |
Australian 2Q Final PPI Rises 1.0% Vs 1Q (Dow Jones)
An index of final Australian producer prices rose 1.0% in the second quarter of 2007 from the first quarter and rose 2.3% from a year earlier, the Australian Bureau of Statistics said Monday.
[ Full Story ]- Read the Producer Price Indexes, Australia at Australian Bureau of Statistics
- OUTLOOK - Australia Q2 annual core CPI likely tame, may allow RBA to hold rates (Thomson Financial News)
- Australian Q2 producer price inflation 1.0 percent quarter-on-quarter (Thomson Financial News)
- Australian 2Q Final PPI +1.0% Vs 1Q, +2.3% On Yr (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 24 | 06:00 | DE | Import Price Index (MoM) (Jun) | 0.3% | 0.3% | |
| 06:00 | DE | Import Price Index (YoY) (Jun) | 1.1% | 0.6% | ||
| 07:30 | JP | BoJ's Governor Fukui Speaks | ||||
| 08:00 | EMU | PMI Manufacturing Index (Jul) | 55.5 | 55.6 | ||
| 08:00 | EMU | Purchasing Manager Index Services (Jul) | 58.0 | 58.3 | ||
| 12:30 | CA | Retail Sales (MoM) (May) | 0.4% | 0.4% | ||
| 12:30 | CA | Retail Sales ex Autos (MoM) (May) | 0.5% | 0% | ||