| Action Insight Daily Report | AUD, NZD, GBP Strong as Risk Appetite Returns Dollar and yen weaken further today as risk appetite continues to improve. Nikkei rose 1.21%, or 132pts, today following 1.1% rise in DOW. Crude is heading to 86 level while gold is back above 1170 again. Dollar index extends the retreat from 82.71 and is back below 82 level. Euro is relatively weak against commodity currencies on uncertainty over the final version of the Greece rescue package. Aussie, Kiwi and Sterling are the better performers today so far. Full Report Here... | | Candlesticks & Ichimoku Analysis | Trade Idea: USD/JPY - Buy At 93.00 As dollar has remained confined within near term narrow range, suggesting further consolidation would take place ahead of the release of U.S. economic data and only break of resistance at 94.43 would signal upmove has resumed and bring a retest of recent high at 94.78, above there would extend rise to 95.10 (61.8% Fibonacci retracement of 101.45-84.82) but reckon 95.73 (1.618 times projection of 91.60-93.45 measuring from 92.74) would hold from here. Full Report Here... Trade Idea: USD/CHF - Buy At 1.0760 As dollar has traded narrowly, suggesting near term sideways trading would continue and whilst retracement towards the Ichimoku cloud top (now at 1.0755) cannot be ruled out, as long as support at 1.0300 holds, prospect of another rally remains. Above this week's high at 1.0925 would extend upmove to 1.0970/80 but reckon resistance at 1.1026 would remain intact. Full Report Here... | | Featured Technical Report | Market Highlights | AUD/USD Daily Outlook Daily Pivots: (S1) 0.9233; (P) 0.9263; (R1) 0.9305; More AUD/USD's rebound from 0.9134 extends further to as high as 0.9317 so far today. The break of 0.9311 resistance indicates that choppy price actions from 0.9380 are merely consolidation in the larger rally and should have completed at 0.9134 already. Intraday bias is now on the upside for 0.9404 high and break will confirm medium term up trend resumption. On the downside, below 0.9222 minor support will turn intraday bias neutral again. Read more... All Technical Outlook Reports | Daily Top Movers | Top 5 | Current | Last | Change
(Pips) | Change
(%) | | EURJPY | 125.14 | 124.44 | +70 | +0.56% | | NZDJPY | 68.35 | 68.00 | +35 | +0.51% | | AUDJPY | 87.63 | 87.19 | +44 | +0.50% | | CHFJPY | 87.19 | 86.76 | +43 | +0.49% | | EURUSD | 1.3294 | 1.3233 | +61 | +0.46% | Last Updated: Apr 30, 07:10 GMT Currency Heat Map Daily View | USD | EUR | JPY | GBP | CHF | CAD | AUD | | USD | | | | | | | | | EUR | | | | | | | | | JPY | | | | | | | | | GBP | | | | | | | | Last Updated: Apr 30, 07:10 GMT | | Economic Indicators Update | | GMT | Ccy | Events | Actual | Consensus | Previous | Revised | | 23:01 | GBP | GfK Consumer Confidence Survey Apr | -16 | -14 | -15 | | 23:15 | JPY | Manufacturing PMI Apr | 53.5 | -- | 52.4 | | 23:30 | JPY | Unemployment Rate Mar | 5.00% | 4.90% | 4.90% | | 23:30 | JPY | Household Spending Y/Y Mar | 4.40% | 0.70% | -0.50% | | 23:30 | JPY | Tokyo CPI Core Y/Y Apr | -1.90% | -2.00% | -1.80% | | 23:30 | JPY | National CPI Core Y/Y Mar | -1.20% | -1.20% | -1.20% | | 23:50 | JPY | Industrial Production M/M Mar P | 0.30% | 0.80% | -0.60% | | 23:50 | JPY | Industrial Production Y/Y Mar P | 30.70% | 31.10% | 31.30% | | 4:15 | JPY | BoJ Interest Rate Decision | 0.10% | 0.10% | 0.10% | | 5:00 | JPY | Housing Starts Y/Y Mar | -2.40% | -5.80% | -9.30% | | 9:00 | EUR | Eurozone CPI Estimate Y/Y Apr | | 1.50% | 1.40% | | 9:00 | EUR | Eurozone Unemployment Rate Mar | | 10.00% | 10.00% | | 9:30 | CHF | KOF Leading Indicator Apr | | 1.99 | 1.93 | | 12:30 | CAD | GDP M/M Feb | | 0.40% | 0.60% | | 12:30 | CAD | Industrial Product Price M/M Mar | | 0.20% | 0.00% | | 12:30 | CAD | Raw Materials Price Index M/M Mar | | 0.90% | 0.40% | | 12:30 | USD | GDP (Annualized) Q1 A | | 3.40% | 5.60% | | 12:30 | USD | GDP Price Index Q1 A | | 0.90% | 0.50% | | 12:30 | USD | Core PCE Q/Q Q1 A | | 0.50% | 1.80% | | 12:30 | USD | Employment Cost Index Q1 | | 0.50% | 0.50% | | 13:45 | USD | Chicago PMI Apr | | 60 | 58.8 | | 13:55 | USD | U. of Michigan Confidence Apr F | | 71 | 69.5 | | | Suggested Readings | Fundamental Highlights Technical Highlights | | | Forex Brokers | | | Sponsors | 
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