Wednesday, Sep 10, 16:03 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Webinar Videos: How to profit in today's globalization 3.0 credit bubble economy by John W O'Donnell
- Exclusive report - Perceiving Forex Volatility through Descriptive Statistics − Part 1 by Mark Whistler
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International Traders Conference 2008 − October 29−31
Don't miss the FX event of the year
This year's topics are Trading Psychology, Emerging Markets Currencies, Hidden Divergence, Risk Management, Range Trading, Support and Resistance, Break Out Trading Strategies and Sentiment Indicators.
And there will be 3 LIVE TRADING sessions coached by our guest speakers!
Book now your seat for the ITC 2008 and Enjoy our LAST CALL OFFER: 550 €
- Speeches Schedule
- Speakers Panel
- Haven't you decided to go yet? − View all 2007 videos
Forex Blogs
Recommended Readings
FX Path: Webinar on Multiple Timeframe Trading by James Chen
Hello everyone! Just a quick announcement. I will be conducting an open FXstreet webinar next week on one of my favorite subjects − Multiple Timeframe Trading. If this method is new to you, the webinar should be very helpful and instructive.
The Advisor Blog: Other Majors for today by Valeria Bednarik
FX Market Readings: Volatile mid weeks by Dr. S. Sivaraman
Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Wed, Sep 10, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
FX Instructor Live Trading Room − Free Access Day
Expert: Mark De La Paz
Start: Thu, Sep 11, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Sep 10, 15:00 GMT | An Insider's Look at Acuity WorkStation − Live Showroom with the Software's Creator | Andrei Pehar | SHW | |
| Wed, Sep 10, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Thu, Sep 11, 11:00 GMT | FX Instructor Live Trading Room − Free Access Day | Mark De La Paz | WBN | |
| Thu, Sep 11, 12:00 GMT | US Pre−Market Open − Free Access Day | Ed Ponsi | WBN |  |
| Thu, Sep 11, 12:30 GMT | Trading Trending Markets with Moving Averages − Free Access Day | Adam Rosen | WBN | |
Current Session: U.S.
EUR/JPY
Mid−Day Forex Technical Report − Yen Mildly Higher but Remains Mixed after Lehman by ActionForex.com
EUR/JPY dips to as low as 150.15 in early US session, taking out 150.59 low briefly. Downside momentum is not convincing yet. Nevertheless, intraday outlook is cautiously bearish as long as 153.62 minor resistance holds and further fall is in favor to key medium term support at 149.27. On the upside, above 153.62 will indicate that EUR/JPY is still bounded in sideway consolidation and flip intraday bias back to the upside for another test of 157.83 cluster resistance (38.2% retracement of 169.96 to 150.59 at 157.99) holds.
- Harmonics on Gold by Sunil Mangwani, CEO at FibForex123.
- Forex Swing Trading, Low Risk / High Reward Trading In The Largest by by 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:
Daily Technical Strategist − EURUSD: Overturns Intra Day Gains, Closes Lower by FXTechstrategy
Technical Summary for Majors − Technical Summary for Majors by Windsor Brokers Ltd
Currencies at a Glance
- EUR/USD
- Drops below first support level 1.4044
09/10/2008 15:32 GMT - GBP/USD
- Moves down towards first support level 1.7504
09/10/2008 15:32 GMT - USD/CHF
- Moves up above first resistant level 1.1350
09/10/2008 15:32 GMT - USD/JPY
- Moves up above pivot level 107.31
09/10/2008 15:33 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, GFT (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
New Zealand RBNZ INTEREST RATE DECISION
| Date (GMT) | Event | Cons. | Previous | |
| Sep 10 | 21:00 | RBNZ Interest Rate Decision | 7.75% | 8.00% |
Weekly Market View - RBNZ Interest Rate Announcement by FXstreet.com
In New Zealand, the RBNZ Interest Rate Announcement (Current 8.00 %) is scheduled at 21:00 GMT. Be aware NZD/USD traders.
[ Full Story ]- NZ dollar rebounds on firmer Aussie, RBNZ awaited (Thomson Financial News)
Top Market Movers Review
Canada LABOR PRODUCTIVITY
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 10 | 12:30 | Labor Productivity (QoQ) | -0.2% | 0.3% | -0.6% |
Canadian labour productivity edged down 0.2% in the Q2 (FXstreet.com)
Labour productivity has declined in Canada in the second quarter, against the experts expectations of a slight pick up, posting the third consecutive decline, the largest negative period since records are taken, in 1990.
[ Full Story ]- Labour productivity at Statistics Canada
- Canada Morning: C$ Up Modestly In Subdued Trading (Dow Jones)
- Canada Labor Productivity declines 0.2% in 2Q (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 10 | 12:30 | CA | Labor Productivity (QoQ) (2Q) | -0.2% | 0.3% | -0.6% |
| 14:35 | US | EIA Crude Oil Stocks change (Sep 6) | -5.9M | -1.9 | ||
| 21:00 | NZ | RBNZ Interest Rate Decision | 7.75% | 8.00% | ||
| 22:45 | NZ | Food Price Index (MoM) (Aug) | 0.6% | |||
| 23:50 | JP | Core Machinery Orders (MoM) (Jul) | -4.0% | -2.6% | ||
| Sep 11 | 01:00 | AU | Consumer Inflation Expectation (Aug) | 4.9% | ||
| 01:30 | AU | Employment Change (Aug) | 5.9K | 10.9K | ||