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
Mid-Day Report: Global Stocks Tumbled on Greece, Euro Pared Losses Global stocks market tumble sharply on news that Greece is going to hold a referendum on bailout terms with the international creditors. US markets open generally low with DJIA losing more than -120 pts in initial trading. Major European indices are also generally lower with DAX losing -1.8%, CAC losing -2.2% and FTSE losing -0.9% at the time of writing. In the currency markets, Euro plunged deeply as the week opened but pared back much of the losses enter into European session. Yen remains the strongest major currencies on risk aversion. Full Report Here...
Featured Technical Report
EUR/USD Mid-Day Outlook Daily Pivots: (S1) 1.1127; (P) 1.1173 (R1) 1.1217; More.... EUR/USD dived to as low as 1.0954 earlier today but recovered strongly. Breach of 1.1134 indicate temporary bottoming and intraday bias is turned neutral first. At this point, we're favoring the case that corrective rebound from 1.0461 has completed at 1.1466 already. Another fall is expected and below 1.0954 will target 1.0818 support for confirmation. Break of 1.1436 will extend such rebound but in that case, strong resistance should be seen from 38.2% retracement of 1.3993 to 1.0461 at 1.1810 to bring reversal. 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	Revised
23:50	JPY	Retail Trade Y/Y May	3.00%	2.40%	5.00%	4.90%
23:50	JPY	Industrial Production M/M May P	-2.20%	-0.70%	1.20%
08:30	GBP	Mortgage Approvals May	64.4K	68.5K	68.1K	67.6K
08:30	GBP	M4 Money Supply M/M May	0.50%	0.50%	0.40%
09:00	EUR	Eurozone Economic Confidence Jun	103.5	103.6	103.8
09:00	EUR	Eurozone Business Climate Indicator Jun	0.14	0.25	0.28
09:00	EUR	Eurozone Industrial Confidence Jun	-3.4	-3	-3
09:00	EUR	Eurozone Services Confidence Jun	7.9	8.1	7.8
09:00	EUR	Eurozone Consumer Confidence Jun F	-5.6	-5.6	-5.6
12:00	EUR	German CPI M/M Jun P	-0.10%	0.20%	0.10%
12:00	EUR	German CPI Y/Y Jun P	0.30%	0.50%	0.70%
12:30	CAD	Industrial Product Price M/M May	0.50%	0.50%	-0.90%
12:30	CAD	Raw Materials Price Index M/M May	4.40%	4.00%	3.80%	4.00%
14:00	USD	Pending Home Sales M/M May	0.90%	1.20%	3.40%

Orders and Options Watch

US Session: Orders and Options Watch

EUR: The single currency continued to edge higher after rebounding from 1.0954, offers at 1.1130-40 were filled but sell orders are reported at 1.1170 and 1.1185, sellers are located at 1.1200, 1.1220-25 and 1.1245, selling interest is tipped at 1.1280 and 1.1300. On the downside, bids remain at 1.1050-55, 1.1030 and 1.1000, buy orders are expected at 1.0980 and 1.0960, fresh demand should emerge around 1.0930 and 1.0900.

Trade Idea Update: GBP/USD - Sell at 1.5800

As cable has rebounded after intra-day brief fall to 1.5664, suggesting consolidation above this level would be seen and recovery to 1.5770-75 cannot be ruled out, however, reckon resistance at 1.5803 would limit upside and bring another decline later. A break of said intra-day support would extend the fall from 1.5930 to 1.5615-20 (61.8% Fibonacci retracement of 1.5422-1.5930), then 1.5595-00 but reckon support at 1.5542 would hold from here.

Trade Idea Update: EUR/USD - Sell at 1.1180

Although the single currency opened sharply lower and dropped to as low as 1.0954, lack of follow through selling and current strong rebound suggest consolidation above said support would be seen, however, reckon 1.1180-85 (50% Fibonacci retracement of 1.1410-1.0954) would limit upside and bring another decline later. Below 1.1030-35 would bring test of 1.0985 but break of latter level is needed to signal rebound from 1.0954 has ended, bring retest of this level