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: Dollar Pressured on Sharp Deceleration in Employment Cost Growth Dollar drops sharply in early US session, in particular against European majors. Employment cost index rose merely 0.2% in Q2, much lower than expectation of 0.6%. That was also the smallest increase on record for 33 years. The sharp deceleration from Q1's 0.7% was also seen y some economists as a reason for Fed to delay the first rate hike from September. EUR/USD is back above 1.1 after the release. Also released in early US session, Canadian GDP dropped -0.2% mom in May versus expectation of flat mom. Full Report Here...
Featured Technical Report
EUR/USD Mid-Day Outlook Daily Pivots: (S1) 1.0886; (P) 1.0937 (R1) 1.0982; More.... EUR/USD rebounds strongly in early US session but is held below 1.1128 minor resistance. Intraday bias remains neutral first. As noted before, the corrective structure of current decline argues that it's a leg inside the consolidation pattern from 1.0461. Hence in case of another fall, we'd be cautious on strong support above 1.0461 to bring reversal. Meanwhile, break of 1.1128 resistance will bring stronger rise back to 1.1436/66 resistance zone. 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
23:05	GBP	GfK Consumer Sentiment Jul	4	5	7
23:30	JPY	Jobless Rate Jun	3.40%	3.30%	3.30%
23:30	JPY	Household Spending Y/Y Jun	-2.00%	1.90%	4.80%
23:30	JPY	National CPI Core Y/Y Jun	0.10%	0.00%	0.10%
23:30	JPY	Tokyo CPI Core Y/Y Jul	-0.10%	0.00%	0.10%
01:00	NZD	NBNZ Business Confidence Jul	-15.3		-2.3
01:30	AUD	PPI Q/Q Q2	0.30%		0.50%
01:30	AUD	PPI Y/Y Q2	1.10%		0.70%
05:00	JPY	Housing Starts Y/Y Jun	16.30%	3.00%	5.80%
06:00	EUR	German Retail Sales M/M Jun	-2.30%	0.30%	0.50%	0.40%
09:00	EUR	Eurozone Unemployment Rate Jun	11.10%	11.00%	11.10%
09:00	EUR	Eurozone CPI Estimate Y/Y Jul	0.20%	0.20%	0.20%
09:00	EUR	Eurozone CPI - Core Y/Y Jul A	1.00%	0.80%	0.80%
12:30	USD	Employment Cost Index Q2	0.20%	0.60%	0.70%
12:30	CAD	GDP M/M May	-0.20%	0.00%	-0.10%
13:45	USD	Chicago PMI Jul		50.5	49.4
14:00	USD	U. of Michigan Confidence Jul F		94	93.3

Orders and Options Watch

US Session: Orders and Options Watch

EUR: The single currency has fallen again after brief recovery, bids at 1.0940 were filled but buy orders are still noted at 1.0900 and 1.0880, buying interest is reported at 1.0860, 1.0820-25 and 1.0800, fresh demand is tipped at 1.0780, 1.0750 barrier (stops below) and 1.0720. On the upside, offers are now seen at 1.0980-85, 1.1000 and 1.1020, sell orders are expected at 1.1050, 1.1065 and 1.1080-85, selling interest should emerge around 1.1100, 1.1120 and 1.1160, sellers are awaiting at 1.1185 and 1.1200.

Trade Idea: USD/CAD - Hold long entered at 1.2900

The greenback found renewed buying interest at 1.2862 yesterday and has staged a rebound, retaining our bullishness and above 1.3050-60 would signal the retreat from 1.3103 has ended, bring retest of this level, once this resistance is penetrated, this would extend recent wave iii to 1.3150-60, then 1.3200, however, loss of upward momentum should prevent sharp move beyond 1.3250-60 and price should falter below 1.3300-10, bring correction later.

Trade Idea: AUD/USD - Hold long entered at 0.7285

Although aussie has retreated again after faltering below resistance at 0.7351, as long as this week's low at 0.7257 holds, consolidation with mild upside bias remains for another rebound, above said resistance at 0.7351 would bring recovery to 0.7390-00, however, reckon resistance at 0.7449 (last week's high) would limit upside and resistance at 0.7489 should hold from here, bring another decline later.