Monday, Jul 21, 16:18 GMT
ASIA-PACIFIC Trading Newsletter
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Featured Forex DVDs
FXstreet.com DVD Series − Support and Resistance Trading by Rob Booker and Dave Murphy
In this 2−DVD set, Rob Booker and Dave Murphy guide you through the powerful and easy−to−use trading techniques that have made their FXstreet.com blog one of the most popular forex blogs on the web. Step−by−step, you will learn to set up trades on any currency pair, on any time frame chart. All the trading setups that you will learn come with examples, and full descriptions of why the setups work.
To Get Started
- FXstreet.com International Traders Conference: Early Bird Discount extended until July 31st! Register before it's too late.
- Webinar Videos: Institutional Trading Strategies: The ABCs of Fibonacci by Andrei Pehar
- The Trader's Edge Blog: Pro Pipper Trading Needs Your Input! by Ross Yamashita
- 1st on Forex Blog: Week Ahead for July 21 − 25 Calendar by Jerry Furst
- The Disciplined Trader: Face it, we make more mistakes under pressure! by Pierre Charlebois
- FxBootcamp Blog: Weekly Pivot Points by Wayne McDonell
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.
Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Jul 22, 08:00 GMT
Type of Session: Webinar
Dan Blystone's Weekly Briefing
Expert: Dan Blystone
Start: Tue, Jul 22, 12:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Jul 21, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Tue, Jul 22, 08:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN |  |
| Tue, Jul 22, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Jul 22, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
| Tue, Jul 22, 12:30 GMT | Dan Blystone's Weekly Briefing | Dan Blystone | WBN | |
Current Session: U.S.
EUR/JPY
Mid−Day Forex Technical Report − Yen Weakness Continues, EUR/JPY at New Record High by ActionForex.com
EUR/JPY's rise from 165.32 extends further today and makes new record high at 169.91. Outlook remains unchanged. Rise from 158.60 is still in progress and will take on 170 psychological resistance. Break will encourage further rise to 61.8% projection of 130.60 to 168.93 from 151.71 at 175.40. On the downside, below 168.23 will turn intraday outlook neutral 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:
Multi TimeFrame Market Outlook: USDJPY by WFXAdvisor
FX Weekly Commentary − EUR/USD Rejects 1.60 Again! More Dollar Strength Expected? by FXGreece
Market Session Recaps − London Session by FOREX.com
Banks' Analysis
Technical Analysis: Currencies − GBP/AUD by Mizuho Corporate Bank
Weekly Outlook
Weekly Forex Outlook − US banks turn from Villain to Savior by Easy Forex
Currency Performance Report
Currency Performance Report − Europe Session Performance by FXstreet.com
FX Analysts' Comments
Eur/Usd update by Valeria Bednarik, Analyst at MolFX − Management
Currencies at a Glance
- EUR/USD
- Back around above pivot level 1.5845
07/21/2008 13:53 GMT - GBP/USD
- Moves down towards first support level 1.9910
07/21/2008 13:53 GMT - USD/CHF
- Continues to trade around pivot level 1.0215
07/21/2008 13:53 GMT - USD/JPY
- Stays above pivot level 106.63
07/21/2008 13:53 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 HOUSING PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Jul 22 | 14:00 | Housing Price Index (YoY) | - | -4.6% |
| Jul 22 | 14:00 | Housing Price Index (MoM) | -0.5 | -0.8 |
US economic indicators - We therefore expect that new home sales fell to about 498k by BHF−Bank
Pending home sales rose 7.1% mom in April, only to fall back by 4.7% in May. Against this background, existing home sales recovered to 4.99m in May. However, as pending sales lead existing sales by 1 to 2 months, the April spike is likely to appear in the June sales numbers as well.
[ Full Story ]Top Market Movers Review
US LEADING INDICATORS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 21 | 14:00 | Leading Indicators (MoM) | -0.1% | -0.1% | -0.2% |
US Conference Board: Jun Leading Index −0.1% (Dow Jones)
An index designed to show the U.S. economy's future direction pointed to a further slide in activity in June, extending an unexpected decline the previous month.
[ Full Story ]- US leading index at The Conference Board
- US Leading Index declines for the second consecutive month in June (FXstreet.com)
- US Jun Leading Indicators ease 0.1% (FXstreet.com)
Friday Notes - Downside risks to growth up again, says the index by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 21 | 07:15 | CH | Producer and Import Prices (MoM) (Jun) | 0.6% | 1.2% | |
| 14:00 | US | Leading Indicators (MoM) (Jun) | -0.1% | -0.1% | -0.2% |
|
| 23:50 | JP | All Industry Activity Index (MoM) (May) | 0.4% | 0.8% | ||
| Jul 22 | 06:15 | CH | Trade Balance (Jun) | 1.60 | 1.87B | |
| 08:45 | UK | BoE's Governor King Speech | ||||
| 12:10 | US | Treasury Secretary Paulson speech | ||||
| 12:30 | CA | Retail Sales (MoM) (May) | 0.5% | 0.6% | ||