| Action Insight Mid-Day Report | Dollar Mixed Despite Strong ISM Dollar remains firm against yen but is under much pressure against Sterling and Canadian dollar. Initial jobless claims dropped slightly to 439k. Continuing claims dropped to 4.66m. Challenger report showed planned job cuts fell by 55% yoy but increased from Feb's three year low. ISM manufacturing index rose more than expected to 59.6 in March with price component jumped sharply to 75. After all, there isn't much momentum in the greenback as traders hold their bet ahead of non farm payrolls and holidays. Full Report Here... | | Elliott Wave Analysis | Trade Idea: EUR/JPY - Buy At 125.40 As euro has eased after intra-day rise to 126.62, suggesting minor consolidation would be seen and whilst pullback to 125.50 cannot be ruled out, renewed buying interest should emerge around 125.36 (previous resistance turned support) and bring another rally later. Above said resistance would extend upmove from 119.66 in wave iii to 127.02 (50% Fibonacci retracement of 134.37-119.66), then towards 129.08 (50% Fibonacci retracement of 138.49 to 119.66) later this month. Full Report Here... Trade Idea: AUD/USD - Buy At 0.9080 Aussie's near term sideways trading is expected to continue ahead of the release of U.S. non-farm payrolls and minor correction to 0.9070/80 (just below 61.8% Fibonacci retracement of 0.9001 to 0.9218) cannot be ruled out, however, as long as support at 0.9001 holds, prospect of another rally remains. Above said resistance would bring retest of wave 1 top at 0.9253 and break there would confirm wave 3 is underway towards resistance at 0.9331 later. Full Report Here... | | Featured Technical Report | Market Highlights | EUR/CHF Mid-Day Outlook Daily Pivots: (S1) 1.4190; (P) 1.4255; (R1) 1.4304; More EUR/CHF's fall extends further to as low as 1.4149 so far in early US session. Intraday bias remains on the downside and current decline is expected to continue to 1.4 psychological level next. On the upside, above 1.4242 minor resistance will turn intraday bias neutral first. But short term outlook will remain bearish as long as 1.4357 resistance holds and we'd expect the fall to continue sooner rather than later. Read more... All Technical Outlook Reports | Daily Top Movers | Top 5 | Current | Last | Change
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(%) | | | | | | | | AUDNZD | 1.3015 | 1.2901 | +114 | +0.88% | | CADJPY | 92.80 | 92.02 | +78 | +0.84% | | CHFJPY | 89.35 | 88.65 | +70 | +0.78% | | NZDUSD | 0.7054 | 0.7105 | -51 | -0.72% | | GBPJPY | 142.85 | 141.87 | +98 | +0.69% | Last Updated: Apr 01, 13:45 GMT Currency Heat Map Daily View | USD | EUR | JPY | GBP | CHF | CAD | AUD | | USD | | | | | | | | | EUR | | | | | | | | | JPY | | | | | | | | | GBP | | | | | | | | Last Updated: Apr 01, 13:45 GMT | | Economic Indicators Update | | GMT | Ccy | Events | Actual | Consensus | Previous | Revised | | 23:01 | GBP | GfK Consumer Confidence Survey Mar | -15 | -13 | -14 | | | 00:30 | AUD | Retail Sales M/M Feb | -1.40% | 0.30% | 1.20% | 1.10% | | 06:00 | JPY | Housing Starts Y/Y Feb | -9.30% | -0.80% | -8.10% | | | 07:55 | EUR | German Unemployment Change Mar | -31K | 8K | 7K | | | 07:55 | EUR | German Unemployment Rate Mar | 8.00% | 8.20% | 8.20% | 8.10% | | 09:00 | EUR | Eurozone Unemployment Rate Feb | 10.00% | 10.00% | 9.90% | | | 09:00 | EUR | Eurozone CPI Estimate Y/Y Mar | 1.50% | 1.10% | 0.90% | | | 09:30 | CHF | KOF Leading Indicator Mar | 1.93 | 1.9 | 1.87 | 1.9 | | 12:15 | USD | ADP Employment Change Mar | -23K | 40K | -20K | -24K | | 12:30 | CAD | GDP M/M Jan | 0.60% | 0.50% | 0.60% | | | 13:45 | USD | Chicago PMI Mar | | 61 | 62.6 | | | 14:00 | USD | Factory Orders Feb | | 0.50% | 1.70% | | | 14:30 | USD | Crude Oil Inventories | | 2.4M | 7.3M | | | | Suggested Readings | Fundamental Highlights Technical Highlights | | | Forex Brokers | | | Sponsors |  The World MoneyShow Hong Kong, April 21-23, 2010 at the Grand Hyatt Hong Kong! You'll meet legendary investment experts Steve Forbes, Mark Mobius, Marc Faber, Alexander Elder, John Bollinger, and many others. You will hear and profit from the experts' in-depth insights into global macroeconomics, equities, futures, forex, asset allocation, and more! Conference details and Registration! 
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