SSRS Deploying error


i am trying to deploy an SSRS report in VS 2008, it throwing the error

Error 1 Unable to connect to ax5-w8-01/…/ReportService2005.asmx as specified in the config file for the report server at C:\Program Files\Microsoft SQL Server\MSRS10_50.MSSQLSERVER\Reporting Services\ReportServer\RSReportServer.config. If this url is not correct please update the config file, otherwise make sure the report server is configured correctly. C:\Program Files\MSBuild\Microsoft\DynamicsTools\Microsoft.Dynamics.Framework.Design.Reporting.Modeling.targets 374 8 DynamicsReportsLibrary1

Can anybody help on this ???