Tuesday, Mar 25, 17:05 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Forex JumpStart Videos: Learn the Forex basics or review your knowledge with Adam Rosen!
- Europe Session Performance by FXstreet.com
- FX Trader of the Year 2008 − 3rd week ranking
- Deep Inside The US Dollar Index
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Live Sessions Schedule
FX Instructor Live Trading Room
Expert: Nader Moustafa
Start: Wed, Mar 26, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
First Quarter Review
Expert: Adam Rosen
Start: Wed, Mar 26, 11:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Mar 25, 17:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Mar 26, 09:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN | |
| Wed, Mar 26, 11:00 GMT | First Quarter Review | Adam Rosen | WBN |  |
| Wed, Mar 26, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
| Wed, Mar 26, 13:00 GMT | Level of Sentiment in the FX Market | Boris Schlossberg | WBN |  |
Current Session: U.S.
EUR/JPY
EUR/JPY Daily Technical Forex − EUR/JPY Daily Technical Forex by Stoploss.ch
Current level at 12:33 CET is 156.62, trading above the daily pivot point level of 154.66 and nudged between first resistance at 156.24 and second resistance at 157.20. The daily picture remains bearish with the falling 200 day moving average now at 161.51 and the falling 55 day moving average at 157.46. Daily Bollinger and standard error bands remain poised to the downside.
- Understanding The Exact Process Behind The Movement In Price by Sam Seiden
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
Other Topics for this Session:
Daily Outlook − GBP/USD by Karoll
Currency Performance
Currency Performance Report − Asia Session Performance by FXstreet.com
FX Analysts' Comments
Weekly Fundamental Analysis by Wayne McDonell, FxBootcamp.com
Top Market Movers Preview
Germany IFO − BUSINESS CLIMATE
| Date (GMT) | Event | Cons. | Previous | |
| Mar 26 | 09:00 | IFO − Current Assessment | 109.5 | 111.6 |
| Mar 26 | 09:00 | IFO − Business Climate | 103.5 | 104.1 |
DATA PREVIEW: German Mar Ifo Business Sentiment Seen Easing (Dow Jones)
German business sentiment is expected to have edged down in March after unexpected rises during the early months of the year, as the euro strengthens. The Ifo business confidence survey index, due 0900 GMT Wednesday, is forecast to have fallen to 103.4, reversing February's surprise gain to 104.1, according to a Dow Jones Newswires poll of 11 economists.
[ Full Story ]Top Market Movers Review
US CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 25 | 14:00 | Consumer Confidence | 64.5 | 73.5 | 76.4 |
US Conference Bd March Consumer Confidence 64.5 Vs Feb 76.4 (Dow Jones)
U.S. consumer confidence slumped again in March, the third straight month of sharp declines, according to a report released Tuesday. The Conference Board, a private research group, said that its index of consumer confidence for March fell to 64.5, the lowest level since the Iraq War began in 2003.
[ Full Story ]- Conference Board Homepage
- Consumer confidence plunges in March (Thomson Financial News)
- US March consumer confidence drops to 64.5 vs 73.0 expected, 5−year low UPDATE (Thomson Financial News)
- Forex − Dollar hits fresh daily lows after consumer confidence plummets (Thomson Financial News)
Weekly Forex Market Commentary - The Conference Board Consumer Confidence report for March is due on Tuesday by Global Forex Trading
Currencies at a Glance
- EUR/USD
- Trades around third resistant level 1.5595
03/25/2008 16:21 GMT - GBP/USD
- Moves up above second resistant level 1.9956
03/25/2008 16:22 GMT - USD/CHF
- Trades below first support level 1.0105
03/25/2008 16:22 GMT - USD/JPY
- Moves down below pivot level 100.27
03/25/2008 16:23 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 25 | 14:00 | US | Consumer Confidence (Mar) | 64.5 | 73.5 | 76.4 |
| 14:00 | US | Richmond Fed Manufacturing Index (Mar) | 6.0 | -0.5 | -5.0 | |
| 21:00 | US | ABC Consumer Confidence (Mar 23) | -31 | |||
| 23:50 | JP | Adjusted Merchandise Trade Balance (Feb) | ¥769.2B | ¥861.9B | ||
| 23:50 | JP | Corporate Service Price (YoY) (Feb) | 0.8% | 0.8% | ||
| 23:50 | JP | Merchandise Trade Balance Total (Feb) | ¥1155.4B | -¥794.3B | ||
| 23:50 | JP | Trade Balance − BOP Basis (Feb) | ¥85.8B | |||