Monday, Mar 30, 16:05 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- WEBINAR VIDEOS: Fibonacci - From Novice to Advanced Techniques by Adam Rosen
- All the events of the day in our Economic Calendar
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Forex Blogs
FX Path: GBP/USD − Targeting 1.4000 by James Chen
Monday morning price action on GBP/USD, a daily chart of which is shown, has extended its bearishness of last week, and currently appears to be targeting key support in the 1.4000 region.
The Advisor Blog: Usd/Jpy for today by Valeria Bednarik
Trading for a Living: Markets sideways.. don’t overtrade by David Aranzabal
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Live Sessions Schedule
The Weather Report: Ichimoku Cloud Trading
Expert: Chris Capre
Start: Tue, Mar 31, 14:00 GMT
Type of Session: Webinar
Trading with Autochartist
Expert: Raghee Horner
Start: Tue, Mar 31, 15:00 GMT
Type of Session: Webinar
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| Mon, Mar 30, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
| Tue, Mar 31, 11:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Tue, Mar 31, 12:00 GMT | US Pre−Market Open | Ed Ponsi | WBN |  |
| Tue, Mar 31, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
| Tue, Mar 31, 14:00 GMT | The Weather Report: Ichimoku Cloud Trading | Chris Capre | WBN | |
Current Session: U.S.
U.S. Update: Back to dollar by FXstreet.com Independent Analyst Team
FXstreet.com − Since Sunday Asian opening dollar keeps pushing higher against most rivals but Japanese Yen. Asian stocks print mayor losses while Europe remains read. Stocks in the U.S., tumbled this morning as worries about the auto industry and banking system gave investors a reason to keep retreating after the recent rally, while Treasuries keep gaining along with greenback, on U.S. aid buying plan.
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GBP/USD
GBP/USD: Some bullish corrections by FXstreet.com
A 4 hours ascendant trend line coming from 1.3653, past March 11st low, has halted the downside at the moment. Momentum and RSI seem exhausted in the hourly, but 1.4210 has capped the downside. Confirmation above that zone could trigger some bullish corrections in the pair. 20 SMA should also act as resistance due to bearish inclination.
USD/JPY
USD/JPY is testing the 97.00 level by FXstreet.com
After founding support at 9596 in the early European session, the USD/JPY has risen to test the 97.00 level several times in the last hours. Currently, the pair is trading around 96.85/95.
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 UNEMPLOYMENT CHANGE
| Date (GMT) | Event | Cons. | Previous | |
| Mar 31 | 07:55 | Unemployment Change | 53K | 40K |
EMU economic indicators - German adjusted unemployment (March): sharp rise by BHF−Bank
In general, German unadjusted unemployment declines noticeably after the winter months, but this March, due to the recession and unusually cold temperatures having a dampening effect on outdoor jobs, we only expect a slight decrease. Thus adjusted unemployment could have risen by about 50,000 in March.
[ Full Story ]Top Market Movers Review
EMU ECONOMIC CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 30 | 09:00 | Consumer Confidence | -34 | -33 | -33 |
| Mar 30 | 09:00 | Economic Confidence | 64.6 | 65.8 | 65.4 |
| Mar 30 | 09:00 | Industrial Confidence | -38 | -35 | -36 |
DATA SNAP: Euro−Zone Confidence Hits Fresh Record Low In Mar (Dow Jones)
Business and consumer confidence in the 16 countries that use the euro weakened further to reach a record low in March as new orders continued to dry up and concerns about job losses mounted.
[ Full Story ]- EU Economic Confidence falls to 64.6 in Mar from 65.4 (FXstreet.com)
Trading News Report - EUR/USD: Trading the Euro−Zone Economic Confidence Report by FXCM
Friday Notes - EMU, Economic Confidence: The worst is behind us by UniCredit Group
UK MORTGAGE APPROVALS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Mar 30 | 08:30 | Mortgage Approvals | 38K | 34K | 32K |
DATA SNAP: UK Feb Mtge Approvals Highest Since May 2008 (Dow Jones)
U.K. mortgage approvals rose to their highest level in nine months in February in the first significant sign of improvement in the housing market, even as net consumer credit sank to a record low, data from the Bank of England released Monday showed.
[ Full Story ]Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Mar 30 | 09:00 | EMU | Industrial Confidence (Mar) | -38 | -35 | -36 |
| 14:30 | EMU | ECB Trichet's Speech | ||||
| 23:01 | UK | Gfk Consumer Confidence (Mar) | -35 | -35 | ||
| 23:15 | JP | Nomura/ JMMA Manufacturing Puchasing Manager Index (Mar) | 31.6 | |||
| 23:30 | JP | Jobless Rate (Feb) | 4.3% | 4.1% | ||
| 23:30 | JP | Overall Household Spending (YoY) (Feb) | -4.6% | -5.9% | ||
| Mar 31 | 00:00 | AU | Private Sector Credit (MoM) (Feb) | 0.5% | 0.6% | |