Thursday, Apr 02, 16:33 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
The Advisor Blog: Technicals after the ECB by Valeria Bednarik
Pair has quickly run up after the ECB suppressive cut of just 0.25%, and rebound exactly in a descendant trend line around 1.3495. With indicators over bought in the hourly, and volume decreasing after the spike, correction could extend to the downside under 1.3380, first support for today.
FX Path: EUR/USD - Uptrend Support Bounce by James Chen
Trading for a Living: ECB meeting already finished by David Aranzabal
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Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Thu, Apr 2, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 35th Edition
Expert: Wayne McDonell
Start: Fri, Apr 3, 11:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Apr 2, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Fri, Apr 3, 11:30 GMT | SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 35th Edition | Wayne McDonell | WBN | |
| Mon, Apr 6, 09:00 GMT | Using Fibonacci ratios to manage your trades efficiently | Sunil Mangwani | WBN |  |
| Mon, Apr 6, 15:00 GMT | Advanced Methods for Finding Dominant Trends in Forex Markets  | Mark Whistler | WBN |  |
| Mon, Apr 6, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
Current Session: U.S.
G−20 Leaders agree to tight financial regulations and duplicate IMF funds
FXstreet.com − G−20 leaders have agreed to make a tighter regulation of banking system, hedge funds and Tax havens in order to beat the world financial crisis. In a first draft, G−20 has agreed to increase IMF funds in 500 billions and to create a new agency to regulate world economy. The greenback are rising against the Yen.
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USD/JPY
Chart of the Day − USD/JPY by FX Solutions
After bouncing up off the key 96.00 support/resistance level early this week, price action on USD/JPY, a daily chart of which is shown, has reached all the way up to just a few pips shy of the targeted 100.00 level.
GBP/USD
GBP/USD: Bullish rally is finally giving up some ground after reaching 1.4715 by FXstreet.com Independent Analyst Team
Bullish rally is finally giving up some ground after reaching 1.4715 yet halted just above the 23.6% of last hourly rally. With indicators also over bought, expect further correction under that level.
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
US NONFARM PAYROLLS
| Date (GMT) | Event | Cons. | Previous | |
| Apr 3 | 12:30 | Nonfarm Payrolls | -658K | -651K |
| Apr 3 | 12:30 | Unemployment Rate | 8.4% | 8.1% |
US: Preview of March Unemployment by Easy Forex
Friday the Bureau of Labor Statistics (BLS) will release the US March employment report. Based on the ADP employment report released Wednesday, the US labor market worsened in March. ADP reported that 742K jobs were shed by US employers in March.
[ Full Story ]Top Market Movers Review
US FACTORY ORDERS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 2 | 14:00 | Factory Orders | 1.8% | -1.3% | -3.5% |
DATA SNAP: US Feb Factory Orders Up Less Than Expected (Dow Jones)
U.S. factory orders rose in February after six consecutive declines, but a sign of future demand tumbled, indicating manufacturing's troubles aren't over. Orders for manufactured goods increased 1.8%, following a downwardly revised 3.5% drop in January, the Commerce Department said Thursday.
[ Full Story ]- Read the Factory Orders data at Census Bureau
- US Factory Orders−STATS−Historical, Shpmts, Unfill, Invty (Dow Jones)
- US Factory Orders−STATS−Historical, Shpmts, −2− (Dow Jones)
- US Factory Orders−STATS−Historical, New Orders (Dow Jones)
US economic indicators - Factory orders could have improved somewhat by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 2 | 00:00 | G20 Meeting | ||||
| 14:00 | US | Factory Orders (Feb) | 1.8% | -1.3% | -3.5% |
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| Apr 3 | 06:00 | DE | Import Price Index (MoM) | -0.3% | -0.5% | |
| 07:15 | CH | Consumer Price Index (MoM) (Mar) | 0.0% | 0.2% | ||
| 07:15 | CH | Consumer Price Index (YoY) (Mar) | -0.1% | 0.2% | ||
| 07:55 | DE | Purchasing Manager Index Services (Mar) | 41.7 | 41.7 | ||
| 08:00 | EMU | Purchasing Manager Index Services (Mar) | 40.1 | 39.2 | ||