Tuesday, Aug 18, 17:18 GMT
ASIA-PACIFIC Trading Newsletter
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To Get Started
- WEBINAR VIDEOS: Trading Break Out's And Other Market Views with Phil Newton
- Learning Center: New Chapter: Japanese Candlesticks - Check it out!
- All the events of the day in our Economic Calendar
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Forex Blogs
The Advisor Blog: Stocks recover: dollar and yen lower by Valeria Bednarik
Stocks in the U.S. keep gaining after a two−day sell off, with DJIA 0.85% and S&P 1.0% up testing key 990 area, supporting some risk appetite across the board. Sentiment turns constantly, even intraday, sending currencies up and down strongly among the different sessions.
FX Market Readings: Euro and GBP are expected to gain more by Dr. S. Sivaraman
FX Path: USD/CHF - Triangle within Trading Range by James Chen
CEO's Blog: Open Letter to FX Pulp top executive UPDATE… NO links found between the firm and Crown Forex S.A by Francesc Riverola
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Live Sessions Schedule
Risk management and position sizing in relation to a time−frame traded
Expert: Lea Peters
Start: Tue, Aug 18, 19:00 GMT
Type of Session: Webinar
Trading Day's Live Wrap Up
Expert: Valeria Bednarik
Start: Tue, Aug 18, 22:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Aug 18, 17:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Tue, Aug 18, 19:00 GMT | Risk management and position sizing in relation to a time−frame traded | Lea Peters | WBN |  |
| Tue, Aug 18, 22:30 GMT | Trading Day's Live Wrap Up | Valeria Bednarik | WBN | |
| Wed, Aug 19, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
| Wed, Aug 19, 09:00 GMT | FX Instructor Live Trading Room | Mark De La Paz | WBN |  |
Current Session: U.S.
EUR/USD Fights to Stay Above 1.40 and 7/29 Lows
FastBrokersFX − the EUR/USD has managed to avoid a retest of its highly psychological 1.40 level as sell−side volume remains on the tame side. The currency pair is balanced on our 1st tier uptrend line as it approaches an inflection point with our 1st tier downtrend line. Our 1st tier uptrend line carries some weight since it connects through July lows. Hence, a collapse of our 1st tier uptrend line could signal a retreat towards 1.40 and 7/29 lows.
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USD/CHF
Chart of the Day – USD/CHF by FX Solutions
Within the context of a prolonged horizontal trading range on USD/CHF, a daily chart of which is shown, price has formed a small triangle consolidation.
CURRENCIES
U.S. Update: Risk flip flaps by Valeria Bednarik
GBP/USD regained the 1.6520 level, comfortably addressing to 1.6550 key zone. EUR/USD struggles to hold above 1.4100, while USD/JPY hovers around 94.75 area.
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 CURRENT ACCOUNT S.A
| Date (GMT) | Event | Cons. | Previous | |
| Aug 19 | 08:00 | Current Account s.a | -€1.7B | -€1.2B |
| Aug 19 | 08:00 | Current Account n.s.a | - | -€13B |
EMU economic indicators - Current account is expected to improve by BHF−Bank
Following their usual seasonal pattern, the EMU trade balance and current account are expected to have improved in June, just like the corresponding German figures.
[ Full Story ]Top Market Movers Review
US HOUSING STARTS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Aug 18 | 12:30 | Housing Starts (YoY) | 0.58M | 0.60M | 0.59M |
| Aug 18 | 12:30 | Building Permits (MoM) | 0.56M | 0.58M | 0.57M |
DATA SNAP: US July Housing Starts Fall 1.0% (Dow Jones)
[ Full Story ]- Read the Housing Starts data at Census Bureau
- US ECONOMIC INDICATORS: Housing Data, Latest 6 Months (Dow Jones)
- US Housing Starts/Building −2− (Dow Jones)
- US Housing Starts/Building Permits−STATS−Historical (Dow Jones)
Top Fundamental Stories - PPI and Housing Data Dominate Ahead of the U.S. Session… by ecPulse.com
The Week Ahead - Housing Starts, PPI, LEI and Existing Home Sales by BBVA Bancomer
US: Housing Starts Slide but Single−Family Held on to Gains by Wells Fargo Investments, LLC
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Aug 18 | 12:30 | US | Producer Price Index (MoM) (Jul) | -0.9% | -0.2% | 1.8% |
| 12:30 | US | Producer Price Index ex Food & Energy (YoY) (Jul) | 2.6% | 2.8% | 3.3% | |
| 21:00 | US | ABC/Washington Post Consumer Confidence (Aug 16) | -47 | |||
| 22:45 | NZ | Producer Price Index − Input (QoQ) (2Q) | -1.0% | -2.5% | ||
| 22:45 | NZ | Producer Price Index − Output (QoQ) (2Q) | -0.5% | -1.4% | ||
| Aug 19 | 01:00 | AU | Westpac Leading Index (MoM) (Jun) | -0.2% | ||
| 04:30 | JP | All Industry Activity Index (MoM) | 0.4% | 0.7% | ||