Tuesday, Sep 29, 16:00 GMT
ASIA-PACIFIC Trading Newsletter
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- WEBINAR VIDEOS: FX Market Pulse by Raghee Horner
- All the events of the day in our Economic Calendar
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Forex Blogs
Tech Trading: EUR/GBP Testing bullish trendline by César B. Leiceaga
My expectations on eur/gbp have been accomplished and now a bounce from here (0,9080−0,9100) is probable. Bullish trendline and support overlap with 200SMA and RSI under oversold conditions on 1 hour chart.
FX Market Readings: Slide and drop for a day by Dr. S. Sivaraman
Francesc's Weblog: Correfoc for Kids in La Mercè Festival by Francesc Riverola
Sponsored by 
Live Sessions Schedule
Bollinger Bands and Fibonacci
Expert: Lea Peters
Start: Tue, Sep 29, 19:00 GMT
Type of Session: Webinar
Trading Day's Live Wrap Up
Expert: Valeria Bednarik
Start: Tue, Sep 29, 22:30 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Tue, Sep 29, 16:00 GMT | Drilling down, Support and Resistance | Triffany Hammond | WBN |  |
| Tue, Sep 29, 17:00 GMT | Live Look at Today's Markets  | Derek Frey | WBN |  |
| Tue, Sep 29, 19:00 GMT | Bollinger Bands and Fibonacci | Lea Peters | WBN | |
| Tue, Sep 29, 22:30 GMT | Trading Day's Live Wrap Up | Valeria Bednarik | WBN | |
| Wed, Sep 30, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
Current Session: U.S.
Gold return to lead; dollar holds
FXstreet.com Independent Analyst Team − Doubts among investors extend, and the sentiment is quite good reflected in the currency markets. On one hand, we have the dollar strong bearish rally seen the past couple of weeks giving up, as traders found it may have been an overreaction; greenback seems ready for further gains in the midterm and close to confirm such movements, against a number of majors.
GBP/USD
Corrective rally till now, capped under 1.5985 area by FXstreet.com Independent Analyst
Pair regained the upside, mostly a corrective movement till now, capped under 1.5985 area. Hourly indicators seem a bit exhausted at this point, while bigger tome frames remain slightly bullish.
AUD/USD
The Resistance region 0.8750−75 held and Aussie fell during the day by Kshitij Consultancy Service
The Resistance region 0.8750−75 held and Aussie fell during the day. However it has risen now slightly from the low of 0.8710.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : FXstreet.com, Financial Trend Analysis
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
EUR USD, Hourly
Top Market Movers Preview
US ADP EMPLOYMENT CHANGE
| Date (GMT) | Event | Cons. | Previous | |
| Sep 30 | 12:15 | ADP Employment Change | -194K | -298K |
US ISM MANUFACTURING
| Date (GMT) | Event | Cons. | Previous | |
| Oct 1 | 14:00 | ISM Manufacturing | 53.9 | 52.9 |
Weekly Focus - US ISM and employment data is the main event next week by Danske Bank A/S
US NONFARM PAYROLLS
| Date (GMT) | Event | Cons. | Previous | |
| Oct 2 | 12:30 | Nonfarm Payrolls | -188K | -216K |
Friday Notes - Monthly employment report: Still not out of the woods by UniCredit Group
As the recession ended and production keeps rising, the number of job losses has declined appreciably. The ongoing downward trend in initial jobless claims corroborates that, in particular, the pace of layoffs is slowing down.
[ Full Story ]Weekly Focus - US ISM and employment data is the main event next week by Danske Bank A/S
Top Market Movers Review
US CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 29 | 14:00 | Consumer Confidence | 53.1 | 57.0 | 54.5 |
- Dollar and Yen rise as U.S. Consumer Confidence disappoints (FXstreet.com)
- US Sep Consumer Confidence declines to 53.1 from 54.5 (FXstreet.com)
- Conf Bd: Sep US Consumer Confidence Index Down To 53.1 Vs 54.5 In Aug (Dow Jones)
Fundamental Currencies Comments - The Greenback Strengthens Ahead of Important U.S. Data by ecPulse.com
Top Fundamental Stories - Confidence did not run off the world's largest economy… by ecPulse.com
EMU CONSUMER CONFIDENCE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 29 | 09:00 | Consumer Confidence | -19 | -21 | -22 |
| Sep 29 | 09:00 | Industrial Confidence | -24 | -24 | -25 |
| Sep 29 | 09:00 | Economic Confidence | 82.8 | 82.5 | 80.6 |
UPDATE: Euro−Zone Sept Confidence Pickup Suggests 3Q Growth (Dow Jones)
[ Full Story ]- Read the Confidence data at the European Comission
- Eurozone consumer confidence improvement fails to cheer the Euro (FXstreet.com)
- Euro Zone Sep Industrial Confidence up to −24 from −25 (FXstreet.com)
- Euro Zone Economic Confidence rises to 82.8 in Sep from 80.6 (FXstreet.com)
Top Fundamental Stories - GDP in the U.K. to improve slightly, While Confidence is Expected to Show Further Progress in the Euro Zone by ecPulse.com
EMU economic indicators - EMU industrial confidence and economic sentiment (September): up by BHF−Bank
Friday Notes - EMU, Economic Confidence: Getting close to the expansionary threshold by UniCredit Group
UK GROSS DOMESTIC PRODUCT
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Sep 29 | 08:30 | Gross Domestic Product (YoY) | -5.5% | -5.4% | -5.6% |
| Sep 29 | 08:30 | Gross Domestic Product (QoQ) | -0.6% | -0.6% | -2.4% |
- UPDATE: UK 2Q GDP Revised Up, Record Annual Fall Stands (Dow Jones)
- Pound remains weak after UK data (FXstreet.com)
- DATA SNAP: UK 2Q GDP Revised Up, Record Annual Fall Stands (Dow Jones)
UK Final GDP Unlikely To Be Sterling's Salvation by ACM − Advanced Currency Markets
Top Fundamental Stories - GDP in the U.K. to improve slightly, While Confidence is Expected to Show Further Progress in the Euro Zone by ecPulse.com
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Sep 29 | 13:00 | US | S&P/Case−Shiller Home Price Indices (Jul) | -13.3% | -14.3% | -15.4% |
| 14:00 | US | Consumer Confidence (Sep) | 53.1 | 57.0 | 54.5 |
|
| 20:30 | US | API Crude Oil Inventories (Sep 25) | 276K | |||
| 21:00 | US | ABC/Washington Post Consumer Confidence (Sep 27) | -46 | |||
| 23:00 | US | Philadelphia Fed's Plosser speech | ||||
| 23:01 | UK | Gfk Consumer Confidence (Sep) | -24 | -25 | ||
| 23:15 | JP | Nomura/ JMMA Manufacturing Puchasing Manager Index (Sep) | 53.6 | |||
Educational Resources
It's All in Your Head...Part 1
Sam Evans gets down to the roots of successful trading. Success does not lie in the strategy or the indicator, but rather in the application of the strategy, and the efficiency of this application lies firmly in the hands of the individual. Read whole Sam Evans' article!
Related Resources
It's All in Your Head - Part 2: The Fear of Loss - Article by Sam Evans
This week featured article Things You May Want To Know - Article by Sam Seiden