Monday, Jan 19, 17:32 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- WEBINAR VIDEO: The World of Forex Breakout Trading by James Chen
- All the events of the day in our Economic Calendar
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Forex Blogs
The Advisor Weblog: Usd/Chf probable inverted head and shoulders figure by Valeria Bednarik
Maybe not the best shape in this daily figure, however, there it is: the pair has an inverted head and shoulder with a slightly bullish inclination that favour the upside continuation if the neck zone is broken...
Forex Trading Today: Swissy Hits the Ski Trail With a Breakout...
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Live Sessions Schedule
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, Jan 20, 15:00 GMT
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Jan 20, 16:00 GMT
Type of Session: Webinar
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| Mon, Jan 19, 17:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Tue, Jan 20, 12:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Jan 20, 13:30 GMT | Convergence & Divergence | Adam Rosen | WBN |  |
| Tue, Jan 20, 15:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN | |
| Tue, Jan 20, 16:00 GMT | Trading with Autochartist | Raghee Horner | WBN | |
Current Session: U.S.
(ActionForex.com) − GBP/USD's sharp fall today is consistent with the view that recovery from 1.4469 has completed at 1.4980 already. Break of 1.4669 will bring fall to 1.4350 low first. As discussed before, we're still favoring the case that consolidation from 1.4557 has either completed at 1.5722 or 1.5372. Break of 1.4350 low will confirm that medium term down trend has resumed. However, above 1.4980 will argue that more sideway trading could be seen in mentioned range of 1.4350/5722 before resuming medium term down trend.
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Daily Currency Market Focus − Euro Tanks as Spain Gets Downgraded by GFT (Global Forex Trading)
After hitting an intraday high above 1.33, the EUR/USD has sold off aggressively on news that Standard and Poors downgraded the sovereign debt rating of Spain from AAA to AA+.
Technical Analysis: Currencies − AUD by Mizuho Corporate Bank
From a 2008 peak at $0.9850 to a low at $0.6000, retracing 75% of the rally started in 2001, in just 14 weeks is no mean feat; this is what desperate ‘de−leveraging' looks like.
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 CONSUMER PRICE INDEX
| Date (GMT) | Event | Cons. | Previous | |
| Jan 20 | 09:30 | Consumer Price Index (MoM) | -0.9% | -0.1% |
| Jan 20 | 09:30 | Consumer Price Index (YoY) | 2.6% | 4.1% |
PREVIEW−UK Dec CPI seen slowing at sharpest pace since 1992 (Thomson Financial News)
Heavy pre−Christmas discounting and a cut in value−added tax are expected to have caused the sharpest fall in British consumer price inflation since the last recession when December data is released on Tuesday.
[ Full Story ]Top Market Movers Review
Canada CANADIAN INVESTMENT IN FOREIGN SECURITIES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 19 | 13:30 | Foreign investment in Canadian securities | -$4.298B | - | $2.847B |
| Jan 19 | 13:30 | Canadian Investment in Foreign Securities | $2.613B | - | $12.306B |
Foreigners divest Canadian securities in November (Thomson Financial News)
Foreigners shed Canadian securities in November, cutting bonds and stocks in favor of short−term money market instruments for a net sale of C$4.30 billion ($3.4 billion), Statistics Canada said on Monday.
[ Full Story ]- Canada's international transactions in securities at Statistics Canada
- FXNEWS−Foreigners divest Canadian securities in November (Thomson Financial News)
- Foreigners sold $4.3billion of Canadian Securities in November (FXstreet.com)
- UPDATE 1−Foreigners sell Canadian securities in November (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 19 | 00:00 | US | Markets Closed for Bank Holiday | |||
| 13:30 | CA | Foreign investment in Canadian securities (Nov) | $-4.298B | $2.847B | ||
| 21:45 | NZ | Consumer Price Index (QoQ) (4Q) | -0.4% | 1.5% | ||
| 21:45 | NZ | Food Price Index (MoM) (Dec) | 0.8% | |||
| 23:50 | JP | Tertiary Industry Index (MoM) (Nov) | -0.8% | 0.4% | ||
| Jan 20 | 04:00 | JP | Tokyo Condominium Sales (YoY) (Dec) | -14.9% | ||
| 05:00 | JP | Consumer Confidence (Dec) | 27.5 | 28.7 | ||