Monday, Jan 07, 17:37 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Jan 8, 16:00 GMT
Type of Session: Webinar
Longer−term Support and Resistance Trading: Setups and Rules
Expert: Rob Booker
Start: Tue, Jan 8, 17:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jan 7, 17:00 GMT | Day Trading Techniques | Chris Capre | WBN |  |
| Tue, Jan 8, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN |  |
| Tue, Jan 8, 11:00 GMT | What Moves Currencies? − A look at the carry trade | Tony Juste | WBN |  |
| Tue, Jan 8, 15:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN | |
| Tue, Jan 8, 16:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
Current Session: U.S.
EUR/USD
Technical Summary for Majors − EUR/USD: Bounce off 1.4310, 20 Dec low by Windsor Brokers Ltd
Bounce off 1.4310, 20 Dec low, has retraced nearly 76.4% of 1.4968/1.4310 decline, reaching 1.4824 high on 04 Jan, ahead of correction lower. Dips were contained by 1.4660/66, also trendline support, off 1.4310, ahead of fresh attempt higher. Clearance of 1.4757/95 is needed to resume an uptrend towards 1.4824, break of which will expose 1.4860/1.4908 next. Downside loss of 1.4640/10 delays for 1.4569, 31 Dec key support
- Short term Trades by Scotia Capital by Tony Juste
- Long−term Forex Perspectives: Our new blog by John Jagerson and S. Wade Hansen
- 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
Other Topics for this Session:
Currency Majors Technical Analysis − 1,4729. EUR USD is in a range between 1,4665 and 1,4830 by Mataf.net
FX Strategy − FX forecast update by Danske Bank A/S
Mid−Day Forex Technical Report − Dollar Recovers, Consolidation to Continue by ActionForex.com
Currencies at a Glance
- EUR/USD
- Trades below pivot level 1.4753
01/07/2008 16:14 GMT - GBP/USD
- Continues to trade around opening price level 1.9735 , below pivot level 1.9752
01/07/2008 16:14 GMT - USD/CHF
- Trades above pivot level 1.1088
01/07/2008 16:15 GMT - USD/JPY
- Back around pivot level 108.70
01/07/2008 16:15 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
EUR USD, Hourly
Top Market Movers Preview
US TREASURY SECRETARY PAULSON SPEAKS
| Date (GMT) | Event | Cons. | Previous | |
| Jan 7 | 19:00 | Treasury Secretary Paulson speaks | - | - |
Daily Forex Commentary - Fed speakers take the stage by Jyske Bank
Today market participants will be focusing on the speeches made by several Fed−members, including Lockhart who is giving a speech on the US economic outlook.
[ Full Story ]Top Market Movers Review
EMU ECB'S TRICHET SPEAKS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 7 | 12:00 | ECB's Trichet Speaks | - | - | - |
2nd UPDATE: Trichet: Growth Risks "Clearly On The Downside" (Dow Jones)
The global economy continues to grow at "quite a robust" pace, but there are downside risks to this scenario, European Central Bank President Jean−Claude Trichet said Monday.
[ Full Story ]- UPDATE: Trichet: Growth Risks Lie "Clearly On The Downside" (Dow Jones)
- G10's Trichet says global economy growing a 'quite robust' pace (Thomson Financial News)
- Trichet: Econ Growth Risks Lie "Clearly On The Downside" (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 7 | 19:00 | US | Treasury Secretary Paulson speaks | |||
| Jan 8 | 00:30 | AU | Building Permits (MoM) (Nov) | 0.0% | -2.8% | |
| 00:30 | AU | Building Permits (YoY) (Nov) | -5.9% | |||
| 05:30 | AU | Foreign Reserves (Dec) | 32.7B | |||
| 10:00 | EMU | Retail Sales (MoM) (Nov) | 0.5% | -0.7% | ||
| 10:00 | EMU | Retail Sales (YoY) (Nov) | 0.5% | 0.2% | ||
| 11:00 | UK | BRC Retail Sales Monitor − All (YoY) (Dec) | 1.2% | |||