Monday, Oct 27, 17:06 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Live Daily Broadcast - Today's live show by AllThingsForex
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- Webinar Videos: Facts, Fiction and Truth About Day Trading by Markus Heitkoetter
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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
The Advisor Blog: Japanese Yen intervention? by Valeria Bednarik
Sometimes, trying to find a top or a bottom, it nos just a matter of technical analysis alone. Japanese yen is one of my favorite currencies to trade, and I'm just taking notice of a possible intervention of Japan authorities, in order to deal with the finnacial crisis.
Forex Trading Today: A New Week... So What Now? by Tim Salem
FxBootcamp: Pre London Outlook October 27th 2008 by Wayne McDonell
Live Sessions Schedule
Outlook for the major currencies this week
Expert: Ian Copsey
Start: Tue, Oct 28, 09:00 GMT
Type of Session: Webinar
Dan Blystone's Daily Briefing
Expert: Dan Blystone
Start: Tue, Oct 28, 12:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Oct 27, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN |  |
| Tue, Oct 28, 09:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
| Tue, Oct 28, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Oct 28, 12:30 GMT | Dan Blystone's Daily Briefing | Dan Blystone | WBN | |
| Tue, Oct 28, 13:00 GMT | Fibonacci − Begginers to Advanced | Adam Rosen | WBN | |
Current Session: U.S.
USD/CAD
Special Focus − USDCAD's Strength Looks To Target The 1.3483 Level by FXTechstrategy
USDCAD had for most part of 2007 weakened and continued its long term decline off the 1.6188(Jan'2002 high) to a low of 0.9058 before a bottoming process initiated by a hammer candle pattern halted downside weakness and strengthened upmove for six consecutive weeks between early Nov'07 and Mid−Dec'08.Failed closes above the 1.0379 level, its Jan 22'08 high put the pair into a sideways trading range forming a rectangle pattern for the next eight months that followed until a clean break and close occurred in early August'08 pushing the pair to a high 1.0821(Sept 11'08 high) and meeting about 75% of its range
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
Daily Currency Market Focus - US Dollar Hits 2 Yr High, Growing Risk of Coordinated Rate Cuts
Weekly Outlook
Weekly Market Commentary - The last week in October and many will be hoping stock markets fall no further by Mizuho Corporate Bank
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
Germany GFK CONSUMER CONFIDENCE SURVEY
| Date (GMT) | Event | Cons. | Previous | |
| Oct 28 | 07:00 | Gfk Consumer Confidence Survey | 1.5 | 1.8 |
EMU economic indicators - German confidence likely to decline by BHF−Bank
For similar reasons, the German GfK consumer confidence for November as well as the French consumer confidence, the EMU economic sentiment and the EMU industrial confidence in October are all likely to have declined too.
[ Full Story ]Top Market Movers Review
US NEW HOME SALES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 27 | 14:00 | New Home Sales (MoM) | 2.7% | -1.1% | -11.5% |
| Oct 27 | 14:00 | New Home Sales | 464K | 455K | 452K |
DATA SNAP: US Sept New Home Sales Jump 2.7% (Dow Jones)
New−home sales made a surprising jump last month after hitting a 17−year low in August, a government report said Monday. Sales of single−family homes increased by 2.7% last month to a seasonally adjusted annual rate of 464,000, the Commerce Department said.
[ Full Story ]- Read the New Home Sales data at Census Bureau
- US September new home sales up to 464,000 unit annual rate vs. 450,000 expected (Thomson Financial News)
- US New home sales increase against expectations in September (FXstreet.com)
- Table Of Data On New Home Sales From Commerce (Dow Jones)
Daily Market Report - Today's economic numbers include US New Home Sales by Wachovia
Friday Notes - Builders see nothing but gloomy prospects by HVB Group
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 27 | 14:00 | US | New Home Sales (Sep) | 464K | 455K | 452K |
| 17:05 | US | Treasury Secretary Paulson speech | ||||
| 23:50 | JP | Large Retailer's Sales (Sep) | -2.7% | -2.2% | ||
| 23:50 | JP | Retail Trade (YoY) (Sep) | 0.0% | 0.7% | ||
| 23:50 | JP | Retail Trade s.a (MoM) (Sep) | -0.2% | 0.7% | ||
| Oct 28 | 01:30 | AU | National Australia Bank's Business Confidence(QoQ) (3Q) | -8 | ||
| 07:00 | DE | Gfk Consumer Confidence Survey (Nov) | 1.5 | 1.8 | ||