Tuesday, Feb 05, 17:12 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the Close
- Creating and Using a Powerful Trading Plan - Part 1 by Rob Booker
- Featured Event: The Code of the Schaff Trend Cycle indicator revealed at FXstreet.com
- Check all information about Futures Market in Latest Futures News
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Live Sessions Schedule
What Moves Currencies? − Monitoring the carry trade
Expert: Tony Juste
Start: Wed, Feb 6, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Main technical theme in the currency market
Expert: Jamie Saettele
Start: Wed, Feb 6, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Feb 5, 17:00 GMT | Day Trading Series − Chapter III: Developing a Profitable Trading Strategy (Part 1) | Markus Heitkoetter | WBN |  |
| Tue, Feb 5, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Feb 6, 10:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN |  |
| Wed, Feb 6, 11:00 GMT | What Moves Currencies? − Monitoring the carry trade | Tony Juste | WBN | |
| Wed, Feb 6, 13:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
Current Session: U.S.
EUR/JPY
Mid−Day Forex Technical Report − Services Data Rocks the Markets by ActionForex.com
EUR/JPY falls sharply in early US session and accelerates after taking out the intraday triangle pattern. With 4 hours MACD and RSI still trending down, further decline is in favor as long as 158.52 minor resistance holds. Break of 155.53 support will confirm that rebound from 152.11 has completed and will bring retest of this low.
- Exotic Forex Options by S. Wade Hansen, 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 fallen sharply down to 1.4640 by FXDream
Currency Majors Technical Analysis − 1,4658. EUR USD broke 1,4750 support by Mataf.net
Top Market Movers Preview
UK BRC SHOP PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Feb 6 | 10:30 | BRC Shop Price Index (MoM) | - | 0.2% |
| Feb 6 | 10:30 | BRC Shop Price Index (YoY) | - | 1% |
GBP/USD Developing Flag Pattern Heading Into ISM News from US by fxKnight.com
[ Full Story ]- Tony Juste, FX Advsor at FXstreet.com: "After the disappointing retail sales data, we are interested to see how the figures of the BRC come out in order to stablish a possible trend in UK retail sales n the short term." − FXstreet.com
Top Market Movers Review
US ISM NON−MANUFACTURING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 5 | 15:00 | ISM Non−Manufacturing | 44.6 | 53.0 | 53.9 |
ISM releases index early as a precaution (Thomson Financial News)
The Institute for Supply Management issued a key economic indicator roughly an hour early on Tuesday as a precaution against what it called a possible information breach.
[ Full Story ]- Read the Non−Manufacturing data at ISM
- UPDATE:Non−Manufacturing ISM:US Service Sector Contracts Sharply In Jan (Dow Jones)
- Consumer discretionary sector tripped up by weak non−manufacturing data (Thomson Financial News)
- Forex − Dollar rebounds after brief falls on woeful ISM data, but yen gains (Thomson Financial News)
Mid−Day Forex Technical Report − Services Data Rocks the Markets by ActionForex.com
Forex Daily Analysis - 05/02/'08 − ISM Non−Manufacturing on Tap by ForexYard
US economic indicators - ISM non−manufacturing index is likely to have declined in January by BHF−Bank
Currencies at a Glance
- EUR/USD
- Moves downwards below MAs with high volatility. Support is seen at 1.4631.
02/05/2008 16:10 GMT - GBP/USD
- Moves downwards with. Immediate support is seen at 1.9664.
02/05/2008 16:12 GMT - USD/CHF
- Moves downwards below MAs. Resistance is seen at 1.1058.
02/05/2008 16:16 GMT - USD/JPY
- Moves upwards with low volatility. Support is seen at 106.58.
02/05/2008 16:17 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 ]
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 5 | 15:00 | US | ISM Non−Manufacturing (Jan) | 44.6 | 53.0 | 53.9 |
| Feb 6 | 00:01 | UK | Nationwide Consumer Confidence (Jan) | 83 | 85 | |
| 05:00 | JP | Leading Economic Index (Dec)  | 40.0 | 18.2 | ||
| 10:30 | UK | BRC Shop Price Index (MoM) | 0.2% | |||
| 10:30 | UK | BRC Shop Price Index (YoY) | 1% | |||
| 12:00 | US | MBA Mortgage Applications (Feb 1) | 7.5% | |||
| 13:30 | CA | Building Permits (MoM) (Dec) | -0.5% | -9.9% | ||