Thursday, Nov 05, 18:08 GMT
ASIA-PACIFIC Trading Newsletter
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Forex Blogs
The Advisor Weblog: Eur/Usd Technical perspective by Valeria Bednarik
If we place a Fibo in the last daily downleg, from 1.5062 to the 1.4625 lows, yesterday's spike reached the 61.8% retracement. Now pair is hovering around the 50%, with indicators pointing to the downside, yet price moving above every MA.
FX Market Readings: When all turn long... by Dr. S. Sivaraman
Francesc’s Weblog: New Highs in the European Central Bank and Bank of England Interest Rates Decision Live Coverage by Francesc Riverola
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Live Sessions Schedule
Trading Day's Live Wrap Up
Expert: Valeria Bednarik
Start: Thu, Nov 5, 22:30 GMT
Type of Session: Webinar
SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 42nd Edition
Expert: Wayne McDonell
Start: Fri, Nov 6, 12:30 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Thu, Nov 5, 18:00 GMT | Live Look at Today's Markets | Derek Frey | WBN |  |
| Thu, Nov 5, 22:30 GMT | Trading Day's Live Wrap Up | Valeria Bednarik | WBN |  |
| Fri, Nov 6, 12:30 GMT | SPECIAL EVENT: Trade Non−Farm Payrolls LIVE − 42nd Edition | Wayne McDonell | WBN | |
| Fri, Nov 6, 20:00 GMT | Trading Around Your Day Job | Ryan O'Keefe | WBN | |
| Mon, Nov 9, 17:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
Current Session: U.S.
U.S. Update: After BOE and ECB
FXstreet.com Independent Analyst Team − With DJIA approaching to the 10.000 level, and gold hovering around $ 1090/oz, greenback is being punished across the board; Japanese yen, the other safe haven currency is also losing some ground, yet quite limited compared to dollar weakness. Majors likely to move a bit more during next hour or so, tending to consolidate at current levels, waiting for the last key event of the week: U.S. Nonfarm Payrolls early Friday.
GBP/USD
GBP/USD Heads Higher Following BoE Decision by FastBrokersFX
The Cable is knocking on the door of our 4th tier downtrend line after the BoE opted to increase its QE package by 25 billion Pound, less than the 50 expected. The lighter than...
USD/CAD
USDCAD looks interesting over the next couple of days by Saxo Bank
USDCAD looks interesting over the next couple of days. We have so far seen a basic retracement, with yesterday's close very near the 0.382 Fibo of the latest rally to 1.0870.
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : FXstreet.com , Deltastock , Financial Trend Analysis , KBC , Mizuho , Varengold
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
GBP USD, Hourly
EUR USD, Hourly
Event of the Day
UK BOE INTEREST RATE DECISION
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 5 | 12:00 | BoE Interest Rate Decision | 0.5% | 0.5% | 0.5% |
Bank Of England Raises Bond−Buying Program To GBP200B (Dow Jones)
The Bank of England's Monetary Policy Committee Thursday invested in even more insurance against a prolonged slump, expanding its bond buying program by another GBP25 billion, amid mixed signs on the health of the U.K. economy.
[ Full Story ]- Read the official data at BoE
- CURRENCIES: Dollar Dips; Euro, Pound Gain After Rate Moves (Dow Jones)
- 3rd UPDATE: Pound Jumps After GBP25 Bln Asset Purchase Boost (Dow Jones)
- CORRECT:Pound Jumps After GBP25 Bln Asset Purchase Boost (Dow Jones)
Preview: BOE rate/QE decision by RANsquawk
BOE and ECB: Preview of Thursday's meetings by Easy Forex
Sunrise Market Commentary - No change in interest rates is expected by KBC Bank
Event of the Week
US NONFARM PAYROLLS
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Nov 6 | 13:30 | Nonfarm Payrolls | - | -175K | -263K |
US nfp job losses likely moderated in October by Easy Forex
Stability in recent US jobless claims data, a sharp rise in Q3 GDP, improvement in the employment index of the October manufacturing ISM and a continued decline in the ADP unemployment index points to a slowdown in nfp job losses during October.
[ Full Story ]US: nfp job losses likely moderated in October by Easy Forex
Thoughts on the global economy and FX markets - Don't expect much movement out of current ranges until after the payrolls report by Econometer.org
The Week Ahead - Non−farm payrolls are expected to decline further in October by BBVA Bancomer
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Nov 5 | 14:01 | UK | NIESR GDP Estimate (Oct) | -0.4% | 0.0% | |
| 15:00 | CA | Ivey Purchasing Managers Index (Oct) | 61.2 | 60.9 | 61.7 | |
| Nov 6 | 00:00 | US | G20 Meeting | |||
| 00:30 | AU | RBA Monetary Policy Statement | ||||
| 05:00 | JP | Coincident Index (Sep) | 92.5 | 91.2 | ||
| 05:00 | JP | Leading Economic Index (Sep)  | 86.4 | 83.2 | ||
| 05:30 | AU | Foreign Reserves (Oct) | 48.9B | |||
Educational Resources
There is a perception that proper trading and investing is somehow different than how you properly buy and sell things in everyday life. This week we will discuss how the simple logic and rules you use when buying things in everyday life that make you a smart buyer at the grocery store, for example, are exactly what will make you a profitable market speculator. Read Sam Seiden's article !
Related Resources
Quantifying Supply (resistance) and Demand (support) In The Forex Markets - Webinar Recordings by Sam Seiden
Supply and Demand - Forex Essentials Course by LearningMarkets.com
Trade the facts: consider price action - Learning Center Chapter A04 by FXstreet.com