| Action Insight Daily Report | Risk Appetite Takes Driving Seat as the Week Starts Markets start off the week in risk appetite mode, riding on the relive from Greece situation and late rally in US equities last Friday. Japanese yen is broadly lower with AUD/JPY and CAD/JPY making new 2010 high. Strength of Sterling and Kiwi is also impressive. Meanwhile, Dollar is generally soft except versus yen. Nevertheless, one thing to note is that dollar majors, are still kept inside familiar range. Even the relatively strong Sterling, Aussie, and Loonie are held below recent high against the greenback. Full Report Here... | | Candlesticks & Ichimoku Analysis | Trade Idea: EUR/USD - Sell At 1.3450 As the single currency staged a strong rebound after last week's selloff to 1.3201, suggesting a temporary low has been formed and correction to minor resistance at 1.3422 cannot be ruled out, however, reckon upside would be limited to 1.3347 (50% Fibonacci retracement of 1.3692 to 1.3201) and price should falter well below the flat ground Ichimoku cloud bottom (now at 1.3487) and bring retreat later. Break of the Tenkan-Sen (now at 1.3303) would signal rebound from 1.3201 has possibly ended and bring weakness to 1.3250 but reckon said support at 1.3201 would remain intact. Full Report Here... Trade Idea: USD/JPY - Buy At 93.45 As the greenback has maintained a firm undertone after last week's rally, suggesting recent upmove has resumed and a retest of recent high at 94.78 would be seen, above there would extend gain to 95.10 (61.8% Fibonacci retracement of 101.45-84.82), however, reckon 95.73 (1.618 times projection of 91.60-93.45 measuring from 92.74) would hold from here due to near term overbought condition. Full Report Here... | | Featured Technical Report | Market Highlights | GBP/JPY Daily Outlook Daily Pivots: (S1) 143.44; (P) 144.10; (R1) 145.12; More GBP/JPY's strong break of 145.00 resistance today indicates that whole rise from 132.13 has resumed. intraday bias remains on the upside and further rise should now be seen towards 61.8% projection of 132.13 to 145.00 from 139.36 at 147.31 next. On the downside, below 144.27 minor support will turn intraday bias neutral and bring retreat. But downside should be contained above 139.36 support and bring rally resumption. Read more... All Technical Outlook Reports | Daily Top Movers | Top 5 | Current | Last | Change
(Pips) | Change
(%) | | GBPJPY | 145.83 | 144.47 | +136 | +0.93% | | EURGBP | 0.8634 | 0.8702 | -68 | -0.79% | | GBPCHF | 1.6618 | 1.6491 | +127 | +0.76% | | GBPUSD | 1.5491 | 1.5376 | +115 | +0.74% | | GBPCAD | 1.5470 | 1.5358 | +112 | +0.72% | Last Updated: Apr 26, 07:05 GMT Currency Heat Map Daily View | USD | EUR | JPY | GBP | CHF | CAD | AUD | | USD | | | | | | | | | EUR | | | | | | | | | JPY | | | | | | | | | GBP | | | | | | | | Last Updated: Apr 26, 07:05 GMT | | Economic Indicators Update | | GMT | Ccy | Events | Actual | Consensus | Previous | Revised | | -- | USD | IMF World Bank G-20 G7 Meet in Washington D.C. | | -- | -- | | | 23:50 | JPY | Corporate Service Price Y/Y Mar | -1.10% | -1.30% | -1.30% | -1.20% | | | Suggested Readings | Fundamental Highlights Technical Highlights | | | Forex Brokers | | | Sponsors | 
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