Friday, Jul 18, 15:44 GMT
ASIA-PACIFIC Trading Newsletter
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Live Sessions Schedule
Understand & Use Fibonacci Ratio's Effectively
Expert: Sunil Mangwani
Start: Mon, Jul 21, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Jul 21, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Jul 18, 15:00 GMT | Fibonacci Friday | Andrei Pehar | WBN |  |
| Mon, Jul 21, 10:00 GMT | Understand & Use Fibonacci Ratio's Effectively | Sunil Mangwani | WBN | |
| Mon, Jul 21, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN | |
| Mon, Jul 21, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Jul 21, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
Current Session: U.S.
USD/CAD
Mid−Day Forex Technical Report − Dollar Quietly in Range, Yen Mildly Lower by ActionForex.com
USD/CAD's recovery from 0.9974 extended further and touching of 1.0069 minor resistance with 4 hours MACD staying above signal line indicates that an intraday low is probably in place. Intraday outlook is neutral for the moment. As discussed, before, with 0.9957 support zone (100% projection of 1.0322 to 1.0048 from 1.0230 at 0.9964) still holds, price actions from 1.0322 is still treated as correction to rally from 0.9818 only. Above 1.0081 minor resistance will encourage further rise to 1.0230 resistance first.
- The Advisor Weblog by Valeria Bednarik, Analyst at MolFX − Management
- The Forex Game: Stop Losing Dollars... Win Duellars!
- Using fibonacci retracements to identify support and resistance by John Jagerson, Founder Profiting With Forex
- 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
Daily Technical Strategist − EURUSD: End Of Current Corrective Downside To Set The Tone For Resumption Of Upside Offensive by FXTechstrategy
Daily Trading Forecast − Greenback Continues its Reluctant Recovery by Swiss e Trade AG
FX Analysts' Comments
EUR/USD trade closed for the weekend by Rob Booker, Currency Trader
USD/JPY Friday Morning (NY) Update by James Chen, Chief Technical Analyst, at FX Solutions
Currencies at a Glance
- EUR/USD
- Continues to trade around pivot level 1.5847
07/18/2008 15:36 GMT - GBP/USD
- Trades around first support level 1.9969
07/18/2008 15:36 GMT - USD/CHF
- Moves up above pivot level 1.0194
07/18/2008 15:37 GMT - USD/JPY
- Stays above pivot level 106.02
07/18/2008 15:37 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 LEADING INDICATORS
| Date (GMT) | Event | Cons. | Previous | |
| Jul 21 | 14:00 | Leading Indicators (MoM) | - | 0.1% |
Friday Notes - Downside risks to growth up again, says the index by HVB Group
Stocks were trampled, initial claims for unemployment were a little higher, delivery delays subsided, money supply sagged, and consumer confidence plunged. Together they point to renewed deterioration in the index, even if other components did a little better.
[ Full Story ]Top Market Movers Review
Canada LEADING INDICATORS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 18 | 12:30 | Leading Indicators (MoM) | 0.0% | 0.1% | 0.2% |
Canadian leading index remains flat in June (FXstreet.com)
Canadian leading index has remained unchanged in June following a 0.2% increase in May, with new orders and the housing index dragging this composite index down, according to the latest release by Statistics Canada.
[ Full Story ]- Read the Leading Indicators data at Statistics Canada
- Canada Morning: C$ Moderately Higher In Narrow Trading Range (Dow Jones)
- Canada Leading Indicators remains unchanged in Jun (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 18 | 12:30 | CA | Leading Indicators (MoM) (Jun) | 0.0% | 0.1% | 0.2% |
| 12:30 | CA | Wholesale Sales (MoM) (May) | 1.6% | 1.4% | ||
| Jul 20 | 23:01 | UK | Rightmove House Price Index (MoM) (Jul) | -1.2% | ||
| 23:01 | UK | Rightmove House Price Index (YoY) (Jul) | 0.1% | |||
| Jul 21 | 01:30 | AU | New Motor Vehicle Sales (MoM) (Jun) | -1.6% | ||
| 01:30 | AU | New Motor Vehicle Sales (YoY) (Jun) | 2.6% | |||
| 01:30 | AU | Producer Price Index (QoQ) (2Q) | 1.9% | |||