Thursday, Feb 21, 16:51 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the close
- Webinars VIDEOS: Longer-term Support and Resistance Trading: Setups and Rules by Rob Booker
- Currency Performance Report: Asia, Europe and US
- Check our Forex Brokers Information Table
- Releasing the Code to the Schaff Trend Cycle by Doug Schaff
- Streaming FX Rates: All currencies of the world. Just make a login and choose your favorite crosses
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Live Sessions Schedule
What Moves Currencies? − Weekly Wrap−Up
Expert: Tony Juste
Start: Fri, Feb 22, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Futures Vs Forex
Expert: John Jagerson
Start: Fri, Feb 22, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Feb 21, 16:00 GMT | MONTHLY WEBINAR: Strategic & Tactical FOREX Trading (Part 2)  | Wayne McDonell | WBN |  |
| Fri, Feb 22, 11:00 GMT | What Moves Currencies? − Weekly Wrap−Up | Tony Juste | WBN | |
| Fri, Feb 22, 12:00 GMT | FX Instructor Live Trading Room | Mihai Marinescu | WBN |  |
| Fri, Feb 22, 13:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
| Fri, Feb 22, 14:00 GMT | Futures Vs Forex | John Jagerson | WBN | |
Current Session: U.S.
EUR/USD
Daily Technical Strategist − EURUSD: Recovers Off Intra Day Low, Continues To Target The 1.4751/52 zone And Beyond by FXTechstrategy
EURUSD− An intra day reversal after the pair weakened to as low as 1.4613 level on Tuesday now suggests its continued focus on the 1.4751/52 zone, its Nov 09'07/Dec 11'07 highs remains in force with an eventual break of there turning it higher towards its Feb 02'08/2007 peaks at 1.4955/67 and then its psycho resistance at 1.5000.
- Trading Gaps in the Forex 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
Chart of the Day − Chart of the Day − USD/JPY by FX Solutions
Top Market Movers Preview
EMU PMI MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| Feb 22 | 09:00 | Purchasing Manager Index Services | 51.0 | 50.6 |
| Feb 22 | 09:00 | PMI Manufacturing | 52.3 | 52.8 |
EMU economic indicators - The February RBS PMI manufacturing index for the EMU is likely to have decreased by BHF−Bank
Therefore, the RBS purchasing managers' index for the EMU manufacturing sector is likely to have dipped in February.
[ Full Story ]Top Market Movers Review
US LEADING INDICATORS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 21 | 15:00 | Leading Indicators (MoM) | -0.1% | -0.1% | -0.2% |
US leading index decreases again in January − UPDATE (FXstreet.com)
The Conference Board's leading index has edged down in January for the fourth consecutive time, while the coincident index edged up and the lagging index remained unchanged according to the private institute of economic research.
[ Full Story ]- Read the Leading Indicators data at Conference Board
- U.S. stocks pare gains after Philly manufacturing data, leading indicators (Thomson Financial News)
- US Leading Indicators decrease 0.1% Jan; coincident index 0.1% up (FXstreet.com)
- US Conference Bd: Jan Leading Index −0.1%, 4th Straight Drop (Dow Jones)
US PHILADELPHIA FED MANUFACTURING SURVEY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Feb 21 | 15:00 | Philadelphia Fed Manufacturing Survey | -24.0 | -10.0 | -20.9 |
Mid−Day Forex Technical Report − Dollar Soft after Disappointing Philly Fed Survey by ActionForex.com
Dollar dives against the Japanese yen and remains soft across the board in US session after the release of much worse than expected Philly Fed index.
[ Full Story ]- Read the report: Firms Continue to See Weak Conditions at Philadelphia Fed
- UPDATE: Philadelphia Fed: Feb Factory Growth Contracts (Dow Jones)
- THE FED: Philly Factory Sector Continues To Weaken In Feb. (Dow Jones)
- UPDATE: U.S. stocks pare gains after Philly manufacturing data, LEI (Thomson Financial News)
Currencies at a Glance
- EUR/USD
- Moves up towards second resistant level 1.4803
02/21/2008 16:22 GMT - GBP/USD
- Continues to move up towards third resistant level 1.9633
02/21/2008 16:23 GMT - USD/CHF
- Moves down below first support level 1.0945
02/21/2008 16:23 GMT - USD/JPY
- Moves down below first support level 107.61
02/21/2008 16:24 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
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Feb 21 | 15:00 | US | Philadelphia Fed Manufacturing Survey (Feb) | -24.0 | -10.0 | -20.9 |
| 15:30 | US | EIA Crude Oil Stocks | 4.2M | 7.0M | ||
| Feb 22 | 03:00 | JP | BoJ's Governor Toshihiko Fukui Speech | |||
| 09:00 | EMU | PMI Manufacturing (Feb)  | 52.3 | 52.8 | ||
| 09:00 | EMU | Purchasing Manager Index Services | 51.0 | 50.6 | ||
| 10:00 | EMU | Industrial New Orders (YoY) (Dec) | 8.3% | 11.9% | ||
| 10:00 | EMU | Industrial New Orders s.a. (MoM) (Dec) | -1.1% | 2.7% | ||