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: Dollar Firm against Euro as FOMC Minutes Awaited Dollar stays firm against Euro, Swiss Franc and, to a lesser extent Yen, in Asian session today. Trading in the currency markets have been relatively quiet so far this week. A major focus today is the minutes of the October FOMC meeting. Attention will be on whether policy makers express easing concern over emerging markets, in particular China, earlier this year. Another key is whether there are more FOMC members expressing the confidence for rate hike in December. But after all, we're not expecting much new information and the greenback would likely stay firm after today's release. At the moment, fed fund futures are pricing in 64% chance of a rate hike in December, slightly down from prior day's 67.8%. Full Report Here...
Featured Technical Report
EUR/CHF Daily Outlook Daily Pivots: (S1) 1.0774; (P) 1.0796; (R1) 1.0821; More... Outlook in EUR/CHF is unchanged and intraday bias stays neutral for the moment. We'd still expect strong support from 1.0732 cluster support (38.2% retracement of 1.0233 to 1.1049 at 1.0737) to complete the correction from 1.1049 and bring rebound. Above 1.0917 will turn bias to the upside for retesting 1.1049. However, sustained break of 1.0732 cluster support will dampen our view and bring deeper fall. 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
21:00	USD	Net Long-term TIC Flows Sep	33.6B		$20.4b	20.8B
23:00	AUD	Conference Board Leading Index Sep	-1%		-0.40%
23:30	AUD	Westpac Leading Index M/M Oct	0.10%		0.10%
00:30	AUD	Wage Cost Index Q/Q Q3	0.60%	0.60%	0.60%
10:00	CHF	ZEW (Expectations) Nov			18.3
13:30	USD	Housing Starts Oct		1.16M	1.21M
13:30	USD	Building Permits Oct		1.15M	1.11M
15:30	USD	Crude Oil Inventories			4.2M
19:00	USD	FOMC Minutes

Orders and Options Watch

US Session: Orders and Options Watch

EUR: The single currency remained under pressure today, however, buy orders are still noted at 1.0630-35, 1.0620 and 1.0600, buying interest is tipped at 1.0580 and 1.0550, fresh demand is located at 1.0525-30 and 1.0500. On the upside, offers are seen at 1.0680 and 1.0700, sell orders are expected at 1.0725, 1.0745 and 1.0760, selling interest should emerge around 1.0780-85 and 1.0800.

Read more...

Forex Trade Ideas

Trade Idea: EUR/GBP - Buy at 0.6970

As the single currency has fallen again after brief recovery, suggesting recent decline is still in progress and may extend weakness to psychological support at 0.7000, however, loss of downward momentum should prevent sharp fall below 0.6970-75, reckon 0.6950 would hold, bring rebound later. Above 0.7110 resistance would suggest a temporary low is possibly formed, bring retracement of recent decline to 0.7130

Trade Idea: USD/CAD - Exit long entered at 1.3285

Despite yesterday's rise to 1.3371, lack of follow through buying and the subsequent retreat suggest consolidation would be seen and downside risk has increased for test of 1.3265-70, break there would suggest top has possibly been formed there, bring weakness to 1.3225 support but only break there would provide confirmation, bring further fall towards 1.3160-70 later.