Friday, Nov 28, 16:46 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
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Forex Blogs
The Advisor Blog: Usd/Jpy alone by Valeria Bednarik
While Europeans fall against greenback, Japanese Yen stays almost flat against dollar, as the fight is to even there. No clear trend there, no clear trades for me right now, but two key levels two watch (...)
FX Market Readings: Month end moves by Dr. S. Sivaraman
Forexology: Gold again by Sunil Mangwani
Live Sessions Schedule
Understand & Use Fibonacci Ratios Effectively
Expert: Sunil Mangwani
Start: Mon, Dec 1, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Dec 1, 15:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Nov 28, 16:00 GMT | Fibonacci Friday | Andrei Pehar | WBN |  |
| Mon, Dec 1, 10:00 GMT | Understand & Use Fibonacci Ratios Effectively | Sunil Mangwani | WBN | |
| Mon, Dec 1, 13:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN | |
| Mon, Dec 1, 14:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Mon, Dec 1, 15:00 GMT | Derek Frey's Outlook | Derek Frey | WBN | |
Current Session: U.S.
EUR/JPY
Euro Extends Losses, Dollar Rebounds Further
ActionForex.com − EUR/JPY dips to as low as 121.16 in early US session, following broad based weakness in euro. Rebound from 116.47 could have completed at 126.24 already. Intraday bias is mildly on the downside as long as 123.46 minor resistance holds and further downside could be seen to 116.47. Break will bring retest of 113.63 low. On the upside, though, above 126.24 will indicate that further rise is in progress to 131.02 or above to complete the correction that started at 113.63.
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USD/JPY
Usd/Jpy alone by Valeria Bednarik, analyst and foreign manager at MolFX − Management
While Europeans fall against greenback, Japanese Yen stays almost flat against dollar, as the fight is to even there. No clear trend there
GBP/USD
Forex Technical Report − Fundamentals and Technicals Support Rally for British Pounds by ForexHound.com
The commitment to the long side by the GBP USD bulls is a sign that investors are anticipating a loosening in the credit markets.
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
UK PURCHASING MANAGER INDEX MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| Dec 1 | 09:30 | Purchasing Manager Index Manufacturing | - | 41.5 |
Friday Notes - UK PMI: Manufacturing... by HVB Group
Following a small increase in October – which was not totally surprising after the sizeable plunge seen in September − UK manufacturing PMI should resume sliding in November: we expect the headline index to decline to 40.7.
[ Full Story ]Top Market Movers Review
Canada CURRENT ACCOUNT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 28 | 13:30 | Current Account | 5.64B | 5.10B | 6.80B |
Canadian current account surplus narrowed in the third quarter (FXstreet.com)
Canadian current account surplus with the rest of the world has narrowed somewhat in the third quarter of the year weighed by a lower goods surplus and a higher investment income deficit, as Canadian earnings on foreign direct investment were down, according to figures by Statistics Canada.
[ Full Story ]- Read the Current Account data at Statistics Canada
- Canada Morning: C$ Lower As Month−End Buying Supports USD (Dow Jones)
- UPDATE 1−Canada current account narrows in third quarter (Thomson Financial News)
- Canada third−qtr current account surplus narrows (Thomson Financial News)
Weekly Economic Letter - October: turning point for home resale markets in Canada? by National Bank of Canada
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 28 | 13:30 | CA | Current Account (Oct) | 5.64B | 5.10B | 6.80B |
| 13:30 | CA | Industrial Product Price (MoM) (Oct) | 0.0% | -1.1% | -1.2% | |
| 23:00 | AU | Conference Board Australia Leading Index (Sep) | 0.4% | |||
| Dec 1 | 00:30 | AU | Company Gross Operating Profits (QoQ) (3Q) | 14.3% | ||
| 01:30 | JP | Labor Cash Earnings (YoY) (Oct) | 0.1% | |||
| 05:00 | JP | Vehicle Sales (YoY) (Nov) | -13.1% | |||
| 08:30 | CH | SVME − Purchasing Managers' Index (Oct) | 47 | |||