Monday, May 05, 16:20 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Webinar videos: Common Break-Out Strategies by Adam Rosen
- Tradable Rates: Bid and Ask real−time prices
- New Features in our: Real−Time Economic Calendar
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Live Sessions Schedule
Day Trading Series − Chapter VI: Tips and Tricks for Successful Day Trading
Expert: Markus Heitkoetter
Start: Tue, May 6, 16:00 GMT
Sponsored by: 
Type of Session: Webinar
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, May 6, 14:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, May 5, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Tue, May 6, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, May 6, 14:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN |  |
| Tue, May 6, 15:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
| Tue, May 6, 16:00 GMT | Day Trading Series − Chapter VI: Tips and Tricks for Successful Day Trading | Markus Heitkoetter | WBN | |
Current Session: U.S.
USD/CHF
Mid−Day Forex Technical Report − Dollar Mildly Lifted by ISM Services by ActionForex.com
After consolidating for most os the day, dollar is lifted mildly after better than expected services report. The ISM non−manufacturing index surprised the markets by climbing from 49.6 to 52.0 in Apr, back in the expansion region have three months of contractionary readings. Price paid component surged further to 72.1. Employment component improved remarkably from 46.9 to 50.9. However, the business activity component, though staying above 50, showed some weakness by falling from 52.2. to 50.9. Nevertheless, the boost on the greenback is so far mild and it looks as if the markets will continue to consolidate further.
- Stocks for currency traders by John Jagerson, Founder at 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:
Multi TimeFrame Market Outlook: EURUSD by WFXAdvisor
FX Analysts' Comments
Average Daily Ranges by Wayne McDonell, FxBootcamp.com
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 PURCHASING MANAGER INDEX SERVICES
| Date (GMT) | Event | Cons. | Previous | |
| May 6 | 08:30 | Purchasing Manager Index Services | 51.7 | 52.1 |
| May 6 | 08:00 | Purchasing Manager Index Services | 54.6 | 51.8 |
| May 6 | 08:00 | Purchasing Manager Index Services | 51.8 | 51.6 |
Friday Notes - UK services PMI to stabilize by HVB Group
Following the sharp drop in March, the UK service PMI should stabilize at around current low levels in April (we expect 52.0). We also see output prices remaining elevated, confirming that underlying inflationary pressures are hardly receding.
[ Full Story ]Top Market Movers Review
US ISM NON−MANUFACTURING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| May 5 | 14:00 | ISM Non−Manufacturing | 52.0 | 49.5 | 49.6 |
DATA SNAP: US Service Sector Sees Surpise Good Month In April (Dow Jones)
Activity in the non−manufacturing grew unexpectedly in April. A report Monday from the Institute for Supply Management said that its non−manufacturing index moved to 52.0, from 49.6 in March and 49.3 in February. Readings under 50 indicate contracting activity.
[ Full Story ]- Read the Non−Manufacturing data at ISM
- April ISM non−manufacturing index 52.0 vs 49.3 expected UPDATE (Thomson Financial News)
- Forex − Dollar gets small boost from stronger than expected US data (Thomson Financial News)
- April ISM non−manufacturing index 52.0 vs 49.3 expected (Thomson Financial News)
Mid−Day Forex Technical Report − Dollar Mildly Lifted by ISM Services by ActionForex.com
US economic indicators - ISM non−manufacturing index is likely to have fallen in April by BHF−Bank
Daily Forex Technical Report − Dollar Retreats Mildly as Markets Consolidate, ISM Services Watched by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| May 5 | 00:00 | UK | Early May holiday | |||
| 14:00 | US | ISM Non−Manufacturing (Apr) | 52.0 | 49.5 | 49.6 | |
| May 6 | 01:30 | AU | Trade Balance (Mar) | -2900 | -3289M | |
| 04:30 | AU | RBA Interest Rate Decision | 7.25% | 7.25% | ||
| 05:45 | CH | Consumer Price Index (MoM) (Apr) | 0.9% | 0.3% | ||
| 05:45 | CH | Consumer Price Index (YoY) (Apr) | 2.4% | 2.6% | ||
| 08:00 | EMU | Purchasing Manager Index Services (Apr) | 51.8 | 51.6 | ||