Tuesday, Jun 24, 15:45 GMT
ASIA-PACIFIC Trading Newsletter
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- New Blog: Technical Trading Tips and Techniques by James Chen
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- ITC'08: Lars Christensen, (Danske Bank) confirmed key speaker
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Live Sessions Schedule
Institutional Trading Strategies
Expert: Andrei Pehar
Start: Wed, Jun 25, 15:00 GMT
Type of Session: Webinar
Live Coverage of FOMC US Interest Rate Announcement
Expert: Jerry Furst
Start: Wed, Jun 25, 17:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Jun 24, 17:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Jun 25, 09:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN |  |
| Wed, Jun 25, 10:00 GMT | Trading Break Out's And Other Market Views | Phil Newton | WBN |  |
| Wed, Jun 25, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Wed, Jun 25, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN | |
Current Session: U.S.
AUD/USD
Mid−Day Forex Technical Report − Dollar Weakens Again after Poor Housing & Confidence by ActionForex.com
While nearer term recovery off the 1.5302 (Jun 13'08 low) remains in force, as long as those upside gains are limited to the 1.5842 level, its Jun 09'08 high, lower prices are expected. the 1.5510 level, its April 03'08 low will then be seen as the next downside target followed by the 1.5360/64 level, its .382 Fib Ret/ Jun 05'08 low. A break through there will extend more losses towards its May 08'08 low at 1.5283 and later its .50 Ret (1.4309−1.6018 high) at 1.5164.
- 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:
Chart of the Day − Chart of the Day − USD/JPY by FX Solutions
Banks' Analysis
Forex Trading Strategies − Wait for FOMC monetary policy statement tomorrow continues by Saxo Bank
FX Analysts' Comments
Majors Update by Valeria Bednarik, Analyst at MolFX − Management
Fibonacci Found in England; Pizza Sales Spike by Rob Booker, Currency Trader
Week begins with volatile moves to firm up from now in EURO and GBP by Dr. S. Sivaraman, of i−knowindices.com
FX' Signal
Trade Signals − Matsys D Trade Signals by Fxwintrades
Currencies at a Glance
- EUR/USD
- Moves up above first resistant level 1.5613
06/24/2008 15:17 GMT - GBP/USD
- Moves up towards first resistant level 1.9744
06/24/2008 15:17 GMT - USD/CHF
- Continues to move down below first support level 1.0359
06/24/2008 15:18 GMT - USD/JPY
- Continues to move down below pivot level 107.66
06/24/2008 15:18 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 CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Jun 25 | 06:00 | Consumer Price Index (MoM) | 0.3% | 0.6% |
| Jun 25 | 06:00 | Consumer Price Index (YoY) | 3.3% | 3.0% |
EMU economic indicators - We expect German consumer prices to have increased by BHF−Bank
We expect German consumer prices to have increased by 0.2% mom and 3.2% yoy. The monthly inflation will have been mainly due to further price increases for gasoline and heating oil. These products are likely to have pushed inflation up by about 0.2 percentage points.
[ Full Story ]Top Market Movers Review
US CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 24 | 14:00 | Consumer Confidence | 50.4 | 56.7 | 58.1 |
U.S. consumer confidence falls in June to 50.4 vs 56.5 expected (Thomson Financial News)
U.S. consumer confidence fell for the sixth consecutive month in June, a key indicator of the economy showed. The New York−based Conference Board said its Consumer Confidence Index fell to 50.4 in June from an upwardly revised 58.1 in May. This month's Consumer Confidence Index registered the fifth−lowest reading on record.
[ Full Story ]- Dollar Declines Vs Rivals On June US Consumer Confidence (Dow Jones)
- US Consumer confidence plunges in June; expectations at all−time low (FXstreet.com)
- US Consumer Confidence down to 50.4 in Jun from 58.1 in May (FXstreet.com)
US economic indicators - June consumer confidence indices are likely to decline further from long−time lows by BHF−Bank
Germany GFK CONSUMER CONFIDENCE SURVEY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jun 24 | 06:10 | Gfk Consumer Confidence Survey | 3.9 | 4.9 | 4.7 |
Germany's GfK sees July consumer climate index at 3.9 points vs 4.7 in June (Thomson Financial News)
The GfK market research institute said its consumer climate index for Germany is forecast to be at 3.9 points in July compared with 4.7 points in June. The figure missed the 4.6 point consensus forecast by economists in a Thomson Financial News poll.
[ Full Story ]Friday Notes - Global economy: Slipping on oil? by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jun 24 | 14:00 | US | Consumer Confidence (Jun) | 50.4 | 56.7 | 58.1 |
| 14:00 | US | Housing Price Index (MoM) (Apr) | -0.8 | -0.5 | -0.4 | |
| 21:00 | US | ABC/Washington Post Consumer Confidence (Jun 22) | -44 | |||
| 23:50 | JP | Adjusted Merchandise Trade Balance (May) | ¥413.4B | ¥609.2B | ||
| 23:50 | JP | Corporate Service Price (YoY) (May) | 0.6% | 0.5% | ||
| 23:50 | JP | Merchandise Trade Balance Total (May) | ¥23.1B | ¥485.0B | ||
| Jun 25 | 06:00 | DE | Consumer Price Index (MoM) (Jun)  | 0.3% | 0.6% | |