Wednesday, Mar 12, 17:08 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Webinars VIDEOS: Strategic & Tactical FOREX Trading: Part 1 and Part 2 by Wayne McDonell
- Special Coverage: Central Banks money injection by FXstreet.com
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Live Sessions Schedule
An Overview of Institutional Trading Strategies − Free Access Day
Expert: Andrei Pehar
Start: Thu, Mar 13, 11:00 GMT
Type of Session: Webinar
Choosing The Right Currency At The Right Time − Free Access Day
Expert: Valeria Bednarik
Start: Thu, Mar 13, 12:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Mar 12, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN |  |
| Thu, Mar 13, 11:00 GMT | An Overview of Institutional Trading Strategies − Free Access Day | Andrei Pehar | WBN |  |
| Thu, Mar 13, 12:00 GMT | Choosing The Right Currency At The Right Time − Free Access Day | Valeria Bednarik | WBN | |
| Thu, Mar 13, 13:00 GMT | Weekly Technical Briefing − Free Access Day | Dan Blystone | WBN | |
| Thu, Mar 13, 14:00 GMT | Using fibonacci retracements to identify support and resistance − Free Access Day | John Jagerson | WBN |  |
Current Session: U.S.
EUR/USD
Currency Majors Technical Analysis − 1,5490. EUR USD is in an uptrend by Mataf.net
1,5490. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility is high. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,5500. If the resistance is broken then the target will be 1,5650 (150 pips).
Other Topics for this Session:
U.S. Forex Market Commentary by GCI
Daily Forex Forecast − EUR/USD has reached new record high at 1.5500 by FXDream
Daily Outlook − GBP/USD daily by Karoll
Mid−Day Forex Technical Report − EUR/USD Back Pressing Record High by ActionForex.com
Currency Performance
Currency Performance Report − Europe Session Performance by FXstreet.com
FX Analysts' Comments
FOREX Training Video − New York Session March 11, 2008 by Wayne McDonell, FxBootcamp.com
FX' Signal
Trade Signals − Matsys D Trade Signals by Fxwintrades
Spot Forex Trades − Equity Timid Rebound by ForexSurvivor
Top Market Movers Preview
Australia EMPLOYMENT CHANGE
| Date (GMT) | Event | Cons. | Previous | |
| Mar 13 | 00:30 | Unemployment Rate | 4.2% | 4.1% |
| Mar 13 | 00:30 | Employment Change | 15.0 | 26.8K |
Forex Trading Strategies - AUD spikes stronger ahead of key employment data tonight by Saxo Bank
In the FX market, the boost to risk appetite saw the USD finally reversing stronger after almost approaching the big 1.5500 barrier. Even more dramatic were the moves weaker in JPY and CHF and contrasting moves stronger in AUD and NZD.
[ Full Story ]Top Market Movers Review
US EIA CRUDE OIL STOCKS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 12 | 14:30 | EIA Crude Oil Stocks | 6.2M | - | -3.1M |
US EIA crude oil stocks rise by 6.2M in March, 7th week (FXstreet.com)
Commercial crude oil inventories in the US, excluding those on the Strategic Petroleum Reserve, have increased by 6.2 million in the week of March, 7 from the previous week, according to the Energy Information Administration.
[ Full Story ]- Read the Weekly Petroleum Data at EIA
- Oil drops by over a dollar as US crude inventories rise by more than expected (Thomson Financial News)
- US crude stocks rise by far more than mkt expected in week to March 7 − EIA (Thomson Financial News)
- US EIA Crude Oil Stocks increase by 6.2M in March 7 week (FXstreet.com)
Currencies at a Glance
- EUR/USD
- Trades around yesterday high 1.5493 , above first resistant level 1.5462
03/12/2008 16:11 GMT - GBP/USD
- Trades around yesterday high 2.0211 , above first resistant level 2.0190
03/12/2008 16:12 GMT - USD/CHF
- Continues to move down below first support level 1.0203
03/12/2008 16:12 GMT - USD/JPY
- Trades below pivot level 102.81
03/12/2008 16:13 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 12 | 14:30 | US | EIA Crude Oil Stocks | 6.2M | -3.1M | |
| 21:45 | NZ | Retail Sales (MoM) (Jan) | 0.2% | 0.1% | ||
| 21:45 | NZ | Retail Sales ex Autos (MoM) (Feb) | 0.3% | |||
| 23:00 | NZ | NZD− Business NZ PMI (Feb) | 53.3 | |||
| Mar 13 | 00:30 | AU | Employment Change (Feb) | 15.0 | 26.8K | |
| 00:30 | AU | Unemployment Rate (Feb) | 4.2% | 4.1% | ||
| 04:00 | JP | Tokyo Condominium Sales (YoY) (Feb) | -19.1% | |||