Monday, Jan 21, 17:05 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close. It goes Global
- Webinars VIDEOS: Trading Series - Chapter II: Day Trading Basics by Markus Heitkoetter
- The Forex Journal: 14 Top Experts Analysing the Forex Market
- Questions about Forex trading? FXWizard has the answers
- Trendex: Instant Trading Tips from FX Pros right to your desktop
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Jan 22, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
FX Instructor Live Trading Room
Expert: Nader Moustafa
Start: Tue, Jan 22, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Jan 22, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Jan 22, 10:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN | |
| Tue, Jan 22, 11:00 GMT | What Moves Currencies? − Outlook for the EUR crosses | Tony Juste | WBN |  |
| Tue, Jan 22, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Tue, Jan 22, 14:30 GMT | Forex with Ed Ponsi | Ed Ponsi | WBN | |
Current Session: U.S.
GBP/JPY
Mid−Day Forex Technical Report − Yen Strengthen Continues after Falling Global Equity Markets by ActionForex.com
GBP/JPY's recent decline resumes today and dives further to as low as 205.62 so far. At this point, intraday bias remains on the downside as long as 209.35 minor resistance holds. As discussed before, the whole fall from 251.09 is expected to extend to next downside target of 200 psychological support.
- Webinars Video − Market Neutral Forex Options Strategies by by John Jagerson, Founder Profiting With Forex
- 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:
Weekly Picture for the Currencies − Long term view of the USDJPY by ForexManage
Daily Outlook − EUR/USD mid−term analysis by Karoll
Currencies at a Glance
- EUR/USD
- Trades below third support level 1.4494
01/21/2008 16:21 GMT - GBP/USD
- Continues to trade around first support level 1.9468
01/21/2008 16:21 GMT - USD/CHF
- Moves up above first resistant level 1.1036
01/21/2008 16:22 GMT - USD/JPY
- Trades above second support level 105.69
01/21/2008 16:22 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
Japan BOJ INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Jan 22 | 05:00 | BoJ Interest Rate Decision | 0.5% | 0.5% |
Weekly Review and Outlook − Euro Sentiments Reversed, Yen Sharply Higher; BOJ, BOC, RBNZ to Meet by ActionForex.com
Three major central banks are scheduled to meet this week. BoJ is expected to remain on hold at 0.50%.
[ Full Story ]- Bank of Japan to hold key rate steady as credit, economic uncertainties persist (Thomson Financial News)
- Japan Outlook: BOJ 2−Day Policy Mtg Starts; Dec Steel Output (Dow Jones)
Top Market Movers Review
Canada WHOLESALE SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 21 | 13:30 | Wholesale Sales (MoM) | 0.3% | 0.4% | 0.4% |
Canadian wholesale trade increases 0.3% on automotive sales in November (FXstreet.com)
Wholesale sales have increased in November in Canada although less than expected as the increase posted by the automotive sector has been offset by declines in other sectors, as stated by the latest report by National Statstics.
[ Full Story ]- Read the Wholesale trade data at Statistics Canada
- Canada Nov Wholesale Sales increase 0.3% vs 0.5% in Oct (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 21 | 13:30 | CA | Wholesale Sales (MoM) (Nov) | 0.3% | 0.4% | 0.4% |
| Jan 22 | 05:00 | JP | BoJ Interest Rate Decision | 0.5% | 0.5% | |
| 06:00 | JP | Machine Tool Orders (YoY) (Dec) | 13 | |||
| 06:30 | JP | BoJ's Governor Fukui Speaks | ||||
| 08:15 | CH | Adjusted Real Retail Sales (YoY) (Nov) | 4.0% | 2.2% | ||
| 13:30 | CA | Retail Sales (MoM) (Nov) | 0.3% | 0.1% | ||
| 13:30 | CA | Retail Sales ex Autos (MoM) (Nov) | 0.5% | 0.0% | ||