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ASIA-PACIFIC Trading Newsletter
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- Don't miss the Non-farm Payrolls Live Coverage Special 40th edition. With Wayne McDonell. Amazing prizes awaiting for you!
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- Forex Trading Workshop - London – 20th & 21st September 2009, conducted by Fibonacci expert Sunil Mangwani
- All the events of the day in our Economic Calendar
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Forex Blogs
Welcome to Tech Trading! by César B. Leiceaga
Hello everyone and welcome to my blog! I'm a full time trader that mainly concentrates on technical analysis to trade Foreign Exchange Markets. My method is simple, I use the Relative Strength Indicator (RSI), simple moving averages, Fibonacci and basic technical analysis patterns.
FX Market Readings: US session moves and indications by Dr. S. Sivaraman
The Day Job Trader: GBP/USD Testing Support… by Ryan O'Keefe
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Live Sessions Schedule
Recognizing and trading trend reversals, trend resumption and divergences
Expert: Lea Peters
Start: Tue, Sep 1, 19:00 GMT
Type of Session: Webinar
Trading Day's Live Wrap Up
Expert: Valeria Bednarik
Start: Tue, Sep 1, 22:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Sep 1, 16:00 GMT | Drilling down, Support and Resistance | Triffany Hammond | WBN |  |
| Tue, Sep 1, 17:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Tue, Sep 1, 19:00 GMT | Recognizing and trading trend reversals, trend resumption and divergences | Lea Peters | WBN | |
| Tue, Sep 1, 22:30 GMT | Trading Day's Live Wrap Up | Valeria Bednarik | WBN | |
| Wed, Sep 2, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
Current Session: U.S.
Cable has fallen during the day and is likely to fall further towards 1.6160
Kshitij Consultancy Service − Cable has fallen during the day and is likely to fall further towards 1.6160. There should be buyers awaiting such a dip. Till the Support near 1.6160−30, we could expect it to be ranged betwee 1.6150−1.6450 till the range holds. However a break below, which is not anticipated could take the pair down to 1.60.
GBP/USD
Sterling continues to slide lower by TradeTheNews.com
The British Pound remained under pressure as pair continued to test support at 1.6246, a 23.6 Fib of the 1.3656−1.7062 Sterling rally. A further move to...
USD/JPY
US GDP remains unrevised, Yen Strong by Easy Forex Team
The Japanese Yen was extremely strong as multiple fresh china stock falls helped the pair to ease towards 93 Yen. Initial support is located at 93.10 (July 22 low) followed by 92.72 (July 14 low).
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 GROSS DOMESTIC PRODUCT S.A.
| Date (GMT) | Event | Cons. | Previous | |
| Sep 2 | 09:00 | Gross Domestic Product s.a. (YoY) | -4.7% | -4.9% |
| Sep 2 | 09:00 | Gross Domestic Product s.a. (QoQ) | -0.1% | -2.5% |
EMU economic indicators - GDP: Unlikely to be revised by BHF−Bank
The Purchasing Managers' Indices for the German and EMU manufacturing sector in August are unlikely to be revised significantly. The same goes for EMU GDP in Q2.
[ Full Story ]Top Market Movers Review
US ISM MANUFACTURING
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 1 | 14:00 | ISM Manufacturing | 52.9 | 50.5 | 48.9 |
DATA SNAP:US Factory Output Ends Long Slide, Turns Positive In Aug (Dow Jones)
[ Full Story ]- Read full Survey at the ISM
- UPDATE: US Factories See First Output Gain Since January 2008 (Dow Jones)
- Dollar steady after U.S. ISM and Pending Home Sales data (FXstreet.com)
- US Aug ISM Manufacturing rises to 52.9 from 48.9 (FXstreet.com)
Fundamental Currencies Comments - ISM manufacturing & pending home sales boost the dollar by ecPulse.com
Monitor - US: ISM preview, August by Danske Bank A/S
US economic indicators - ISM indices (Aug): manufacturing index is the first to reach expansion threshold by BHF−Bank
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 1 | 14:00 | US | Construction Spending (MoM) (Jul) | -0.2% | -0.1% | 0.1% |
| 14:00 | US | ISM Manufacturing (Aug) | 52.9 | 50.5 | 48.9 | |
| 21:00 | US | ABC/Washington Post Consumer Confidence (Aug 30) | -45 | |||
| 23:50 | JP | Monetary Base (YoY) (Jul) | 6.8% | 6.4% | ||
| Sep 2 | 01:30 | AU | Gross Domestic Product (QoQ) | 0.6% | 0.4% | |
| 01:30 | AU | Gross Domestic Product (YoY) | 0.7% | 0.4% | ||
| n/a | UK | Halifax House Prices (MoM) | 0.5% | 1.1% | ||