Thursday, Nov 27, 16:56 GMT
ASIA-PACIFIC Trading Newsletter
Forex Essentials Course
21 lessons to get started in the Forex Market by LearningMarkets.com
From the Basics to the Portfolio Management, going through key topics for your learning such as Margin and Leverage, Support and Resistance, Fibonacci Analysis or Reversal Patterns. Specially built for beginners and for those who want to refresh their knowledge.
Definitely an extensive review of the Forex that you can't miss.
More educational resources in the education section
To Get Started
- Webinar Videos: Trade What Is Real, Not What You Feel: Quantifying Supply (resistance) and Demand (support) In The Forex Markets by Sam Seiden
- All the events of the day in our Economic Calendar
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
The Advisor Weblog: EUR/USD for today by Valeria Bednarik
The pair has move the range trading a bit higher, and now seems contained above the 1.2800 zone, yet respecting yesterday's descendant trend line.
The Trader's Edge: EUR/USD: US Celebrates Thanksgiving by Ross Yamashita
FX Market Readings: Expected market moves during Thanks giving days by Dr. S. Sivaraman
Forexology: Gold again by Sunil Mangwani
Live Sessions Schedule
The Forex Basic Training Program − Chapter IX
Expert: Wayne McDonell
Start: Fri, Nov 28, 09:00 GMT
Type of Session: Webinar
Fibonacci Friday
Expert: Andrei Pehar
Start: Fri, Nov 28, 16:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Nov 28, 09:00 GMT | The Forex Basic Training Program − Chapter IX | Wayne McDonell | WBN |  |
| Fri, Nov 28, 11:00 GMT | Advanced APF Methods To Determine The Price Momentum  | Sunil Mangwani | WBN |  |
| Fri, Nov 28, 12:00 GMT | Live analysis of the Forex markets | Sam Seiden | WBN | |
| Fri, Nov 28, 13:00 GMT | US Pre−Market Open | Ed Ponsi | WBN | |
| Fri, Nov 28, 14:00 GMT | FX Market Pulse | Raghee Horner | WBN | |
Current Session: U.S.
EUR/USD
EUR USD is in a consolidation after the last bullish movement
Mataf.net − 1,2928. EUR USD is in a consolidation after the last bullish movement. EUR USD is in a range between 1,2820 and 1,3075. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in Bollinger bands. We won't take a position.
.
USD/CHF
The pair is under corrective selling pressure by Valeria Bednarik, analyst and foreign manager at MolFX − Management
The pair is under corrective selling pressure, despite longer term charts remain bullish. For today, chances are to the downside as long as the pair remains capped under the descendant trend line you can see in this chart @ 1.2030
GOLD
Gold again by Sunil Mangwani, CEO at FibForex123.
At this stage price seems to be in a consolidation stage and we are not sure about the direction its going to take.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, i-knowindices.com, Mizuho Corporate Bank, MolFX - Management
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
EUR USD, Hourly
Top Market Movers Preview
EMU CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Nov 28 | 10:00 | Consumer Price Index (YoY) | 2.7% | 3.2% |
Friday Notes - Eurozone inflation is expected to decelerate sharply in November by HVB Group
Eurozone inflation is expected to decelerate sharply in November. We expect a sizeable 0.9 pp decline to 2.3%, helped by a further deceleration in food prices and a large positive base effect on energy, which should account for half of the inflation decline. Core prices should remain relatively sticky. Inflation will ease further in the coming months. We expect a drop below 2% in March 2009, while the trough should be just below 1% in July 2009, with risks of even undershooting these figures.
[ Full Story ]Top Market Movers Review
EMU CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 27 | 10:00 | Economic Confidence | 74.9 | 78.0 | 80.4 |
| Nov 27 | 10:00 | Industrial Confidence | -25 | -21 | -18 |
| Nov 27 | 10:00 | Consumer Confidence | -25 | -25 | -24 |
DATA SNAP: Euro−Zone Business Confidence Collapsed In Nov (Dow Jones)
Business and consumer confidence in the 15 countries that use the euro collapsed in November, indicating that the economy will slow further in the months ahead.
[ Full Story ]- Business and Consumer Surveys at European Commission
- WRAPUP 2−Big ECB cut seen as euro zone optimism hits 15−yr low (Thomson Financial News)
- WRAPUP 1−Jumbo ECB cut seen as euro zone optimism hits 15−yr low (Thomson Financial News)
- UPDATE − Euro zone sentiment sinks, calls for big ECB cut (Thomson Financial News)
EMU economic indicators - EMU industrial confidence and economic sentiment (November): down by BHF−Bank
Germany UNEMPLOYMENT CHANGE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 27 | 08:55 | Unemployment Change | -10K | - | -26K |
German jobless rate edged down in November (FXstreet.com)
Unemployment figures have declined slightly in Germany in November although the jobless rate has remained unchanged, according to data released by the German employment office.
[ Full Story ]- Read the official data at Bundesagentur für Arbeit
- UPDATE 2−German jobs boom nears peak as recession bites (Thomson Financial News)
- UPDATE 1−German labour market nears peak after jobless fall (Thomson Financial News)
- TABLE−German Nov adj jobless falls 10,000 m/m (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 27 | 00:00 | US | Thanksgiving day | |||
| 10:00 | EMU | Consumer Confidence (Nov) | -25 | -25 | -24 | |
| 21:45 | NZ | Building Permits (MoM) (Oct) | 8.4% | |||
| 23:15 | JP | PMI Manufacturing Index (Oct) | 42.2 | |||
| 23:30 | JP | Jobless Rate (Oct) | 4.2% | 4.0% | ||
| 23:30 | JP | National Consumer Price Index (YoY) (Oct) | 1.7% | 2.1% | ||
| 23:30 | JP | National CPI Ex Food, Energy (YoY) (Oct) | 0.2% | 0.2% | ||