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 Recovers as PBoC Assured Strong Yuan Dollar recovered some ground today as sentiments stabilized a little. PBoC vice governor Yi Gang tried to calm the markets and said the renminbi remains a strong currency. And he emphasized that the move this week, as see by others as devaluation, was intended to give the exchange rate a more market oriented mechanism. And he said the claim that China aims at an eventual -10% depreciation of the yuan was "nonsense". Full Report Here...
Featured Technical Report
EUR/USD Mid-Day Outlook Daily Pivots: (S1) 1.1051; (P) 1.1132 (R1) 1.1241; More.... EUR/USD retreats after failing to take out 1.1215 resistance and intraday bias is turned neutral first. Further rise is still expected as long as 1.1023 support holds. Current development suggests that consolidation pattern from 1.1466 has completed at 1.0807. Above 1.1215 will target 1.1436/66 resistance zone next. On the downside, though, below 1.1023 minor support will dampen this bullish case and turn bias back to the downside. 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
22:30	NZD	Business NZ Manufacturing Index Jul	53.5		55.2	55.1
23:01	GBP	RICS House Price Balance Jul	44%	42%	40%
23:50	JPY	Machine Orders M/M Jun	-7.90%	-4.90%	0.60%
01:00	AUD	Consumer Inflation Expectation Aug	3.70%		3.40%
06:00	EUR	German CPI M/M Jul F	0.20%	0.20%	0.20%
06:00	EUR	German CPI Y/Y Jul F	0.20%	0.20%	0.20%
07:15	CHF	Producer & Import Prices M/M Jul	-0.30%		-0.10%
07:15	CHF	Producer & Import Prices Y/Y Jul	-6.40%		-6.10%
12:30	CAD	New Housing Price Index M/M Jun	0.30%	0.30%	0.20%
12:30	USD	Advance Retail Sales Jul	0.60%	0.40%	-0.30%
12:30	USD	Retail Sales Less Autos Jul	0.40%	0.50%	-0.10%	0.40%
12:30	USD	Import Price Index M/M Jul	-0.90%	-1.00%	-0.10%
12:30	USD	Initial Jobless Claims (AUG 8)	274K	272K	270K	269K
14:00	USD	Business Inventories Jun		0.30%	0.30%
14:30	USD	Natural Gas Storage			32B

Orders and Options Watch

US Session: Orders and Options Watch

EUR: The single currency traded lower after retreating from yesterday's high of 1.1214, bids at 1.1100 and 1.1085 were filled but buy orders are still noted at 1.1050 and 1.1020, buying interest is tipped at 1.1000 and 1.0985, fresh demand is located at 1.0965, 1.0950 and further out at 1.0900. On the upside, offers are lowered to 1.1125, 1.1150-55 and 1.1180, selling interest is expected at 1.1200, 1.1220 (stops above) and 1.1245-50.

Trade Idea Update: USD/JPY - Hold short entered at 124.50

Although dollar dropped sharply from 125.28 to 123.79 yesterday, lack of follow through selling on break of previous support at 123.80 and current rebound from 123.79 suggest consolidation would be seen, however, reckon the lower Kumo (now at 124.79) would cap upside, bring another decline later, below 124.05-10 would bring test of said support at 123.79 but break there is needed to add credence to our view that top has been formed at 125.28, bring subsequent fall towards previous support at 123.52.

Trade Idea Update: USD/CHF - Hold short at 0.9770

The greenback found good support at 0.9678 yesterday and has staged a strong rebound, suggesting caution on our short position entered at 0.9770 and previous support at 0.9802 needs to hold to retain prospect of another fall, below 0.9730 would signal the rebound from 0.9678 has ended, bring another test of this support, below there would extend the fall from 0.9903 top for retracement of early upmove to 0.9668 support and possibly 0.9644