Monday, Jun 23, 16:05 GMT
ASIA-PACIFIC Trading Newsletter
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To Get Started
- Webinar videos: The Day Trading Coach - Tips, Tricks and Strategies for Day Traders by Markus Heitkoetter
- Supports and resistances for today in The Advisor Weblog
- ITC'08: Lars Christensen, (Danske Bank) confirmed key speaker
- Real−Time Economic Calendar: Be notified straight into your RSS reader when a new event is released
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Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Jun 24, 08:00 GMT
Type of Session: Webinar
Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Tue, Jun 24, 12:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jun 23, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Tue, Jun 24, 08:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN |  |
| Tue, Jun 24, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Jun 24, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
| Tue, Jun 24, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN | |
Current Session: U.S.
USD/CHF
Mid−Day Forex Technical Report − Dollar Rebound Boosted Further by Gold Collapse by ActionForex.com
USD/CHF's rebound extends further to as high as 1.0483 today. Being supported above mentioned 1.0301 support and break of 1.0473 resistance revives the original case that correction 1.0623 has completed with three waves down to 1.0147. In other words, rise from 1.0147 should represent resumption of the medium term rebound from 0.9643.
- Dan Blystone's Daily Briefing − Webinar
- The Advisor Weblog by Valeria Bednarik, Analyst at MolFX − Management
- The Forex Game: Stop Losing Dollars... Win Duellars!
- Understanding The Exact Process Behind The Movement In Price Sam Seiden, Stocks, Futures, Forex and Options Trader Online Trading Academy
- Check out how pairs moved: Live Currency Rates & Charts
Other Topics for this Session:
FX Thoughts for the Day − FX Thoughts for the Day by Kshitij Consultancy Service
Market Session Recaps − London Session by FOREX.com
Banks' Analysis
IMM positioning − Net USD positioning now long by Danske Bank A/S
Weekly Analysis
Weekly Technical Commentary by Mizuho Corporate Bank
Currency Performance
Currency Performance Report − Europe Session Performance by FXstreet.com
FX Analysts' Comments
USD/JPY Levels to watch by Valeria Bednarik, Analyst at MolFX − Management
Currencies at a Glance
- EUR/USD
- Continues to move down towards second support level 1.5429
06/23/2008 15:28 GMT - GBP/USD
- Trades below third support level 1.9619
06/23/2008 15:28 GMT - USD/CHF
- Continues to move up towards second resistant level 1.0520
06/23/2008 15:32 GMT - USD/JPY
- Trades above first resistant level 107.83
06/23/2008 15:32 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
Germany GFK CONSUMER CONFIDENCE SURVEY
| Date (GMT) | Event | Cons. | Previous | |
| Jun 24 | 06:10 | Gfk Consumer Confidence Survey | 4.9 | 4.9 |
Friday Notes - Global economy: Slipping on oil? by HVB Group
The joy over the high collective wage agreements at the beginning of the year has dissipated rapidly. The new all−time highs in energy prices have seen income expectations decline appreciably again. Heightened inflation fears have, furthermore, put strong pressure on the willingness−to−buy. This will probably also have triggered a decline in the consumer climate in June. Consumer confidence remains muted.
[ Full Story ]Top Market Movers Review
Germany IFO − BUSINESS CLIMATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 23 | 08:00 | IFO − Business Climate | 101.3 | 102.5 | 103.5 |
| Jun 23 | 08:00 | IFO − Expectations | 94.7 | 96.3 | 97.3 |
DATA SNAP: German June Ifo Business Climate Declines Sharply (Dow Jones)
German business confidence deteriorated significantly in June in the wake of record high oil prices and a weaker export outlook, a survey from the German Ifo Institute showed Monday.
[ Full Story ]- IFO Homepage
- Forex − Euro extends losses as weak Ifo, PMI surveys dampen rate hike prospects (Thomson Financial News)
- Forex − Euro remains weak as economic data shows slowdown gathering pace (Thomson Financial News)
- 3rd UPDATE: German Ifo Business Climate Drops Sharply (Dow Jones)
European Market Update - German IFO Declines; French and Euro−Zone PMI Figures Signal Contraction by TradeTheNews.com
EMU PMI MANUFACTURING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 23 | 08:00 | PMI Manufacturing | 49.1 | 50.2 | 50.6 |
| Jun 23 | 08:00 | Purchasing Manager Index Services | 49.5 | 50.5 | 50.6 |
Euro Zone's services and manufacturing sectors' activity falls into contraction in June (FXstreet.com)
Euro Area's both services and manufacturing sector's PMI indexes have declined to contraction levels in June, according to the latest preliminary estimates released by NTC economics.
[ Full Story ]- Read the official data al NTC Economics
- UPDATE: Euro−Zone June Composite PMI 49.5 − Sources (Dow Jones)
- Forex − Euro drops after weak Ifo, euro zone PMI dips below 50 (Thomson Financial News)
- Euro zone PMI survey shows service, manufacturing sectors contracting UPDATE (Thomson Financial News)
Friday Notes - EMU PMI: Settling below trend by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 23 | 08:00 | DE | IFO − Expectations (Jun) | 94.7 | 96.3 | 97.3 |
| 08:00 | EMU | PMI Manufacturing (Jun)  | 49.1 | 50.2 | 50.6 | |
| Jun 24 | 00:00 | EMU | ECB Trichet's Speech | |||
| 06:10 | DE | Gfk Consumer Confidence Survey (Jul) | 4.9 | 4.9 | ||
| 08:00 | CH | UBS Consumption Indicator (May) | 2.179 | |||
| 08:30 | UK | BBA Mortgage Approvals (May) | 38.7K | |||
| 13:00 | US | S&P/Case−Shiller Home Price Indices (Apr) | -16.0% | -14.4% | ||