Thursday, Sep 11, 15:25 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Webinar Videos: Longer-term Support and Resistance Trading: Setups and Rules by Dave Murphy
- Special Coverage - US Dollar hits one−year high vs euro by FXstreet.com
- 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
The Disciplined Trader: The Hardest Part Of Trading Is Waiting by Pierre Charlebois
There are two voices I my head whenever I trade. One saying: Don't miss the big move . The other says: Don't jump the gun. So which one do I listen to? Well… both I guess. What I have learned over time (and am still learning to be better at) is that I have to be sure when I pull the trigger; that my emotions aren't dictating my trading.
Chartology: Economics and the Charts by Raghee Horner
FX Path: Webinar on Multiple Timeframe Trading by James Chen
Live Sessions Schedule
Who is on the other side of your trade? − Free Access Day
Expert: Sam Seiden
Start: Thu, Sep 11, 16:00 GMT
Type of Session: Webinar
Live Look at Today's Markets − Free Access Day
Expert: Derek Frey
Start: Thu, Sep 11, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Sep 11, 15:00 GMT | How to Get Started Trading Forex − Free Access Day | Mark Whistler | WBN |  |
| Thu, Sep 11, 16:00 GMT | Who is on the other side of your trade? − Free Access Day | Sam Seiden | WBN | |
| Thu, Sep 11, 17:00 GMT | Live Look at Today's Markets − Free Access Day | Derek Frey | WBN | |
| Fri, Sep 12, 10:00 GMT | Advanced APF Methods To Determine The Price Momentum  | Sunil Mangwani | WBN |  |
| Fri, Sep 12, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
Current Session: U.S.
EUR/USD
Currency Majors Technical Analysis by Mataf.net
1,3944. EUR USD is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue to gather momentum.
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- 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:
Market Session Recaps − London Session by FOREX.com
Currencies at a Glance
- EUR/USD
- Stays around first support level 1.3932
09/11/2008 14:58 GMT - GBP/USD
- Stays around opening price level 1.7529 , below pivot level 1.7575
09/11/2008 14:58 GMT - USD/CHF
- Trades around first resistant level 1.1411
09/11/2008 14:59 GMT - USD/JPY
- Moves up back below first support level 106.89
09/11/2008 14:59 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
EMU INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Sep 12 | 09:00 | Industrial Production s.a. (MoM) | -0.2% | 0.0% |
| Sep 12 | 09:00 | Industrial Production w.d.a. (YoY) | -0.4% | -0.5% |
EMU economic indicators - EMU industrial production (July): down by BHF−Bank
French and Italian industrial production are expected to have decreased in July, because the correlated climate indicators continued deteriorating. EMU industrial production is also likely to have declined in July, just as most of the corresponding national figures will probably have done.
[ Full Story ]Top Market Movers Review
US TRADE BALANCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 11 | 12:30 | Trade Balance | -$62.2B | -$58.0B | -$58.8B |
US increases its deficit in trade balance to 62.2 billions in July (FXstreet.com)
The trade balance in goods and services in United States has increased its deficit against expectations in July, as imports rose more than exports, according to data provide by the US Census Bureau.
[ Full Story ]- US International trade in goods and services at Bureau of Economic Analysis
- FOREX−Dollar extends losses versus yen on trade data (Thomson Financial News)
- US July trade deficit widens to $62.2 bln vs $58.0 bln expected (Thomson Financial News)
- REPEAT&CORRECT:Table Of US Goods, Services Trade Balance Data (Dow Jones)
US economic indicators - Trade balance (July): wider deficit despite ongoing strength in exports by BHF−Bank
US IMPORT PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 11 | 12:30 | Import Price Index (MoM) | -3.7% | -1.5% | 0.2% |
| Sep 11 | 12:30 | Import Price Index (YoY) | 16.0% | 20.2% | 21.6% |
US August import prices down record 3.7%, up 16% over year (Thomson Financial News)
Total US import prices fell by a record amount in August as petroleum import prices saw the largest monthly decline in more than 5 years, the Labor Department reported Thursday.
[ Full Story ]- U.S. Import and Export Price Indexes at US Department of Labor
- US Import Prices fell 3.7% MoM, the largest monthly decline since 1988 (FXstreet.com)
- US Import Prices Post Record Drop; Energy Prices Tumble (Dow Jones)
- Table Of US Trade Data −2 Imports, Exports (Dow Jones)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 11 | 12:30 | US | Import Price Index (YoY) (Aug) | 16.0% | 20.2% | 21.6% |
| 12:30 | CA | International Merchandise Trade (Jul) | $4.9B | $5.7B | $5.8B | |
| 18:00 | EMU | ECB Trichet's Speech | ||||
| 18:00 | US | Monthly Budget Statement (Aug) | -105.0B | -102.8B | ||
| 22:45 | NZ | Retail Sales (MoM) (Aug) | -0.3% | 0.9% | ||
| 22:45 | NZ | Retail Sales ex Autos (MoM) (Aug) | 0% | |||
| 23:50 | JP | Gross Domestic Product (QoQ) (2Q) | -0.7% | 1.0% | ||