Wednesday, Apr 15, 15:57 GMT
ASIA-PACIFIC Trading Newsletter
To Get Started
- Introducing Active Trader Special live event to present the new FXCM's trading platform. April 16th at 14:00 GMT
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- WEBINAR VIDEOS: Technical Trading Strategist in the short and longer term by Valeria Bednarik
- All the events of the day in our Economic Calendar
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Forex Blogs
Forex Trading Today: EUR/USD and GBP/USD Clip Strength on Stable U.S. Data Points by Tim Salem
Greetings again, Everyone! We are about 5 minutes ahead of the NYSE Open where we have Micro−Dollar Strength "Across the Board" on an IntraDay Basis.
The Advisor Blog: Usd Cad technical points by Valeria Bednarik
FX Path: Reminder: Webinar on Point and Figure Charting in Forex by James Chen
Find other fellow traders to share your comments and market view in the FOREX FORUM
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Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Wed, Apr 15, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
MONTHLY WEBINAR: Part 1− My favorite technical indicators to trade Forex
Expert: Valeria Bednarik
Start: Thu, Apr 16, 13:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Wed, Apr 15, 15:00 GMT | How To Identify And Trade A Wide Range | Steve Misic | WBN |  |
| Wed, Apr 15, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Thu, Apr 16, 13:00 GMT | MONTHLY WEBINAR: Part 1− My favorite technical indicators to trade Forex | Valeria Bednarik | WBN | |
| Thu, Apr 16, 15:30 GMT | MONTHLY WEBINAR: Part 2 − Real time application of my favorite indicators  | Valeria Bednarik | WBN | |
| Fri, Apr 17, 08:00 GMT | Outlook for the major currencies this week | Ian Copsey | WBN | |
Current Session: U.S.
FXstreet − After finding support at 98.15, in the Asian session, the USD/JPY has rising along the European and American session to reach the 99.66, intra−day high. Currently, the pair is trading around 99.40/60 after rising around 0.45% from today's opening price at 99.02.
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USD/JPY
USD/JPY bearish momentum by FXstreet.com Independent Analyst Team
The 20SMA/200SMA Hourly Bearish Cross significantly holds Bearish Momentum in place as any Upside Counter−Trend Correction is likely capped @ the Confluence of 98.82 with RSI Reading of "45" supporting this View.
EUR/USD
EURUSD: Trapped In A Channel With Downside Bias by FXTechstrategy
EUR failed to follow through to the upside on its Monday recovery gains, and its Tuesday downturn in momentum now opens the door for lower prices.
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
EMU INDUSTRIAL PRODUCTION S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Apr 16 | 09:00 | Industrial Production w.d.a. (YoY) | -18.0% | -17.3% |
| Apr 16 | 09:00 | Industrial Production s.a. (MoM) | -2.5% | -3.5% |
EMU economic indicators - EMU industrial production (February): down by BHF−Bank
EMU industrial production is likely to have continued decreasing in February, as the corresponding national figures did. Following its seasonal pattern, the EMU trade balance will probably have improved in February, just like the corresponding German figure.
[ Full Story ]Top Market Movers Review
US INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 15 | 13:15 | Capacity Utilization | 69.3% | 69.7% | 70.3% |
| Apr 15 | 13:15 | Industrial Production (MoM) | -1.5% | -0.9% | -1.5% |
US Mar Industrial Production −1.5%; Consensus −0.9% (Dow Jones)
U.S. industrial production retreated a fifth straight month in March, forced down by a broad−based decline in manufacturing and lower oil and gas well drilling. Industrial production fell 1.5% in March compared to the prior month, the Federal Reserve said Wednesday.
[ Full Story ]- US Industrial Production down 1.5% in Mar, Capacity Utilization at 69.3% (FXstreet.com)
- Table Of Data On US Capacity Utilization (Dow Jones)
- Table Of Data On US Industrial Production (Dow Jones)
US economic indicators - Industrial production (Mar): ongoing marked deterioration by BHF−Bank
US CONSUMER PRICE INDEX
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Apr 15 | 12:30 | Consumer Price Index (YoY) | -0.4% | -0.1% | 0.2% |
| Apr 15 | 12:30 | Consumer Price Index Ex Food & Energy (YoY) | 1.8% | 1.7% | 1.8% |
| Apr 15 | 12:30 | Consumer Price Index (MoM) | -0.1% | 0.1% | 0.4% |
| Apr 15 | 12:30 | Consumer Price Index Ex Food & Energy (MoM) | 0.2% | 0.1% | 0.2% |
DATA SNAP: Annual CPI Goes Negative;But Deflation Risk Remote (Dow Jones)
For the first time in over a half century, the prices U.S. consumers pay for goods and services are lower on average than they were one year ago. Still, government price data for March suggest the risk of sustained, broad−based price declines known as deflation remains fairly remote, since the drops are still mostly centered in energy and energy−related products.
[ Full Story ]- Read the CPI data at Labor Department
- Summary Of U.S. Consumer Price Data From Labor Dept (Dow Jones)
- Table of Data On US Real Earnings From Labor Dept (Dow Jones)
- Forex: EUR/USD falls below 1.3200 (FXstreet.com)
Daily Trading Forecast - Dollar Undecided Ahead of Important U.S. March Data by Swiss e Trade AG
US economic indicators - CPI & PPI (Mar): negative annual rates by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Apr 15 | 13:15 | US | Capacity Utilization (Mar) | 69.3% | 69.7% | 70.3% |
| 14:30 | US | EIA Crude Oil Stocks change | 5.6M | 2.0M | 3.3M | |
| 17:00 | US | NAHB Housing Market Index (Apr) | 10 | 9 | ||
| 18:00 | US | Fed's Beige Book | ||||
| Apr 16 | 01:30 | AU | RBA Foreign Exchange Transaction (Mar) | -1.34B | ||
| 06:00 | JP | Machine Tool Orders (YoY) (Mar) | -84.4% | |||
| 07:15 | CH | Producer and Import Prices (MoM) (Mar) | -0.2% | -0.6% | ||