Tuesday, Jul 28, 16:16 GMT
ASIA-PACIFIC Trading Newsletter
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- All the events of the day in our Economic Calendar
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Forex Blogs
The Advisor Blog: Stocks again leading the way by Valeria Bednarik
Stocks continue leading the way, and dollar is gaining some ground across the board, despite stocks are barely 10 points down. Eur/Usd break under 1.4200, and after failing to break the 1.4300 zone, pair has accelerated to the downside.
Forex Hedge: Second Financial Economic Crash Coming - Huge & Soon by Ron Schelling
FX Bootcamp: Forex Video - London Session July 28th, 2009 by Christian Stephens
The Advisor Blog: Majors’s sentiment for today by Valeria Bednarik
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Live Sessions Schedule
Multiple time−frames
Expert: Lea Peters
Start: Tue, Jul 28, 19:00 GMT
Type of Session: Webinar
Trading Day's Live Wrap Up
Expert: Valeria Bednarik
Start: Tue, Jul 28, 22:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Jul 28, 16:00 GMT | Drilling down, Support and Resistance | Triffany Hammond | WBN |  |
| Tue, Jul 28, 17:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Tue, Jul 28, 19:00 GMT | Multiple time−frames | Lea Peters | WBN | |
| Tue, Jul 28, 22:30 GMT | Trading Day's Live Wrap Up | Valeria Bednarik | WBN | |
| Wed, Jul 29, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
Current Session: U.S.
EUR/USD: Indicators are giving downside continuations signals
FXstreet.com Independent Analyst Team − After failing to break the 1.4300 zone, pair has accelerated to the downside, testing now the 1.4200 zone. Bearish in the hourly pair has an intermediate support at 1.4180 while stronger at 1.4160 zone. Indicators are giving downside continuations signals and bigger time frames support further falls for the rest of the day.
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GBP/USD
GBP/USD slumps to test 1.6390 on risk aversion by FXstreet.com
Cable is falling at strong pace the last hours on risk aversion on bad US confidence consumer. GBP/USD has fallen 115 pips during the American session from 1.6505 to test 1.6390 support.
AUD/USD
AUD/USD: Australian Dollar tests fresh 10−month highs by TradeTheNews.com
The Australian dollar continued to head higher after breaking above resistance at 0.8264, May monthly pivot high, and briefly testing a fresh 10−month high above the 0.8300 handle.
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 DURABLE GOODS ORDERS
| Date (GMT) | Event | Cons. | Previous | |
| Jul 29 | 12:30 | Durable Goods Orders | -1.7% | 1.8% |
| Jul 29 | 12:30 | Durable Goods Orders ex Transportation | - | 1.1% |
US economic indicators - Durable goods orders will probably have declined by 1.0% mom in June by BHF−Bank
Durable goods orders will probably have declined by 1.0% mom in June, mainly due to the transportation sector. ISM new orders index dipped below 50, durable goods production declined by 0.7 %, and car sales fell.
[ Full Story ]Top Market Movers Review
US CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 28 | 14:00 | Consumer Confidence | 46.6 | - | 49.3 |
US Consumer Confidence declines to 46.6 in Jul from 49.3 in Jun (FXstreet.com)
[ Full Story ]- Consumer Confidence Survey at The Conference Board
- U.S. Consumer confidence deteriorates in July; Euro and Pound drop lower (FXstreet.com)
- US Conference Bd July Consumer Confidence 46.6 Vs June 49.3 (Dow Jones)
US economic indicators - Consumer confidence (July): Broadly unchanged by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 28 | 14:00 | US | Consumer Confidence (Jul) | 46.6 | 49.3 | |
| 14:00 | US | Richmond Fed Manufacturing Index (Jul) | 14 | 6 | ||
| 21:00 | US | ABC/Washington Post Consumer Confidence (Jul 26) | -51 | |||
| 22:00 | US | Fed's Bernanke Speech | ||||
| 22:45 | NZ | Building Permits (MoM) (Jun) | 3.5% | |||
| 23:50 | JP | Large Retailer's Sales (Jun) | -6.5% | |||
| 23:50 | JP | Retail Trade (YoY) (Jun) | -2.8% | |||