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Action Insight Market Overview	Markets Snapshot
Daily Report: Dollar Extends Post FOMC Weakness Dollar dropped sharply after FOMC held interest unchanged yesterday and turned a bit more dovish. The dollar index decline to as low as 94.10 so far today and stays soft for deeper fall. Commodity currencies are so far the strongest one this week and strengthen is seen in all of Aussie, Kiwi and Loonie. But that is more due to a catch up against European majors. Among the European majors, Sterling is so far the strongest one. Meanwhile, Euro and yen are the next weakest after the greenback. In other markets, US equities closed down after initial post FOMC spike. Asian markets were mixed with Nikkei suffering nearly -2% loss. European indices are generally lower with DAX down -1.8% at the time of writing. Gold jumped due to dollar weakness and is back above 1130. Crude oil is struggling in recent range. Full Report Here...
Featured Technical Report
USD/CAD Daily Outlook Daily Pivots: (S1) 1.3099; (P) 1.3151; (R1) 1.3230; More... USD/CAD drops sharply this week but stays above 1.2951 support. Intraday bias remains neutral as price actions from 1.3353 is still viewed as a sideway consolidation pattern. Break of 1.3353 will extend recent up trend and target 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

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GMT	Ccy	Events	Actual	Consensus	Previous	Revised
23:50	JPY	BoJ Minutes
8:00	EUR	Eurozone Current Account (EUR) Jul	22.6B	21.3B	25.4B	24.9B
12:30	CAD	CPI M/M Aug			0.10%
12:30	CAD	CPI Y/Y Aug			1.30%
12:30	CAD	CPI Aug			127.3
12:30	CAD	BoC CPI Core M/M Aug			0.00%
12:30	CAD	BoC CPI Core Y/Y Aug			2.40%
14:00	USD	Leading Indicators Aug		0.30%	-0.20%

Orders and Options Watch

European Session: Orders and Options Watch

EUR: The single currency has risen again after yesterday's rally on dollar's broad-based weakness, offers at 1.1435 and 1.1450 were filled, however, sell orders are still noted at 1.1465, 1.1480-85 and 1.1500, selling interest is tipped at 1.1520 and 1.1550. On the downside, bids are now seen at 1.1420 and 1.1390-00 (stops below), more buy orders are expected at 1.1380, 1.1350 and 1.1330, buying interest should emerge around 1.1300, 1.1285 and 1.1260, mixture of bids and stops is located at 1.1240-50.

Trade Idea: AUD/USD - Buy at 0.7150

As aussie has maintained a firm undertone after surging to 0.7276 yesterday, suggesting the rise from 0.6908 low (wave iii trough) is still in progress and may extend further gain in wave iv for retracement of early downtrend to 0.7300, then towards 0.7380-85 (38.2% Fibonacci retracement of 0.8163-0.6908) but reckon 0.7440 resistance would remain intact, bring retreat later.

Trade Idea: EUR/JPY - Stand aside

Despite yesterday's anticipated rise to 137.45, the subsequent retreat suggests consolidation below this level would be seen and pullback to 136.00 support cannot be ruled out, break there would suggest top has possibly been formed, bring correction to 135.50 and then towards previous support at 135.00 which is likely to hold from here.