Thursday, Jul 30, 16:12 GMT
ASIA-PACIFIC Trading Newsletter
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To Get Started
- US GDP Live Coverage: Friday, at 12:00 GMT Live with Nick Nasad from the Homepage and the Calendar
- WEBINAR VIDEOS: Bollinger Bands and RSI with Valeria Bednarik
- Forex Tools renewed! Check out the brand new features: Margin Calculator and Carry Trade Calculator
- All the events of the day in our Economic Calendar
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Forex Blogs
The Advisor Blog: Majors's sentiment for today by Valeria Bednarik
Here is the majors sentiment for today:
Eur/Usd: Slightly Bearish; Gbp/Usd: Bullish
Usd/Chf: Sligthtly Bullish
Usd/Jpy: Neutral
Eur/Gbp: Bearish
FX Bootcamp: GBP/USD: Great trade by Christian Stephens
The disciplined trader: EUR/USD vulnerable to a re−tracement by Pierre Charlebois
Sponsored by 
Live Sessions Schedule
Live Look at Today's Markets
Expert: Derek Frey
Start: Thu, Jul 30, 17:00 GMT
Sponsored by: 
Type of Session: Webinar
Trading Day's Live Wrap Up
Expert: Valeria Bednarik
Start: Thu, Jul 30, 22:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Jul 30, 17:00 GMT | Live Look at Today's Markets | Derek Frey | WBN | |
| Thu, Jul 30, 22:30 GMT | Trading Day's Live Wrap Up | Valeria Bednarik | WBN |  |
| Fri, Jul 31, 09:00 GMT | Trading the Harmonic patterns  | Sunil Mangwani | WBN |  |
| Fri, Jul 31, 11:30 GMT | Watch Live Coverage of the US GDP | Jerry Furst | WBN |  |
| Fri, Jul 31, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: U.S.
USD broke above congestion zone to test resistance at 95.60
FXstreet.com Independent Analyst Team − Break above previous high's congestion zone has send the pair to test strong resistance level at 95.60, from where pair begin a correction that would likely remains above 95.35. As long as support holds, chances remain to the upside as bigger time frames also turned bullish. 96.10 zone, 61.8% retracement of the last weekly fall is first resistance to consider, followed by 96.60 zone, descendant trend line coming form 101.44 highs.
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USD/JPY
Japanese Yen remains under pressure, Gold slides lower by TradeTheNews.com
Japanese yen bulls remain in full retreat with the pair breaking above all three key moving averages. The 20−day SMA is at 94.23, providing decisive support to the greenback longs
Stocks
U.S. Update: Stocks higher, yen down by FXstreet.com Independent Analyst
American indexes reach fresh year highs and remain in positive territory, with S&P around 990 points and DJIA above 9200. Risk appetite get boosted today, Euro seems unable to mount on such optimism.
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 GROSS DOMESTIC PRODUCT ANNUALIZED
| Date (GMT) | Event | Cons. | Previous | |
| Jul 31 | 12:30 | Gross Domestic Purchases Price Index | - | -1% |
| Jul 31 | 12:30 | Gross Domestic Product Annualized | - | -5.5% |
| Jul 31 | 12:30 | Real Personal Consumption Expenditures (QoQ) | - | 1.4% |
Friday Notes - In 2Q, the US economy likely contracted for the fourth consecutive quarter by UniCredit Group
In 2Q, the US economy likely contracted for the fourth consecutive quarter – a series which is unprecedented since the beginning of the quarterly GDP statistics in 1947! We estimate that personal consumption, business fixed investment and residential investment combined shaved more than 31⁄2 pp off growth in 2Q.
[ Full Story ]Top Market Movers Review
US INITIAL JOBLESS CLAIMS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Jul 30 | 12:30 | Continuing Jobless Claims | 6197K | - | 6225K |
| Jul 30 | 12:30 | Initial Jobless Claims | 584K | - | 554K |
US Jobless Claims +25K To 584K In July 25 Week; Survey +34K (Dow Jones)
[ Full Story ]- Read the official data at US Department of Labor
- US Initial Jobless Claims up by 25K to 584K in Jul 25 week (FXstreet.com)
- DJ Table Of US Initial, Continuing Claims (Dow Jones)
Top Fundamental Stories - U.S. Ahead: An Eye on the Jobs' Market by ecPulse.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Jul 30 | 12:30 | US | Continuing Jobless Claims (Jul 18) | 6197K | 6225K | |
| 12:30 | US | Initial Jobless Claims (Jul 25) | 584K | 554K | ||
| 23:01 | UK | Gfk Consumer Confidence | -25 | |||
| 23:15 | JP | Nomura/ JMMA Manufacturing Puchasing Manager Index (Jul) | 48.2 | |||
| Jul 31 | 05:00 | JP | Construction Orders (YoY) (Jun) | -41.9% | ||
| 05:00 | JP | Housing Starts (YoY) (Jun) | -30.7% | -30.8% | ||
| 09:00 | EMU | Consumer Price Index (MoM) (Jul)  | 0.2% | |||