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: Sentiment Recovered after Selloff, Aided by China Stimulus Global stock markets recovered from yesterday's selloff and was further supported by stimulus measures from China. DJIA is trading up over 300 pts in initial trading and reclaimed 16000 handle. European indices also rebounded with DAX up 4.7%, CAC up 4.7% and FTSE up 3.0% at the time of writing. In the currency markets, Euro, Yen and Swiss Franc pared back this week's gain while commodity currencies recovered. Nonetheless, Yen remains the strongest major currency so far this week, followed by Euro. Economic data from US saw house price index rose 0.2% mom in June while S&P Case-Shiller 20 cities house price rose 5.0% yoy in June. Markets paid little attention to the data. Full Report Here...
Featured Technical Report
USD/JPY Mid-Day Outlook Daily Pivots: (S1) 115.71; (P) 118.86; (R1) 121.57; More... Intraday bias in USD/JPY stays neutral for consolidation above 116.13 temporary low. Upside of recovery should be limited below 61.8% retracement of 125.27 to 116.13 at 119.62 and bring fall resumption. Firm break of 116.38 fibonacci level will pave the way to 61.8% retracement of 101.08 to 125.85 at 110.54 next. 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
00:00	AUD	Conference Board Leading Index Jun	-0.20%		0.20%
02:00	CNY	Conference Board Leading Index Jul	0.90%		1.00%	0.60%
03:00	NZD	RBNZ 2-Year Inflation Expectation Q3	1.90%		1.90%
06:00	EUR	German GDP Q/Q Q2 F	0.40%	0.40%	0.40%
08:00	EUR	German IFO - Business Climate Aug	108.3	107.6	108
08:00	EUR	German IFO - Current Assessment Aug	114.8	113.9	113.9
08:00	EUR	German IFO - Expectations Aug	102.2	102	102.4	102.3
13:00	USD	House Price Index M/M Jun	0.20%	0.40%	0.40%
13:00	USD	S&P/Case-Shiller Composite-20 Y/Y Jun	5.00%	5.10%	4.94%	5.00%
14:00	USD	New Home Sales Jul	507K	510K	482K
14:00	USD	Consumer Confidence Aug	101.5	93.1	90.9

Orders and Options Watch

US Session: Orders and Options Watch

EUR: The single currency continued to trade lower and bids at 1.1500-10, 1.1480-85 and 1.1465 were filled, however, buy orders are noted at 1.1450 and 1.1420-25, buying interest is tipped at 1.1400-05 and 1.1370-75. On the upside, offers are seen at 1.1500, 1.1520 and 1.1550, sell orders are reported at 1.1565, 1.1580 and 1.1600, sellers are awaiting at 1.1620, 1.1650 and 1.1680, selling interest should emerge around 1.1700 and 1.1720.

Trade Idea Update: USD/CHF - Sell at 0.9480

Current rebound has retained our view that further consolidation above yesterday's low at 0.9259 would be seen and near term upside risk remains for retracement to 0.9457-66 (previous resistance and 50% Fibonacci retracement of 0.9672-0.9259), however, reckon 0.9480-90 would limit upside and bring another decline later. Below the Kijun-Sen (now at 0.9353) would bring test of intra-day support at 0.9316

Trade Idea Update: EUR/USD - Stand aside

As the single currency has retreated after yesterday's rally to 1.1714, retaining our view that consolidation below this level is in store and mild downside bias remains for retracement to 1.1450, however, reckon downside would be limited to 1.1403-10 (current level of the upper Kumo and 50% Fibonacci retracement of 1.1107-1.1714), bring rebound later.