Monday, Mar 31, 15:44 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Webinar Videos: Using Fibonacci Retracements To Identify Support And Resistance by John Jagerson
- FX Trader of the Year 2008 Ranking − Fourth Week
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Apr 1, 08:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Apr 1, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Apr 1, 08:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Apr 1, 11:00 GMT | FX Instructor Live Trading Room  | Vito Henjoto | WBN |  |
| Tue, Apr 1, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Tue, Apr 1, 13:30 GMT | Forex with Ed Ponsi | Ed Ponsi | WBN | |
| Tue, Apr 1, 15:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
Current Session: U.S.
EUR/USD
Mid−Day Forex Technical Report − Euro Lifted by Strong CPI, Set to Make New Record High by ActionForex.com
EUR/USD's rise from 1.5342 resumes in early US session and surges to as high as 1.5894 so far. At this point, intraday bias remain on the upside as long as 1.5721 minor support holds. As discussed before, firm break of 1.5902 high and 1.5915 fibo resistance will confirm that whole rally from 1.4365 has resumed. Sustained trading above 1.59 will then encourage further rally to next important psychological level at 1.6000.
- 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
Weekly Technicals
Weekly Analysis − Cable faces negative sentiment by Finotec Group Inc.
Currency Performance
Currency Performance Report − Europe Session Performance by FXstreet.com
Top Market Movers Preview
Germany PMI MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| Apr 1 | 08:00 | PMI Manufacturing | 54.9 | 54.3 |
EMU economic indicators - German industrial new orders will probably have rebounded in February by BHF−Bank
EMU industrial confidence and economic sentiment could have improved in March, just like many of the corresponding national figures. The RBS purchasing managers' indices for the German and the EMU manufacturing sector for March are not likely to have been revised substantially.
[ Full Story ]Top Market Movers Review
US CHICAGO PURCHASING MANAGERS' INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 31 | 13:45 | Chicago Purchasing Managers' Index | 48.2 | 46.5 | 44.5 |
US Chicago March purchasers index rises to 48.2 vs 46.0 expected (Thomson Financial News)
Business activity in the US midwest picked up slightly in March, but nonetheless remained in contraction territory for the second straight month.
[ Full Story ]- Read the Chicago Purchasing Managers' Index data at Kingsbury
- Chicago PMI Continues To Show Contraction, Inflation Pressure (Dow Jones)
- US Chicago March purchasers index rises to 48.2 vs 46.0 expected UPDATE (Thomson Financial News)
- Chicago PMI Index rises in March, yet in contraction levels (FXstreet.com)
Canada GROSS DOMESTIC PRODUCT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 31 | 12:30 | Gross Domestic Product (YoY) | 2.2% | - | 2.9% |
| Mar 31 | 12:30 | Gross Domestic Product (MoM) | 0.6% | 0.5% | -0.7% |
Canadian GDP picks up in January (FXstreet.com)
Canadian Gross Domestic product has reversed December's losses in January on a monthly gain supported by wholesale trade and manufacturing, according to Statcan, the Canadian Statistics Office.
[ Full Story ]- Read the Gross domestic product data at Statistics Canada
- Canada Morning: C$ Lower Despite Good Jan GDP Data (Dow Jones)
- Canada Gross Domestic Product rises 0.6% in January; 2.2% up year on year (FXstreet.com)
Currencies at a Glance
- EUR/USD
- Trades above pivot level 1.5792
03/31/2008 14:05 GMT - GBP/USD
- Trades below first support level 1.9853
03/31/2008 14:05 GMT - USD/CHF
- Back around pivot level 0.9936
03/31/2008 14:05 GMT - USD/JPY
- Trades around pivot level 99.55
03/31/2008 14:05 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 31 | 12:30 | CA | Gross Domestic Product (YoY) (Jan) | 2.2% | 2.9% | |
| 13:45 | US | Chicago Purchasing Managers' Index (Mar) | 48.2 | 46.5 | 44.5 | |
| 22:30 | AU | Manufacturing PMI (Mar) | 51.4 | |||
| 23:50 | JP | Tankan Large Manufacturing Index (1Q) | 13 | 19 | ||
| 23:50 | JP | Tankan Large Manufacturing Outlook (1Q) | 9 | 16 | ||
| Apr 1 | 03:30 | AU | RBA Interest Rate Decision | 7.25% | ||
| 07:30 | CH | SVME − Purchasing Managers' Index (Mar) | 60.0 | 60.5 | ||