Tuesday, Nov 04, 17:07 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: US session expected moves during voting time by Dr. S. Sivaraman
EURO and GBP made the hansome gains during European session and now gap time 14:00−14:30 GMT they are holding without dropping much.During US session USD/YEN is expected to go above 100.77 to start with and USD/CAD is expected to lead further USD weakening move along with AUD/USD.
The Advisor Blog: Gbp/Usd 15 minutes charts by Valeria Bednarik
Forex Trading Today: Success with our Pound Yen Selling Opportunity by Tim Salem
Live Sessions Schedule
FX Instructor Live Trading Room
Expert: Mark De La Paz
Start: Wed, Nov 5, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading Break Out's And Other Market Views
Expert: Phil Newton
Start: Wed, Nov 5, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Nov 4, 17:00 GMT | Conquering Fear and Greed | Markus Heitkoetter | WBN |  |
| Tue, Nov 4, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Nov 5, 10:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN | |
| Wed, Nov 5, 11:00 GMT | Trading Break Out's And Other Market Views | Phil Newton | WBN | |
| Wed, Nov 5, 14:00 GMT | Main technical theme in the currency market | Jamie Saettele | WBN |  |
Current Session: U.S.
USD/CAD
Mid−Day Forex Technical Report − Dollar and Yen Weakens as Sentiments Flip Again by ActionForex.com
USD/CAD's correction from 1.3015 resumes by taking out 1.1900 low and reaches as low as 1.1630 in early US session. At this point, intraday bias remains on the downside a long as 1.1892 minor resistance holds. Further decline is still expected. Nevertheless, downside of this correction is expected to be contained by 1.1260/1419 support zone (50% retracement of 0.9823 to 1.3015 at 1.1419 and 100% projection of 1.3015 to 1.1900 from 1.2375 at 1.1260 as well as 1.1304 support) and bring up trend resumption. On the upside, above 1.1892 will turn intraday outlook neutral first.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, 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 U.S. PRESIDENTIAL ELECTION
| Date (GMT) | Event | Cons. | Previous | |
| Nov 5 | 00:00 | U.S. Presidential Election | - | - |
FX Daily Update - US Elections: Will the Dollar Be the Winner? by FXstreet.com Independent Analyst
The big day of the US elections is finally here. The dollar rose during the Early European after EUR/USD plummeted down to 1.2530; however the pair reversed its move and at the time of writing was hovering close to 1.28. It is very obvious that traders do not know which way to go and uncertainty is the theme for now.
[ Full Story ]- 1st on Forex: Week Ahead − US Election Finally − Rates and NFP by Jerry Furst
- TREASURIES−Bonds steady as investors watch US election (Thomson Financial News)
- US STOCKS−Wall St rises ahead of presidential election (Thomson Financial News)
European Market Update - USD softens ahead of US election results; Market hoping for aggressive European interest rate cuts later this week by TradeTheNews.com
Gold Investments Market Update − New President Faces Monumental Challenge of Staggering Debt Levels and "Empire in Decline" by Gold and Silver Investments Limited
Top Market Movers Review
US FACTORY ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 4 | 15:00 | Factory Orders | -2.5% | -1.3% | -4.3% |
DATA SNAP: US Sep Factory Orders Fall More Than Expected (Dow Jones)
Factory orders suffered another big drop September, with manufacturing orders outside the transportation sector registering a record decline amid a weakening economy.
[ Full Story ]- Read the Factory Orders data at Census Bureau
- CORRECTION US ECON: Sept Factory Orders Down 2.5%, Ex−Trans Down A Record 3.7% (Thomson Financial News)
- US Factory Orders, worse than expected in September (FXstreet.com)
- US ECON: Sept Factory Orders Down 2.5%, Ex−Transportation Down A Record 3.7% (Thomson Financial News)
US economic indicators - Factory orders (September): decrease partly due to falling energy prices by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 4 | 00:00 | EMU | Ecofin Meeting | |||
| 15:00 | US | Factory Orders (Sep) | -2.5% | -1.3% | -4.3% |
|
| 23:30 | JP | Monetary Base (YoY) (Oct) | 0.9% | |||
| Nov 5 | 00:00 | US | U.S. Presidential Election | |||
| 00:01 | UK | Nationwide Consumer Confidence (Oct) | 50 | |||
| 00:30 | AU | Building Permits (MoM) (Sep) | -1.0% | -3.7% | ||
| 00:30 | AU | Building Permits (YoY) (Sep) | -14.3% | -8.6% | ||