Monday, Jan 28, 16:45 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close. Just take it.
- Webinars VIDEOS: Raghee Horner's Four Step Trading: Forex by Raghee Horner
- Special Event: Trade Non−Farm Payrolls LIVE − 21st Edition
- Metals, Energy and Financials quotes in the Futures Section
- Improve your trading with our Trading Tools
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Jan 29, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
FX Instructor Live Trading Room
Expert: Nader Moustafa
Start: Tue, Jan 29, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| 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 | |
| Tue, Jan 29, 10:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN | |
| Tue, Jan 29, 11:00 GMT | What Moves Currencies? − JPY crosses watch | Tony Juste | WBN |  |
| Tue, Jan 29, 13:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
Current Session: U.S.
EUR/USD
Mid−Day Forex Technical Report − Dollar Dives after Poor New Home Sales by ActionForex.com
Current level at 10:38 CET is 106.56, trading below the daily pivot point level of 107.11, having seen a low in Asian trade of 106.00 but unable make a daily close under the important 105.70 level as yet. Daily Bollinger bandwidth continues to contract and reflect the current inability of this currency pair to generate directional movement.
- 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
Market Session Recaps − London Session by FOREX.com
Daily Forex Forecast − Daily Forex Forecast by FXDream
Currencies at a Glance
- EUR/USD
- Continues to move up towards second resistant level 1.4824
01/28/2008 16:20 GMT - GBP/USD
- Continues to move up above first resistant level 1.9874
01/28/2008 16:20 GMT - USD/CHF
- Continues to move down below first support level 1.0890
01/28/2008 16:21 GMT - USD/JPY
- Back around opening price level 106.66 , below pivot level 107.12
01/28/2008 16:21 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
EMU CURRENT ACCOUNT S.A
| Date (GMT) | Event | Cons. | Previous | |
| Jan 29 | 09:00 | Current Account n.s.a | - | 4.4 |
| Jan 29 | 09:00 | Current Account s.a | - | 1.3B |
EMU economic indicators - M3 growth probably accelerated to 12.3% yoy in November by BHF−Bank
The EMU current account probably recovered in November, just like the corresponding German figure.
[ Full Story ]Top Market Movers Review
US NEW HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 28 | 15:00 | New Home Sales | 604K | 645K | 634K |
| Jan 28 | 15:00 | New Home Sales (MoM) | -4.7% | - | -9.0% |
DATA SNAP: US Dec New Home Sales Hit Lowest In 12 Yrs (Dow Jones)
New−home sales tumbled to the lowest mark in 12 years during December and prices also fell sharply. Sales of single−family homes decreased by 4.7% last month to a seasonally adjusted annual rate of 604,000, the Commerce Department said Monday.
[ Full Story ]- Read the New Residential Sales data at Commerce Department
- EUR/USD: Poor home sales weigh on the Dollar (FXstreet.com)
- Treasurys volatile after home sales data (Thomson Financial News)
- US December new home sales fall 4.7 pct to 604,000 unit annual rate UPDATE (Thomson Financial News)
- Tony Juste, FX advisor at FXstreet.com: "With the housing market being the root cause of the financial turmoil, the market will remain very vigilant to the numbers. Bad numbers will turn the USD picture negative." − FXstreet.com
Mid−Day Forex Technical Report − Dollar Dives after Poor New Home Sales by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 28 | 15:00 | US | New Home Sales (Dec) | 604K | 645K | 634K |
| 15:00 | US | New Home Sales (MoM) (Dec) | -4.7% | -9.0% | ||
| 23:00 | JP | Overall Household Spending (YoY) | -0.3% | -0.6% | ||
| 23:30 | JP | Jobless Rate (Dec) | 3.9% | 3.8% | ||
| 23:50 | JP | Large Retailer's Sales (Dec) | -2.0% | 0.4% | ||
| 23:50 | JP | Retail Trade (YoY) (Dec) | 0.1% | 1.6% | ||
| 23:50 | JP | Retail Trade s.a (MoM) (Dec) | -0.8% | 0.3% | ||