Tuesday, Jan 27, 16:29 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- WEBINAR VIDEO: Economic and Technical View of the Currency Market by Rob Booker
- All the events of the day in our Economic Calendar
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Forex Blogs
FX Path: EUR/USD − Rejected Near Resistance by James Chen
After tentatively breaking above short−term downtrend resistance, price action as of early Tuesday morning rose up to hit and slightly exceed significant further resistance in the 1.3300 region before essentially being rejected by that price level.
The Advisor Blog: Usd/Jpy intraday perspective by Valeria Bednarik
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Live Sessions Schedule
FX Instructor Live Trading Room
Expert: Mark De La Paz
Start: Wed, Jan 28, 10:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading Break Out's And Other Market Views
Expert: Phil Newton
Start: Wed, Jan 28, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Jan 27, 16:00 GMT | Trading with Autochartist | Raghee Horner | WBN |  |
| Tue, Jan 27, 17:00 GMT | The Future of the Pound | Joseph Trevisani | WBN | |
| Tue, Jan 27, 18:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Wed, Jan 28, 10:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN | |
| Wed, Jan 28, 11:00 GMT | Trading Break Out's And Other Market Views | Phil Newton | WBN | |
Current Session: U.S.
EURUSD: Trades Above Its Declining Channel Top
FXTechstrategy − A hammer follow through saw the pair breaking back above its Jan 15'09 low at 1.3026 and its Nov 25'08 high at 1.3081 on Monday to close higher at 1.3186.EURUSD was seen cutting through its declining daily channel in early morning trading today with hold on those gains opening up upside risk towards the 1.3298/1.3313 zone, its Jan 06'09 low/Oct 30'08 high.
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Currency Majors Technical Analysis − GBP USD is in a consolidation after the last bullish movement by Mataf.net
1,4091. GBP USD is in a consolidation after the last bullish movement. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration.
Technical Analysis: Currencies − CAD by Mizuho Corporate Bank
Over the last three months it has displayed what can only be described as unusual and alarming price swings, almost double the size of anything seen in the last twenty−five years.
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
Germany GFK CONSUMER CONFIDENCE SURVEY
| Date (GMT) | Event | Cons. | Previous | |
| Jan 28 | 07:00 | Gfk Consumer Confidence Survey | 1.9 | 2.1 |
EMU economic indicators - German Confidence, likely to have declined by BHF−Bank
For similar reasons, the French and Italian consumer confidence and the Italian business confidence are likely to have declined in January. The German GfK consumer confidence for February is likely to have done so too.
[ Full Story ]Top Market Movers Review
US CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 27 | 15:00 | Consumer Confidence | 37.7 | 37.9 | 38.6 |
US Conference Bd Consumer Confidence Hits Historic Low In Jan (Dow Jones)
U.S. consumer confidence levels again plumbed the depths in January, as households fretted over the current and future state of the economy. The Conference Board reported Tuesday that its January consumer confidence index fell to a historic low for the survey.
[ Full Story ]- Read the Consumer Confidence data at the Conference Board
- Euro Declines Vs Dlr On Flight To Safety After Consumer Data (Dow Jones)
- INSTANT VIEW 2−US consumer confidence at record low (Thomson Financial News)
- INSTANT VIEW 1−US consumer confidence at record low (Thomson Financial News)
US economic indicators - Consumer confidence indicators (January): still at very low levels by BHF−Bank
US S&P/CASE−SHILLER HOME PRICE INDICES
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jan 27 | 14:00 | S&P/Case−Shiller Home Price Indices | -18.2% | -18.0% | -18.0% |
US S&P/Case−Shiller Housing Prices Index continues dropping fast in November (FXstreet.com)
House prices continued its fast depreciation in November, according to the Standard & Poor's Case−Shiller House Prices Index. Average home prices in the 20 major city areas in the United States have declined 2.2% from October to Novembe.
[ Full Story ]- Read the Home Price Indices data at S&P/Case−Shiller
- UPDATE 1−US home prices plunge record 18.2 pct in November (Thomson Financial News)
- INSTANT VIEW 5−US single−family home prices plunge in Nov (Thomson Financial News)
- INSTANT VIEW 4−US single−family home prices plunge in Nov (Thomson Financial News)
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jan 27 | 15:00 | US | Consumer Confidence (Jan) | 37.7 | 37.9 | 38.6 |
| 15:00 | US | Richmond Fed Manufacturing Index (Jan) | -49 | -49 | -55 | |
| 21:00 | US | ABC/Washington Post Consumer Confidence (Jan 25) | -53 | |||
| 23:30 | AU | Westpac Leading Index (MoM) (Dec) | -0.1% | |||
| Jan 28 | 00:30 | AU | Consumer Price Index (QoQ) (4Q) | -0.4% | 1.2% | |
| 00:30 | AU | Consumer Price Index (YoY) (4Q) | 5% | |||
| 07:00 | DE | Consumer Price Index (MoM) (Dec)  | -0.2% | 0.3% | ||