Friday, Apr 18, 15:58 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Webinar videos: Forex Mysteries Revealed by S. Wade Hansen
- Technical Analysis − Current Session: US
- FX Tools: Forex Pivot Point Calculator
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Live Sessions Schedule
Understand & Use Fibonacci Ratio's Effectively
Expert: Sunil Mangwani
Start: Mon, Apr 21, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Apr 21, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Apr 18, 15:00 GMT | Fibonacci Friday | Andrei Pehar | WBN |  |
| Mon, Apr 21, 10:00 GMT | Understand & Use Fibonacci Ratio's Effectively | Sunil Mangwani | WBN | |
| Mon, Apr 21, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Apr 21, 13:00 GMT | Stocks for currency traders | John Jagerson | WBN |  |
| Mon, Apr 21, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
Current Session: U.S.
EUR/USD
Currency Majors Technical Analysis − EUR USD broke 1,5880 support by The USD/JPY 15 mins chart shows a big spike of over 100 pips after the release of Citi bank group data. Bullish momentum is not likely to end any time soon. The pair is fluctuaiting above 103.00 level. Immeidate resistance is seen at 103.37 while support is seen at 102.72.
1,5765. EUR USD broke 1,5880 support. The volatility rises. Bollinger bands are deviated. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue to gather momentum. The price should find a support above 1,5750. If the resistance is broken then the target will be 1,5600.
- Longer−term Support and Resistance Trading: Setups and Rules by Rob Booker, Currency Analyst Piptopia
- 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:
Mid−Day Forex Technical Report − Yen & Swissy Sharply Lower in Improved Investor Sentiments, Dollar Rebounds by ActionForex.com
Currency Performance
Currency Performance Report − Europe Session Performance by FXstreet.com
Currencies at a Glance
- EUR/USD
- Drops below first support level 1.5842
04/18/2008 14:10 GMT - GBP/USD
- Trades below first resistant level 1.9992
04/18/2008 14:10 GMT - USD/CHF
- Moves up above second resistant level 1.0171
04/18/2008 14:10 GMT - USD/JPY
- Moves up above second resistant level 103.30
04/18/2008 14:10 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
Top Market Movers Preview
UK RIGHTMOVE HOUSE PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Apr 20 | 23:01 | Rightmove House Price Index (YoY) | - | 5% |
| Apr 20 | 23:01 | Rightmove House Price Index (MoM) | - | 0.8% |
The Trading Week - The Trading Week: Apr. 20 − Apr. 25 by AllThingsForex
Sunday, Apr. 20 will start the trading session with a sequence of significant economic releases, beginning with the U.K. Rightmove House Price Index, used as an indicator of price changes and inflation in the housing sector, at 7:00 pm, ET, and the Japanese Tertiary Service Industry Activity Index, at 7:50 pm, ET.
[ Full Story ]Top Market Movers Review
Canada WHOLESALE SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 18 | 12:30 | Wholesale Sales (MoM) | -1.8% | 0.4% | 2.6% |
Canadian wholesale trade reverses course in February (FXstreet.com)
Wholesale sales have declined in February in Canada, reversing gains posted in the first month of the year, as most sectors reported losses compared to the previous month, as the latest report by Statcan shows.
[ Full Story ]- Read the Wholesale trade data at Statistics Canada
- Canada Morning: C$ Higher After Volatile Trading (Dow Jones)
- Canada Wholesale Sales (MoM) down 1.8% in Feb (FXstreet.com)
Trading News Report - Can Strong Wholesale Sales, Put "Loonie" Bulls Back On Track by FXCM
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 18 | 12:30 | CA | Leading Indicators (MoM) (Mar) | 0.0% | 0.1% | -0.3% |
| 12:30 | CA | Wholesale Sales (MoM) (Feb) | -1.8% | 0.4% | 2.6% | |
| Apr 20 | 23:01 | UK | Rightmove House Price Index (MoM) (Apr) | 0.8% | ||
| 23:01 | UK | Rightmove House Price Index (YoY) (Apr) | 5% | |||
| 23:50 | JP | Tertiary Industry Index (MoM) (Feb) | 0.7% | |||
| Apr 21 | 01:30 | AU | New Motor Vehicle Sales (MoM) (Mar) | -2.3% | ||
| 01:30 | AU | New Motor Vehicle Sales (YoY) (Mar) | 3.1% | |||