Friday, Oct 05, 16:31 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close. You're simply (NOT) the best.
- SPECIAL EVENT: Trade Non−Farm Payrolls LIVE with Wayne McDonell
- NEW Webinars Video - Access now Educational Sessions Recordings
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Live Sessions Schedule
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Oct 8, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Longer−term Support and Resistance Trading: Setups and Rules
Expert: Rob Booker
Start: Tue, Oct 9, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Oct 8, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Oct 8, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN | |
| Mon, Oct 8, 13:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN |  |
| Mon, Oct 8, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Oct 8, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
EUR/USD
Mid−Day Forex Technical Report − Dollar Surges on Solid Non Farm Payroll and Upward Revision by ActionForex.com
EUR/USD's fall from 1.4281 resumes in early US session, reaching as low as 1.4031 so far. As long as 1.4148 resistance holds, further decline is still expected towards 1.3828/3926 support zone. But downside is still expected to be contained by 1.3828 cluster support (61.8% retracement of 1.3550 to 1.4281 at 1.3829, 50% retracement of 1.3360 to 1.4281 at 1.3821) and bring another rise.
- EUR/USD reverses the trigger − bullish MA's cross at Tony Juste's blog
- New Webinars Video − Access now Educational Sessions Recordings
- Check out how pairs moved: Live Currency Rates & Charts
- 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:
Currency Majors Technical Analysis − EUR/GBP − Euro British Pound by Mataf.net
FX Thoughts for the Day − FX Thoughts for the day − Evening − 05−Oct−2007....1155 GMT by Kshitij Consultancy Service
Daily Forex Forecast − EUR/USD has remained below 1.4155−60 Resistance by FXDream
Currencies at a Glance
- EUR/USD
- Trades around yesterday high 1.4149 , above pivot level 1.4118
10/05/2007 15:41 GMT - GBP/USD
- Trades around yesterday high 2.0430 , above pivot level 2.0365
10/05/2007 15:42 GMT - USD/CHF
- Continues to trade around pivot level 1.1763
10/05/2007 15:42 GMT - USD/JPY
- Stays around first resistant level 116.71
10/05/2007 15:43 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading, Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
USD JPY, Hourly
Top Market Movers Preview
UK INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Cons. | Previous | |
| Oct 8 | 08:30 | Industrial Production (MoM) | - | 0% |
| Oct 8 | 08:30 | Industrial Production (YoY) | - | 0.9% |
Friday Notes - Secular USD downward trend to continue by HVB Group
After a weak entry in Q3, we expect a rebound in industrial production in August. The manufacturing PMI has, indeed, showed healthy economic activity within the sector. We expect therefore a strong monthly rise of 0.6% m−o−m in manufacturing output in August.
[ Full Story ]Top Market Movers Review
US NONFARM PAYROLLS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 5 | 12:30 | Nonfarm Payrolls | 110K | 100K | 89K |
Dollar Jumps On Strong US Payrolls Data (Dow Jones)
The dollar jumped to a two−week high against the euro and surged against its other rivals as well early Friday after U.S. employment rebounded even more than expected in September.
[ Full Story ]- The FX market gurus talk about Non−farm Payrolls at our Analysts Comments section
- Read the Employment Situation Summary report at Bureau of labor
- Forex − Dollar gains sharply on strong US non−farm payrolls data (Thomson Financial News)
- U.S. Non−Farm Payrolls increase higher than expected in September; unemployment edges up (FXstreet.com)
- US September non−farm payrolls up 110,000 vs 115,000 gain expected (Thomson Financial News)
FX Daily Commentary - Will NFP Save The Dollar From Further Losses? by FXGreece
Friday Notes - Ailing USD hurts sentiment by HVB Group
Canada UNEMPLOYMENT RATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 5 | 11:00 | Net Change in Employment | 51.1 | 15.0 | 23.3K |
| Oct 5 | 11:00 | Unemployment Rate | 6.0% | 6.1% | 6.0% |
Canadian employment increases larger than expected in September (FXstreet.com)
Good news for the Canadian labour market as employment posted a sharply larger than expected rise in September pulling the unemployment rate to the lowest levels of the latest 30 years, according to data by StatsCan, the Canadian official statistics office.
[ Full Story ]- Read the Latest releases from the Labour Force Survey report at Statistics Canada
- Canadian Sept employment up 51,000; unmployment rate falls to 5.9 pct UPDATE (Thomson Financial News)
- Canadian Sept employment up 51,000; unemployment rate 5.9 pct, lowest since 1974 (Thomson Financial News)
- Forex − Canadian dollar soars to 31−year high on robust employment report (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 5 | 12:30 | US | Average Hourly Earnings (YoY) (Sep) | 4.1% | 3.9% | |
| 12:30 | US | Nonfarm Payrolls (Sep) | 110K | 100K | 89K |
|
| 19:00 | US | Consumer Credit (Aug) | $9.6B | $7.5B | ||
| Oct 8 | 05:45 | CH | Unemployment Rate | 2.6% | ||
| 05:45 | CH | Unemployment Rate s.a. | 2.7% | |||
| 08:30 | UK | Industrial Production (MoM) | 0% | |||
| 08:30 | UK | Industrial Production (YoY) | 0.9% | |||