Monday, Mar 03, 16:39 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- The Advisor Weblog: At the close
- Webinars VIDEOS: Mapping The News by John Jagerson
- Check all information about Metals and Financial Quotes
- Currency Performance Report: Asia, Europe and US
- Trendex: Instant Trading Tips from FX Pros right to your desktop
- New currencies pairs: Check the MXN currency on Tradable Rates, Live Charts Window and Multiple Currency Charts
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Mar 4, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
FX Instructor Live Trading Room
Expert: Nader Moustafa
Start: Tue, Mar 4, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Mar 3, 17:00 GMT | Trading the Ichimoku Cloud and the JPY pairs  | Chris Capre | WBN |  |
| Tue, Mar 4, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Mar 4, 10:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN | |
| Tue, Mar 4, 11:00 GMT | What Moves Currencies? | Tony Juste | WBN |  |
| Tue, Mar 4, 15:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN | |
Current Session: U.S.
USD/CAD
Mid−Day Forex Technical Report − Canadian Dollar Tumbles after GDP Disappointment by ActionForex.com
USD/CAD's rebound from 0.9709 continues today and extends further to as high as 0.9899 in early US session. At this point, intraday bias remains on the upside as long as 0.9824 minor support holds and further rise could be seen to 4 hours 55 EMA (now at 0.9912) or above. Though, as discussed before, we'd still expect the current rebound from 0.9709 to be limited by 0.9882 resistance and bring resumption of whole fall from 1.0378. On the downside, below 0.9824 will turn intraday bias back to the downside for retest of 0.9709 low.
- Price Patterns 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 − Daily Forex Forecast by FXDream
Top Market Movers Preview
Australia RBA INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Mar 4 | 03:30 | RBA Interest Rate Decision | 7.25% | 7.00% |
Australian Dollar special report - AUD overlay by FxMax
[ Full Story ]- Tony Juste, FX Advisor at FXstreet.com: "There is a consensus that the RBA will hike 25bp on the back of inflationary pressures, but it is uncertain whether such a move will push the AUD higher. I think we might see a top in the currency soon." − FXstreet.com
Pairs to Range Trade - Technicals Redeem AUDCAD Range Trade From Looming Event Risk by FXCM
Top Market Movers Review
US ISM MANUFACTURING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 3 | 15:00 | ISM Manufacturing | 48.3 | 48.5 | 50.7 |
US ISM Feb Mfg Business Index 48.3 Vs Jan 50.7 (Dow Jones)
The U.S. factory sector erased the tentative gains it made in January, sliding back into contraction and adding to the uncertainty surrounding the health of the manufacturing sector.
[ Full Story ]- Read the Manufacturing Report at ISM
- US manufacturing contracted in February (Thomson Financial News)
- US February ISM Manufacturing Index falls to 48.3 vs 48.1 expected (Thomson Financial News)
- US ISM manufacturing index slid into contraction territory in February (FXstreet.com)
ISM monitor:Comments on recent development by Danske Bank A/S
Daily Analysis - Dollar's slides Vs. Majors ahead to ISM Survey by Finotec Group Inc.
US economic indicators - Both ISM indices could still indicate contraction in February by BHF−Bank
Currencies at a Glance
- EUR/USD
- Moves down back above pivot level 1.5186
03/03/2008 16:08 GMT - GBP/USD
- Moves down back towards first support level 1.9809
03/03/2008 16:08 GMT - USD/CHF
- Back around opening price level 1.0406 , below pivot level 1.0446
03/03/2008 16:09 GMT - USD/JPY
- Trades below opening price level 103.61 , below pivot level 104.26
03/03/2008 16:09 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 | |
| Mar 3 | 15:00 | US | Construction Spending (MoM) (Jan) | -1.7% | -0.7% | -1.3% |
| 15:00 | US | ISM Manufacturing (Feb) | 48.3 | 48.5 | 50.7 | |
| Mar 4 | 00:30 | AU | Current Account Balance (4Q) | -1780M | -15587M | |
| 00:30 | AU | Retail Sales (MoM) (Jan) | 0.5% | 0.5% | ||
| 02:00 | NZ | ANZ Commodity Price (Feb) | -1.4% | |||
| 03:30 | AU | RBA Interest Rate Decision | 7.25% | 7.00% | ||
| 06:45 | CH | Consumer Price Index (MoM) (Feb) | 0.2% | -0.3% | ||