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: Asian Markets Lower on Revived Fed Hike Speculation, Heavy Week Ahead Asian markets open the week trading generally in red on revived talk of Fed rate hike. Nikkei is trading down -200 pts, or -1%, below 19000 handle at the time of writing. China stocks are also weighed down by confusions over the level of government support on the markets. The Shanghai composite ended a three day recovery and is trading down -3%. In the currency markets, major pairs and crosses are generally in tight range with dollar trading with a mild under tone. Crude oil's rebound lost some steam and is back below 45. Gold is staying in tight range around 1130. Economic data released today so far saw New Zealand building permits rose 20.4% mom in July. NBNZ business confidence dropped to -29.1 in August. Australia TD securities inflation expectation rose 0.1% mom in August. Japan industrial production dropped -0.6% mom in July. German retail sales, Eurozone CPI and Swiss KOF are the main feature in European session. US will release Chicago PMI later in US session. Full Report Here...
Featured Technical Report
USD/CAD Daily Outlook Daily Pivots: (S1) 1.3150; (P) 1.3225; (R1) 1.3283; More... Intraday bias in USD/CAD remains neutral for the moment for some consolidation. Further rise is still expected as long as 1.2951 support holds. Above 1.3353 will target next long term retracement level at 1.3469. However, break of 1.2951 will confirm near term reversal and bring deeper pull back. 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
22:45	NZD	Building Permits M/M Jul	20.40%		-4.10%	-3.30%
23:50	JPY	Industrial Production M/M JUl P	-0.60%	0.10%	1.10%
0:30	AUD	TD Securities Inflation M/M Aug	0.10%		0.20%
1:00	NZD	NBNZ Business Confidence Aug	-29.1		-15.3
5:00	JPY	Housing Starts Y/Y Jul		11.00%	16.30%
6:00	EUR	German Retail Sales M/M Jul		1.30%	-2.30%
7:00	CHF	KOF Leading Indicator Aug		100.3	99.8
9:00	EUR	Eurozone CPI Estimate Y/Y Aug		0.10%	0.20%
9:00	EUR	Eurozone CPI - Core Y/Y Aug A		0.90%	1.00%
12:30	CAD	Current Account (CAD) Q2		-$17.00B	-$17.50B
13:45	USD	Chicago PMI Aug		54.7	54.7

Orders and Options Watch

US Session: Orders and Options Watch

EUR: The single currency retreated after meeting resistance at 1.1310 and bids at 1.1265-70 and 1.1250 were filled but buy orders are reported at 1.1225-30 and 1.1200, buying interest should emerge around 1.1185 and 1.1150. On the upside, offers are seen at 1.1275-80, 1.1300-10 and 1.1325, sell orders are expected at 1.1340 and 1.1355-60, more selling interest is tipped at 1.1380, 1.1400 and 1.1425, mixture of offers and stops is located at 1.1450.

Trade Idea: EUR/GBP - Buy at 0.7230

Euro's retreat after faltering below resistance at 0.7364, retaining our view that further consolidation would be seen and test of support at 0.7259 cannot be ruled out, however, reckon 0.7220-25 (50% Fibonacci retracement of 0.7026-0.7423) would limit downside and bring another rebound, above 0.7364 would bring retest of this week's high at 0.7423.

Trade Idea: USD/CAD - Stand aside

As 1.3167 has contained the retreat from 1.3354 (this week's high), suggesting this pullback has ended and retest of 1.3354 would be seen, break there would extend recent upmove to 1.3390-00, however, this minor wave v of iii should be limited to 1.3440-50, risk from from there is seen for a correction to take place later. We are keeping our count that complex wave iv from 1.2835 ended at 1.1920 and wave v is underway