Wednesday, Mar 19, 16:36 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Webinars VIDEOS: Weekly Technical Briefing by Dan Blystone
- Europe Session Performance by FXstreet.com
- Central Banks: Fed − Mar 18 Meeting: 75bp rate cut by FXstreet.com
- Eurodollar Future – June 2008 by Mizuho Corporate Bank
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Live Sessions Schedule
MONTHLY WEBINAR: Forex Options: Boost your bottom line − Part 1
Expert: Derek Frey
Start: Thu, Mar 20, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
Level of Sentiment in the FX Market
Expert: Boris Schlossberg
Start: Wed, Mar 26, 13:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Mar 19, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Thu, Mar 20, 14:00 GMT | MONTHLY WEBINAR: Forex Options: Boost your bottom line − Part 1 | Derek Frey | WBN | |
| Thu, Mar 20, 16:00 GMT | MONTHLY WEBINAR: Forex Options: Boost your bottom line − Part 2  | Derek Frey | WBN | |
| Tue, Mar 25, 16:00 GMT | Position sizing and money management | John Jagerson | WBN |  |
| Wed, Mar 26, 11:00 GMT | First Quarter Review | Adam Rosen | WBN |  |
Current Session: U.S.
GBP/USD
Daily Outlook − The fall started from 2.0396 is corrective in nature by Karoll
The fall started from 2.0396 is corrective in nature upon me. My working count for it is presented on the chart and we should be currently in wave C of the fall. When it is over, I would expect a new rise above 2.0396 so I will try to enter long position in coming days. The problem here is the fact that the current fall is probably a wave B of the movement started from 1.9720 i.e. it could continue even to 1.9720 any damage to the idea for a subsequent new strong rise.
Currency Performance
Currency Performance Report − Europe Session Performance by FXstreet.com
FX' Signal
Trade Signals − Matsys D Trade Signals by Fxwintrades
Top Market Movers Preview
EMU PMI MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| Mar 20 | 09:00 | PMI Manufacturing | 52.0 | 52.3 |
| Mar 20 | 09:00 | Purchasing Manager Index Services | 52.3 | 52.3 |
EMU economic indicators - The RBS purchasing managers' index for the EMU manufacturing sector by BHF−Bank
The RBS purchasing managers' index for the EMU manufacturing sector and the Italian consumer confidence might have remained unchanged at best in March. However, the RBS purchasing managers' index for the German manufacturing sector could have improved, as most of the correlated ifo indicators went up recently.
[ Full Story ]Top Market Movers Review
US EIA CRUDE OIL STOCKS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 19 | 14:30 | EIA Crude Oil Stocks | 0.2M | - | 6.2M |
US Crude Oil stocks rise by 0.2M barrels in March 14 week (FXstreet.com)
Crude inventories have increased in the US by 200,000 barrels in the week of march 14th, instead of the 1.9 mln barrels expected by market analysts, according to figures released by the US Energy Information Administration.
[ Full Story ]- Energy Information Administration homepage
- Oil plunges as traders focus on credit woes, overlook US stocks data UPDATE (Thomson Financial News)
- Oil lower as traders focus on credit woes, overlook US stocks data (Thomson Financial News)
- CORRECTION US crude stocks rise by less than mkt expected week to March 14 − EIA (Thomson Financial News)
Currencies at a Glance
- EUR/USD
- Back around opening price level 1.5620 , below pivot level 1.5690
03/19/2008 16:25 GMT - GBP/USD
- Continues to move down towards second support level 1.9786
03/19/2008 16:25 GMT - USD/CHF
- Moves up above pivot level 0.9953
03/19/2008 16:26 GMT - USD/JPY
- Stays around pivot level 99.00
03/19/2008 16:26 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 19 | 12:30 | CA | Wholesale Sales (MoM) (Jan) | 2.6% | 0.8% | -2.6% |
| 14:30 | US | EIA Crude Oil Stocks | 0.2M | 6.2M | ||
| Mar 20 | 00:30 | AU | New Motor Vehicle Sales (MoM) (Feb) | 0.6% | ||
| 00:30 | AU | New Motor Vehicle Sales (YoY) (Feb) | 7.2% | |||
| 00:30 | AU | RBA Foreign Exchange Transaction (Feb) | 208M | |||
| 07:00 | DE | Producer Price Index (MoM) (Feb) | 0.3% | 0.8% | ||
| 07:00 | DE | Producer Price Index (YoY) (Feb) | 3.4% | 3.3% | ||