Tuesday, Apr 29, 16:00 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Webinar videos: MONTHLY WEBINAR: Conversations with a Pro Trader - Part I and Part II by Andrei Pehar
- Exclusive Forex and Futures Trading Strategies by Markus Heitkoetter, CEO at Rockwell Trading Inc
- Be aware of USD/JPY movements
- Europe Session Perfomance by FXstreet.com
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Live Sessions Schedule
FX Instructor Live Trading Room
Expert: Mark De La Paz
Start: Wed, Apr 30, 09:00 GMT
Sponsored by: 
Type of Session: Webinar
Watch Live Coverage of the US GDP
Expert: Jerry Furst
Start: Wed, Apr 30, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Apr 29, 17:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Apr 30, 09:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN | |
| Wed, Apr 30, 11:30 GMT | Watch Live Coverage of the US GDP | Jerry Furst | WBN | |
| Wed, Apr 30, 13:30 GMT | Forex with Ed Ponsi | Ed Ponsi | WBN |  |
| Wed, Apr 30, 15:00 GMT | Institutional Trading Strategies | Andrei Pehar | WBN | |
Current Session: U.S.
USD/JPY
Mid−Day Forex Technical Report − Yen Gains in a Day of Weak Economic Data by ActionForex.com
USD/JPY's fall from 104.82 continues in early US session and break of 103.75 minor support confirms that an intraday top is in place. Intraday bias is flipped back to the downside for lower channel support (now at 101.90). Note that another rise to 104.96/108.59 resistance zone as long as this channel support holds. However, break will be the first signal that whole corrective rebound from 95.77 has completed and will put focus back to 100.02 support.
- Using Fibonacci levels to project price targets and timing by John Jagerson, Founder Profiting With Forex
- 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 Analysis − Dollar to rise on interest rate pause by Finotec Group Inc
Currency Performance
Currency Performance Report − Europe Session Performance by FXstreet.com
Currencies at a Glance
- EUR/USD
- Moves up back around first support level 1.5602
04/29/2008 15:51 GMT - GBP/USD
- Trades above second support level 1.9702
04/29/2008 15:51 GMT - USD/CHF
- Moves down back around pivot level 1.0334
04/29/2008 15:51 GMT - USD/JPY
- Trades above third support level 103.19
04/29/2008 15:52 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
US ABC CONSUMER CONFIDENCE
| Date (GMT) | Event | Cons. | Previous | |
| Apr 29 | 21:00 | ABC Consumer Confidence | - | -40 |
US economic indicators - Consumer confidence is likely to have declined noticeably again in April by BHF−Bank
Since peaking in July 2007, the Conference Board's consumer confidence has already fallen by about 50 points to 64.5, but it is unlikely to have bottomed out yet: we already know that the University of Michigan's preliminary April consumer sentiment plunged to a 26− year low, and the weekly ABC consumer comfort index has also continued deteriorating.
[ Full Story ]Top Market Movers Review
US CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 29 | 14:00 | Consumer Confidence | 62.3 | 62.0 | 65.9 |
US Conference Board Apr Consumer Confidence 62.3 Vs Mar 65.9 (Dow Jones)
U.S. consumer confidence continued to weaken in April, the fourth straight month of declines, according to a report released Tuesday.
[ Full Story ]- Read the Consumer Confidence data at Conference Board
- US April consumer confidence index falls to 62.3 vs 62.0 expected UPDATE (Thomson Financial News)
- Consumer confidence drops in April on inflation, job worries (Thomson Financial News)
- UPDATE:Conference Board Apr Consumer Confidence 62.3 Vs Mar 65.9 (Dow Jones)
Forex Daily Analysis - 29/04/'08 − U.S. Consumer Confidence On Tap by ForexYard
US economic indicators - Consumer confidence is likely to have declined noticeably again in April by BHF−Bank
US S&P/CASE−SHILLER HOME PRICE INDICES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 29 | 13:00 | S&P/Case−Shiller Home Price Indices | -12.7% | - | -10.7% |
S&P Case−Shiller Feb 10−City Home Price Index Down 13.6% (Dow Jones)
Standard & Poor's S&P/Case−Shiller home price index, a measure of U.S. home prices, posted a record annual decline of 13.6% in the February 10−city composite index.
[ Full Story ]- Read the Home Price Indices data at S&P/Case−Shiller
- February S&P/Case−Shiller 20−city home price index down 12.7 pct UPDATE (Thomson Financial News)
- UPDATE: Housing Prices Fall At Record Rate In Feb − Index (Dow Jones)
- S&P says home prices fall by 12.7 percent in February (Thomson Financial News)
Daily Market Report - Key numbers out today are S&P/Case Schiller Home Price Index by Wachovia
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 29 | 13:00 | US | S&P/Case−Shiller Home Price Indices (Feb) | -12.7% | -10.7% | |
| 14:00 | US | Consumer Confidence (Apr) | 62.3 | 62.0 | 65.9 |
|
| 21:00 | US | ABC Consumer Confidence (Apr 27) | -40 | |||
| 22:45 | NZ | Building Permits (MoM) (Mar) | -6.5% | |||
| 23:01 | UK | Gfk Consumer Confidence (Apr) | -20 | -19 | ||
| 23:15 | JP | Nomura/ JMMA Manufacturing Puchasing Manager Index (Mar) | 49.5 | |||
| 23:30 | JP | Jobless Rate (Mar) | 3.9% | 3.9% | ||