Monday, Jun 16, 15:58 GMT
ASIA-PACIFIC Trading Newsletter
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- Webinar videos: Longer-term Support and Resistance Trading: Setups and Rules by Rob Booker
- The Advisor Blog, now with Valeria Bednarik
- FX Education: The Australian Dollar 2008 by Peter Pontikis
- ITC 2008: Jamie Saettele and Dirk Du Toit are new confirmed key speakers
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Jun 17, 08:00 GMT
Type of Session: Webinar
Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Tue, Jun 17, 12:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jun 16, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Tue, Jun 17, 08:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN |  |
| Tue, Jun 17, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Jun 17, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN | |
| Tue, Jun 17, 13:00 GMT | Using the MACD to spot trading points in the 4x−Market | Adam Rosen | WBN | |
Current Session: U.S.
EUR/USD
Mid−Day Forex Technical Report − Dollar Pullback on Oil and Manufacturing Data by ActionForex.com
EUR/USD's recovery from 1.5302 extends to a high as 1.5518 today, touching 4 hours 55 EMA. With an intraday low in place at 1.4302, further upside could still be seen. However, recovery should still be limited below 1.5584 resistance and bring another fall. As discussed before, prior break of 1.5365 support indicates that rise from 1.5284 has completed with three waves up to 1.5843, suggesting that it's merely a correction to the fall from 1.6019 record high
- Dan Blystone's Daily Briefing − Webinar
- The Forex Game: Stop Losing Dollars... Win Duellars!
- Combining Fundamental and Technical Analysis S. Wade Hansen, Founder Profiting With Forex
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the Real Time Economic Calendar
Other Topics for this Session:
Daily Outlook − EUR/USD daily by Karoll
Market Session Recaps − London Session by FOREX.com
Banks' Analysis
One year outlook for EUR − One year outlook for EUR by Mizuho Corporate Bank
One year Outlook for JPY − One year Outlook for JPY by by Mizuho Corporate Bank
Currency Performance
Currency Performance Report − Europe Session Performance by FXstreet.com
FX Analysts' Comments
Volatile moves will prevail for a week... by Dr. S. Sivaraman, of i−knowindices.com
European Union Gets a "NO" Vote −− G−8 to Raise Rates? by Jerry Furst, Director Investors Education Network
Currencies at a Glance
- EUR/USD
- Stays above first resistant level 1.5461
06/16/2008 15:29 GMT - GBP/USD
- Trades above third resistant level 1.9623
06/16/2008 15:29 GMT - USD/CHF
- Trades around first support level 1.0406
06/16/2008 15:31 GMT - USD/JPY
- Continues to trade above pivot level 108.09
06/16/2008 15:31 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 NAHB HOUSING MARKET INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Jun 16 | 17:00 | NAHB Housing Market Index | 19 | 19 |
Friday Notes - Little optimism among builders by HVB Group
Not much has changed in the housing market. Most important, demand remains soft, inventories of unsold homes remain very large, and builders face tougher borrowing conditions to finance undeveloped land.
[ Full Story ]- Ahead of the Bell: Builder Sentiment (Thomson Financial News)
Top Market Movers Review
US TOTAL NET TIC FLOWS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 16 | 13:00 | Net Long−term TIC Flows | $115.1B | - | $79.6B |
| Jun 16 | 13:00 | Total Net TIC Flows | 60.6B | - | -48.7 |
April Net Foreign Purchases Of Long−Term US Secs $102.8B (Dow Jones)
Net foreign acquisition of long−maturity U.S. securities totaled $102.8 billion in April, following purchases of $53.3 billion the month before, according to a U.S. Treasury Department report released Monday.
[ Full Story ]- Read the TICs data at Treasury Department
- U.S. April net foreign securities purchases $60.6 bln UPDATE (Thomson Financial News)
- UPDATE: Foreign Demand For Long−Term US Secs Jumps In April (Dow Jones)
- U.S. June Empire State Manufacturing Index −8.68 vs −0.5 expected UPDATE (Thomson Financial News)
US NY EMPIRE STATE MANUFACTURING INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 16 | 12:30 | NY Empire State Manufacturing Index | -8.68 | -1.50 | -3.23 |
NY Fed's Jun Mfg Index −8.68 Vs −3.23 In May (Dow Jones)
Manufacturing activity in New York State deteriorated further in June, with the general business conditions index and new orders falling further into negative territory, the Federal Reserve Bank of New York said Monday.
[ Full Story ]- Read the Empire State Manufacturing Survey data at NY Fed
- Crude futures hit all−time highs, as weak NY−area data hits US dollar (Thomson Financial News)
- U.S. June Empire State Manufacturing Index −8.68 vs −0.5 expected UPDATE (Thomson Financial News)
- US June Empire State Manufacturing Index −8.68 vs −0.5 expected (Thomson Financial News)
Mid−Day Forex Technical Report − Dollar Pullback on Oil and Manufacturing Data by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 16 | 13:00 | US | Net Long−term TIC Flows (Apr) | $115.1B | $79.6B |
|
| 14:00 | US | Fed's Bernanke Speech | ||||
| 17:00 | US | NAHB Housing Market Index (Jun) | 19 | 19 | ||
| 23:50 | JP | Tertiary Industry Index (MoM) (Apr) | 0.6% | 0.3% | ||
| Jun 17 | 01:30 | AU | RBA Meeting's Minutes (Jun) | |||
| 06:00 | JP | Machine Tool Orders (YoY) (May) | 0.4 | |||
| 07:15 | CH | Industrial Production (YoY) (1Q) | 7.5% | 9.1% | ||