Monday, Apr 07, 16:08 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Apr 8, 08:00 GMT
Sponsored by: 
Type of Session: Webinar
Technical Analysis Bootcamp: The indicators you need to know and how to interpret them
Expert: Dan Blystone
Start: Tue, Apr 8, 14:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Apr 8, 08:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Apr 8, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Apr 8, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Tue, Apr 8, 13:30 GMT | Forex with Ed Ponsi | Ed Ponsi | WBN | |
| Tue, Apr 8, 14:00 GMT | Technical Analysis Bootcamp: The indicators you need to know and how to interpret them | Dan Blystone | WBN | |
Current Session: U.S.
USD/CAD
Currency Majors Technical Analysis − 1,0085. USD CAD is in an downtrend by Mataf.net
1,0085. USD CAD is in an downtrend directed by 1H exponential moving averages. USD CAD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The consolidation should continue. The price should find a support above 1,0050. If the support is broken then the target will be 0,9930 (160 pips).
- Main technical theme in the currency market by Jamie Saettele, Technical Currency Analyst FXCM
- 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:
FX Thoughts for the Day − GBP−USD @ 1.9895/900 ...1.9900 is crucial by Kshitij Consultancy Service
FX' Signal
Trade Signals − Matsys D Trade Signals by Fxwintrades
Top Market Movers Preview
US CONSUMER CREDIT
| Date (GMT) | Event | Cons. | Previous | |
| Apr 7 | 19:00 | Consumer Credit | $5.5 | $6.9B |
OUTLOOK Highlights of US economic indicators to be released in the coming week (Thomson Financial News)
The week will begin with the release of consumer credit, which in February is expected to have declined to 5.3 bln usd from 6.9 bln usd in the previous month. "Credit card borrowing −− known as revolving credit in this release −− has continued to grow rapidly, offsetting the credit squeeze in other consumer credit products," said economists from Lehman Brothers.
[ Full Story ]- Ahead of the Bell: Consumer Credit (Thomson Financial News)
Top Market Movers Review
Canada BUILDING PERMITS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 7 | 12:30 | Building Permits (MoM) | -1.0% | 1.0% | -2.9% |
Canadian building permits decline unexpectedly in February (FXstreet.com)
Building permits, a forward looking gauge to assess construction activity trends on the coming months, have declined in February for the fourth consecutive month, due to a sharp decline on permits for residential building in Ontario.
[ Full Story ]- Read the Building Permits data at Statistics Canada
- Canada Morning: C$ Little Changed, Up From Earlier Low (Dow Jones)
- Canada Building Permits decrease 1.0% in Feb from Jan (FXstreet.com)
Currencies at a Glance
- EUR/USD
- Stays around pivot level 1.5714
04/07/2008 15:55 GMT - GBP/USD
- Continues to trade around first support level 1.9876
04/07/2008 15:56 GMT - USD/CHF
- Trades above first resistant level 1.0119
04/07/2008 15:56 GMT - USD/JPY
- Stays above first resistant level 102.34
04/07/2008 15:57 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 | |
| Apr 7 | 12:30 | CA | Building Permits (MoM) (Feb) | -1.0% | 1.0% | -2.9% |
| 13:30 | US | Treasury Secretary Paulson speech | ||||
| 19:00 | US | Consumer Credit (Feb) | $5.5 | $6.9B | ||
| 20:00 | US | Treasury Secretary Paulson speech | ||||
| 22:00 | NZ | NZIER Business Confidence (1Q) | -26 | |||
| Apr 8 | 01:30 | AU | National Australia Bank's Business Conditions (Apr) | -2 | ||
| 04:00 | JP | BoJ Monetary Policy Meeting | ||||