Friday, Sep 19, 15:51 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Special coverage - Central Banks move its forces to beat the global (US) problem by FXstreet.com
- FX Wizard advises in the forum − How to trade in these volatile days
- Webinar Videos: Multiple Timeframe Trading by James Chen
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.
Forex Blogs
Chartology: Transitioning from one entry style to another by Raghee Horner
I like breakout trading, it allows me to take advantage of a move as price breaks congestion or consolidation. These set ups must first and foremost, set up in a sideways market.
The Disciplined Trader: If you don't think trader sentiment is what moves the markets by Pierre Charlebois
Forex Path: Recorded Webinar Posted − Forex Multiple Timeframe Trading by James Chen
Live Sessions Schedule
Understand & Use Fibonacci Ratio's Effectively
Expert: Sunil Mangwani
Start: Mon, Sep 22, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Appreciation and Deppreciation in News Trading
Expert: Carlos Rocha
Start: Mon, Sep 22, 13:00 GMT
Type of Session: Webinar
Topics
− How will the currency react?
− What does the Market do when the News are released?
− Should I buy or sell ?
| Sponsored by | ||||
| Fri, Sep 19, 15:00 GMT | Fibonacci Friday | Andrei Pehar | WBN |  |
| Mon, Sep 22, 10:00 GMT | Understand & Use Fibonacci Ratio's Effectively | Sunil Mangwani | WBN | |
| Mon, Sep 22, 13:00 GMT | Appreciation and Deppreciation in News Trading | Carlos Rocha | WBN | |
| Mon, Sep 22, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
| Mon, Sep 22, 15:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets  | Mark Whistler | WBN | |
Current Session: U.S.
USD/JPY
Mid−Day Forex Technical Report − Massive Carry Trade Comeback on Stock Rally by ActionForex.com
USD/JPY's rally from 103.54 extends further to as high as 108.02 in early US session and is now pressing 107.97 resistance. At this point, intraday bias remains on the upside as long as 106.63 minor support holds. Decisive break of 107.97 will confirm that decline from 110.66 has completed at 103.54 after drawing support form 103.76 support. In other wise, whole medium term rebound is possibly in still force and further rally should be seen to retest 110.66 high first. On the downside, below 106.63 will turn intraday outlook neutral.
- Fed Special Coverage Transcript by Valeria Bednarik
- Technical Analysis Bootcamp: The indicators you need to know and how to interpret them by Dan Blystone, Founder TradersLog.com
- Check out how pairs moved: Live Currency Rates & Charts
Other Topics for this Session:
Daily Technical Strategist − EURUSD: Risks Of A Decline Towards The 1.3882/52 Looms by FXTechstrategy
FX Thoughts for the Day − FX Thoughts for the Day by Kshitij Consultancy Service
Banks' Analysis
Today's Technical Trading Points by Danske Bank A/S
Forex Analysts' Blog
The Power of Forex Point and Figure Charting by James Chen, Chief Technical Analyst at FX Solutions
Forex Signals
Spot Forex Trades − 18pips EURUSD Mission Accomplished; Reversals on the Way! by ForexSurvivor
Trade Signals − Matsys D Trade Signals by Fxwintrades
Currencies at a Glance
- EUR/USD
- Trades around pivot level 1.4389
09/19/2008 15:45 GMT - GBP/USD
- Trades above first resistant level 1.8274
09/19/2008 15:45 GMT - USD/CHF
- Continues to move down back around opening price level 1.1044 , above pivot level 1.1018
09/19/2008 15:45 GMT - USD/JPY
- Moves down back around second resistant level 106.86
09/19/2008 15:45 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 Review
Germany PRODUCER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 19 | 06:00 | Producer Price Index (MoM) | -0.6% | -0.5% | 2.0% |
| Sep 19 | 06:00 | Producer Price Index (YoY) | 8.1% | 8.3% | 8.9% |
German Producer Prices Index declines in August on energy prices (FXstreet.com)
Inflation seems to have started to moderate in the last two months due to the significant decline in oil prices, and this moderation has been felt at factory levels in Germany in August, with the producer prices index posting a considerable decline month on month, for the first time this year.
[ Full Story ]- Producer prices August 2008 by German Statistics
- German producer price inflation eases in August (Thomson Financial News)
- TABLE−German Aug PPI −0/6 pct m/m, +8.1 pct y/y (Thomson Financial News)
- Germany Producer Price Index down 0.6% in Aug; 8.1% down year on year (FXstreet.com)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 19 | 06:00 | DE | Producer Price Index (MoM) (Aug) | -0.6% | -0.5% | 2.0% |
| 06:00 | DE | Producer Price Index (YoY) (Aug) | 8.1% | 8.3% | 8.9% | |
| Sep 21 | 23:01 | UK | Rightmove House Price Index (MoM) (Sep) | -2.3% | ||
| 23:01 | UK | Rightmove House Price Index (YoY) (Sep) | -4.8% | |||
| 23:50 | JP | All Industry Activity Index (MoM) (Jul) | -0.9% | |||
| 23:50 | JP | BoJ Minutes (Aug) | ||||
| Sep 22 | 01:30 | AU | New Motor Vehicle Sales (MoM) (Aug) | -3.4% | ||