Wednesday, Oct 22, 16:30 GMT
ASIA-PACIFIC Trading Newsletter
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Check out the new CAG!
The currencies revolution arrives at FXstreet.com
New Currencies at a Glance with all the technical studies you need for your trading plan. Review the market info of the top 31 currency pairs including the hottest pairs of the past week: EUR/USD, GBP/USD, USD/JPY and EUR/CHF.
Moreover data such as live market quotes, forecast, analysts comments, breaking stories and Economic Calendar can be extremely efficient tools for your trading plan.
DISCOVER THE NEW CAG
Forex Blogs
FX Path: EUR/USD − Unrelenting Bears by James Chen
Bearish price action on the EUR/USD pair (a daily chart of which is shown) was absolutely unrelenting on all of Tuesday and as of early Wednesday morning. In the process, a two−year low for the pair was reached.
The Advisor Blog: Gbp/Usd falling apart by Valeria Bednarik
The Disciplined Trader: Is your relationship to Money ‘Healthy'? by Pierre Charlebois
Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Wed, Oct 22, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
MONTHLY WEBINAR − Part 1: Learning to Read Price Action
Expert: Chris Capre
Start: Thu, Oct 23, 14:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Oct 22, 16:00 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN |  |
| Wed, Oct 22, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Thu, Oct 23, 14:00 GMT | MONTHLY WEBINAR − Part 1: Learning to Read Price Action | Chris Capre | WBN | |
| Thu, Oct 23, 15:45 GMT | MONTHLY WEBINAR − Part 2: Applying filters to determine the best trade strategies and setups  | Chris Capre | WBN | |
| Fri, Oct 24, 10:00 GMT | Advanced APF Methods To Determine The Price Momentum | Sunil Mangwani | WBN |  |
Current Session: U.S.
USD/CAD
Mid−Day Forex Technical Report − Canadian Dollar Weakness Catches Up, Dollar and Yen Firm by ActionForex.com
USD/CAD's recent uptrend resumed by taking out 1.2123 high decisively and reaches as high as 1.2545 so far. At this point, intraday bias remains on the upside as long as 1.2307 minor support holds. Further rise should be seen to 261.8% projection of 0.9823 to 1.0819 from 1.0297 at 1.2905 next. On the downside, below 1.2307 will turn intraday outlook neutral and bring consolidation. But downside should be contained above 1.2001 resistance turned support and bring rally resumption.
Dow Theory principles by Valeria Bednarik, analyst and foreign manager at MolFX - Management
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
Technical Summary for Majors - Technical Summary for Majors by Windsor Brokers Ltd
Chart of the Day - Chart of the Day - EUR/USD by FX Solutions
Currency Majors Technical Analysis by Mataf.net
FX Thoughts for the Day - FX Thoughts for the Day by Kshitij Consultancy Service
Weekly Outlook
Trading News Report - New Zealand Dollar: RBNZ Rate Decision on Tap - Will Governor Bollard Deliver a 100bp Rate Cut? by FXCM
Forex Signals
Trade Signals - Matsys D Trade Signals
Currencies at a Glance
- EUR/USD
- Continues to moves sideways with low volatility. Support is seen at 1.2733 while resistance is seen at 1.3150.
10/22/2008 14:28 GMT - GBP/USD
- Move sideways with low volatility. Immediate support is seen at 1.6199, while intra resistance is seen at 1.6520.
10/22/2008 14:28 GMT - USD/CHF
- Moves up with low volatility. Support is seen at 1.1564 while resistance is at 1.1713.
10/22/2008 14:29 GMT - USD/JPY
- Bounces slightly with low volatility. Support is seen at 98.30 while intraday resistance is seen at 100.50.
10/22/2008 14:32 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 CURRENT ACCOUNT N.S.A
| Date (GMT) | Event | Cons. | Previous | |
| Oct 23 | 08:00 | Current Account s.a | -5.0B | -1.7 |
| Oct 23 | 08:00 | Current Account n.s.a | - | -1.1 |
EMU economic indicators - The EMU current account will probably have deteriorated in August by BHF−Bank
The EMU current account will probably have deteriorated in August, like the corresponding German figure and the EMU trade balance.
[ Full Story ]Top Market Movers Review
Canada RETAIL SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 22 | 12:30 | Retail Sales ex Autos (MoM) | -0.3% | 0.5% | 0.4% |
| Oct 22 | 12:30 | Retail Sales (MoM) | -0.3% | -0.2% | 0.1% |
Canada retail sales decline in August on lower car sales (FXstreet.com)
Retail sales in Canada have posted their first decline in six months, due to a considerable decline in automotive sales, according to data released by Statistics Canada.
[ Full Story ]- Read the Retail Trade data at Statistics Canada
- Canada Morning: C$ Dramatically Lower, But Off Lowest Level (Dow Jones)
- Canada Retail Sales decline 0.3% in Aug; ex Autos 0.3% down (FXstreet.com)
Mid−Day Forex Technical Report − Canadian Dollar Weakness Catches Up, Dollar and Yen Firm by ActionForex.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 22 | 14:30 | US | EIA Crude Oil Stocks change (Oct 17) | 3.2M | 8.1M | |
| 16:29 | US | Treasury Secretary Paulson speech | ||||
| 20:00 | NZ | RBNZ Interest Rate Decision | 6.5% | 7.5% | ||
| 23:50 | JP | Adjusted Merchandise Trade Balance (Sep) | ¥114.0B | -¥113.3B | ||
| 23:50 | JP | Merchandise Trade Balance Total (Sep) | -¥324B | |||
| Oct 23 | 08:00 | EMU | Current Account n.s.a (Aug) | -1.1 | ||
| 08:00 | EMU | Current Account s.a (Aug) | -5.0B | -1.7 | ||