Thursday, Jan 24, 16:45 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close. Moving forward
- Webinars VIDEOS: Weekly Technical Briefing by Dan Blystone
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- The Forex Journal: 14 Top Experts Analysing the Forex Market
- Follow the right path using our Signals Tracker
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Live Sessions Schedule
What Moves Currencies? − Weekly Wrap−Up
Expert: Tony Juste
Start: Fri, Jan 25, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Candlestick Review
Expert: Adam Rosen
Start: Fri, Jan 25, 12:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Jan 25, 11:00 GMT | What Moves Currencies? − Weekly Wrap−Up | Tony Juste | WBN | |
| Fri, Jan 25, 12:00 GMT | Candlestick Review | Adam Rosen | WBN |  |
| Fri, Jan 25, 15:00 GMT | Live Trading  | Tony Juste | WBN | |
| Mon, Jan 28, 17:00 GMT | Understanding Price Action and using Momentum to generate signals | Chris Capre | WBN | |
| Tue, Jan 29, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN |  |
Current Session: U.S.
EUR/USD
Mid−Day Forex Technical Report − More Downside in Dollar and Yen, Strength in Commodity Currencies by ActionForex.com
EUR/USD's rise from 1.4365 extends further today and is now pressing mentioned 1.4715 cluster resistance holds (61.8% retracement of 1.4921 to 1.4365 at 1.4709). At this point, further rise is still in favor as long as 1.4508 support holds. As discussed before, break of 1.4715 will confirm that fall from 1.4921 has already completed and further rise should then be seen to retest this resistance first, with prospect of retesting 1.4966 record and 1.5 psychological resistance.
- Webinars Video − Strategies for Long Term Profits in the Forex 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
Daily Forex Forecast − EUR/USD has risen to 1.4680 by FXDream
FXA Technical Commentary − $/cad is chopping from yesterday's test of resistance by FXA
Currencies at a Glance
- EUR/USD
- Trades above first resistant level 1.4706
01/24/2008 16:23 GMT - GBP/USD
- Continues to move up towards second resistant level 1.9736
01/24/2008 16:24 GMT - USD/CHF
- Moves down towards first support level 1.0860
01/24/2008 16:25 GMT - USD/JPY
- Continues to trade around opening price level 106.69 , above pivot level 106.35
01/24/2008 16:26 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
Germany GFK CONSUMER CONFIDENCE SURVEY
| Date (GMT) | Event | Cons. | Previous | |
| Jan 25 | 07:10 | Gfk Consumer Confidence Survey | 4.3 | 4.5 |
EMU economic indicators - The January RBS PMI manufacturing index for the EMU is likely to have decreased by BHF−Bank
We are expecting the February GfK German consumer confidence and January Italian consumer confidence to have deteriorated slightly.
[ Full Story ]Top Market Movers Review
US EXISTING HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 24 | 15:00 | Existing Home Sales | 4.89M | 4.95M | 5.00M |
| Jan 24 | 15:00 | Existing Home Sales (MoM) | -2.2% | -1.0% | 0.4% |
US Dec Existing Home Sales Dn 2.2% To 4.89 Mln Rate (Dow Jones)
Existing−home sales resumed tumbling in December and the median price dropped. Home resales fell to a 4.89 million annual rate, a 2.2% decrease from November's unrevised 5.00 million annual pace, the National Association of Realtors said Thursday.
[ Full Story ]- Read the report: Existing−home Sales Down in December but 2007 was Fifth Highest on Record at NAR
- US Existing Home Sales−STATS (Dow Jones)
- US existing home sales down 2.2 pct in December, down 12.8 pct for 2007 UPDATE (Thomson Financial News)
- US existing home sales decrease sharper than expected in December − UPDATE (FXstreet.com)
Daily Forex Technical Report − Focus on German Ifo and US Existing Home Sales by ActionForex.com
US INITIAL JOBLESS CLAIMS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 24 | 13:30 | Continuing Jobless Claims | 2672K | - | 2747 |
| Jan 24 | 13:30 | Initial Jobless Claims | 301K | 320K | 302K |
US Jobless Claims −1K To 301K In Jan 19 Week; Survey +19K (Dow Jones)
The number of U.S. workers filing new claims for unemployment benefits fell unexpectedly last week for a fourth−straight week, suggesting that a resilient labor market at the start of the year might keep the U.S. economy from sliding into recession.
[ Full Story ]- Read the Jobless Claims data at Labor Department
- ECONOMIC REPORT: Jobless Claims Fall For Fourth Straight Week (Dow Jones)
- U.S. stock futures get a lift from surprise dip in jobless claims (Thomson Financial News)
- Dollar Little Changed Vs Yen After US Jobless Claims Data (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 24 | 16:20 | US | Treasury Secretary Paulson speaks | |||
| 16:35 | EMU | ECB's Trichet Speaks | ||||
| 23:00 | AU | Conference Board Australia Leading Index (Nov) | 0.9% | |||
| 23:30 | JP | National Consumer Price Index (YoY) (Dec) | 0.7% | 0.6% | ||
| 23:30 | JP | National CPI Ex−Fresh Food (YoY) | ||||
| 23:30 | JP | National CPI Ex−Fresh Food (YoY) (Dec) | 0.6% | 0.4% | ||
| 23:30 | JP | Tokyo Consumer Price Index (YoY) (Jan) | 0.3% | 0.4% | ||