Monday, Nov 03, 17:04 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- All the events of the day in our Economic Calendar
- Webinar Videos: Bollinger Bands and RSI by Valeria Bednarik
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Forex Blogs
FX Market Readings: Price actions in the market by Dr. S. Sivaraman
EURO and GBP rised during Japanese session and slowly making the swings in the middle level.GBP however has made more drop and cut the low when compared to EURO and that could create more uncertanity whether there could be rise or further drop in them.
The Advisor Blog: Gbp/Usd in the short term by Valeria Bednarik
1st on Forex: Week Ahead − US Election Finally − Rates and NFP by Jerry Furst
Live Sessions Schedule
Fundamental Review
Expert: Adam Rosen
Start: Tue, Nov 4, 14:00 GMT
Type of Session: Webinar
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, Nov 4, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Nov 3, 17:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Tue, Nov 4, 12:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Nov 4, 14:00 GMT | Fundamental Review | Adam Rosen | WBN |  |
| Tue, Nov 4, 15:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN | |
| Tue, Nov 4, 16:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
Current Session: U.S.
EUR/USD
Currency Majors Technical Analysis − 1,2741. EUR USD is in an downtrend directed by daily exponential moving averages by Mataf.net
,2741. EUR USD is in an downtrend directed by daily exponential moving averages. EUR USD is in a consolidation after the last bearish movement. EUR USD is in a range between 1,2670 and 1,2990. The volatility decreases. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should find a support above 1,2670 (71 pips). If the support is broken then the target will be 1,2500 (241 pips). We are waiting for a break of the support to take a short position.
Expected moves for US session by Dr. S. Sivaraman, of i-knowindices.com
Trend Trading - Part 1: Elements of Trend Trading in FX and Futures Markets by Don Wilcox, Forex News Analyst Trade The News
Check out how pairs moved: Live Currency Rates & Charts
Other Topics for This Session
Mid-Day Forex Technical Report - Dollar Steady after Poor ISM, Sterling Hit by Rate Cut Speculations by ActionForex.com
Weekly Outlook
Weekly Technical Commentary 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
US FACTORY ORDERS
| Date (GMT) | Event | Cons. | Previous | |
| Nov 4 | 14:00 | Factory Orders | -1.3% | -4.0% |
US economic indicators - Factory orders (September): decrease partly due to falling energy prices by BHF−Bank
Moreover, the development of the ISM new orders component indicates a decline in factory orders, as the graph shows. We thus expect total factory orders to have fallen by about 0.5% mom in September. The August decline could be revised from –4.0% to –4.5% mom.
[ Full Story ]Top Market Movers Review
US ISM MANUFACTURING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 3 | 15:00 | ISM Manufacturing | 38.9 | 42.0 | 43.5 |
DATA SNAP/ISM Mfg: US Oct Business Index 38.9 Vs Sep 43.5 (Dow Jones)
−U.S. factories saw yet another drop in activity in October, as problems in the financial sector continued to spill over into the manufacturing arena. The Institute for Supply Management, a private research group, reported Monday that its index of manufacturing activity failed to grow for a third consecutive month.
[ Full Story ]- Read the Manufacturing Report at ISM
- ISM: New manufacturing orders will take time to recover (Thomson Financial News)
- UPDATE: US Factory Activity Falls, ISM Mfg Index At 26−Yr Low (Dow Jones)
- US ISM Manufacturing Index drops lower than expected in October (FXstreet.com)
Daily Market Briefing - US Dollar: Next Week's ISM Manufacturing, ISM Services, and NFP Releases Likely to Reiterate US Recession Risk by FXCM
US economic indicators - ISM indices (October): declining further to recession levels by BHF−Bank
Trading News Report - U.S. ISM Manufacturing Expect to Fall Further, Can the Dollar Hold Its Ground? by FXCM
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 3 | 15:00 | US | ISM Manufacturing (Oct) | 38.9 | 42.0 | 43.5 |
| 16:00 | UK | BoE's Governor King Speech | ||||
| Nov 4 | 00:00 | EMU | Ecofin Meeting | |||
| 00:00 | US | U.S. Presidential Election | ||||
| 01:30 | JP | Labor Cash Earnings (YoY) (Sep) | 0.2% | -0.3% | ||
| 02:00 | NZ | ANZ Commodity Price (Oct) | -4.9% | |||
| 03:30 | AU | RBA Interest Rate Decision | 5.5% | 6.0% | ||