Action Insight	Candlesticks Trades	Markets Summary	Action Bias	Top Movers	Daily Technicals
Calendar	Elliott Wave Trades	Markets Volatility	Pivot Points	Heat Map	Daily Fundamentals

Action Insight Market Overview	Markets Snapshot
Daily Report: Markets Steady with Muted Reactions to Asian Data Markets are relatively quiet in Asian session today despite some important economic data release. Q1 GDP of Japan was finalized at 1.0% qoq, revised up from 0.7% qoq. Annualized rate was revised to 3.9%, up from prior estimate of 2.4%. The data was seen as positive and showed that recovery is picking up pace. Released from China, trade surplus widened to USD 59.5b in May, much higher than expectation of USD 47.0b. Imports dropped sharply by -17.6% yoy while exports dropped -2.5% yoy. Looking ahead, Germany will release industrial production and trade balance in European session while Eurozone will release Sentix Investor confidence. Canada will release housing starts and building permits later in the day. Full Report Here...
Featured Technical Report
USD/CAD Daily Outlook Daily Pivots: (S1) 1.2382; (P) 1.2472; (R1) 1.2518; More... Intraday bias in USD/CAD remains neutral as the consolidation from 1.2562 continues. Downside of retreat should be contained by 38.2% retracement of 1.1919 to 1.2562 at 1.2316 and bring rise resumption. We'd still holding on to the view that corrective fall from 1.2834 is completed at 1.1919. Above 1.2562 will target 1.2834 resistance. Read more... EURUSD Technical Outlook USDJPY Technical Outlook GBPUSD Technical Outlook USDCHF Technical Outlook USDCAD Technical Outlook AUDUSD Technical Outlook EURJPY Technical Outlook EURGBP Technical Outlook EURCHF Technical Outlook GBPJPY Technical Outlook

Economic Indicators Update

Get ready for a return to stock-picking: Quality growth investments to fit your own unique risk tolerance! At The MoneyShow Las Vegas, May 12-14, 2015, you can find potent growth investments in a fragile bull market. Hear from the industry's top experts such as Steve Forbes, Mark Mills, James Stack, and many more! Register for free now!

GMT	Ccy	Events	Actual	Consensus	Previous
23:50	JPY	Current Account (JPY) Apr	1.27T	1.45T	2.07T
23:50	JPY	GDP Q/Q Q1 F	1.00%	0.70%	0.60%
23:50	JPY	GDP Deflator Y/Y Q1 F	3.40%	3.40%	3.40%
2:25	CNY	Trade Balance May	$59.50B	$47.00B	$34.13B
5:00	JPY	Eco Watchers Survey: Current May		54.2	53.6
6:00	EUR	German Industrial Production M/M Apr		0.60%	-0.50%
6:00	EUR	German Trade Balance (EUR) Apr		18.1B	19.3B
8:30	EUR	Eurozone Sentix Investor Confidence Jun		18.9	19.6
12:15	CAD	Housing Starts May		187K	181.8K
12:30	CAD	Building Permits M/M Apr		3.40%	11.60%

Orders and Options Watch

US Session: Orders and Options Watch

JPY: Dollar surged in NY morning after NFP, offers at 125.00, 125.20, 125.50 and 125.75 were filled but sell orders are still noted at 125.90-00 and 126.20-25, more selling interest is tipped at 126.50, 126.75 and 127.00. On the downside, bids are raised to 125.40, 125.20 and 125.00-05, some stops are placed below 124.80 and 124.60, buying interest should emerge around 124.30-40 and 124.00.

Trade Idea: EUR/GBP - Buy at 0.7240

As the single currency has retreated again after faltering below this week's high at 0.7386, retaining our view that consolidation below this level would be seen and pullback to 0.7260 cannot be ruled out, however, reckon 0.7240 would limit downside and bring another rise later. Above said resistance would signal the rise from 0.7055 is still in progress and may extend gain to 0.7405-10, however, as broad outlook remains consolidative, reckon upside would be limited to 0.7445-50

Trade Idea: USD/CAD - Buy at 1.2370

Despite intra-day rise to 1.2563, as the greenback has retreated after failing to penetrate this level, suggesting consolidation below this level would be seen and pullback to 1.2400 cannot be ruled out, however, reckon support at 1.2368 would limit downside and bring another rise later. A break of said resistance at 1.2563 would extend recent upmove from 1.1920 (wave c and probably entire wave iv) to 1.2600