US stocks gapped higher on Goldman Sachs earnings but key resistance still lies ahead for many instruments ahead of a day with lots of high-impact data.
Data: Watch today with AUD Employment data, GBP GDP, the ECB rate update and US Retail Sales data.
Earnings: Some big names report on Thursday:
DXY daily: lower again last session BUT note the long lower shadow. Watch 96 for any new move; especially with today’s ECB rate update:
Trend line breakouts:
EUR/USD 4hr: this TL b/o is now up 140 pips BUT watch the 1.14 level with today’s ECB rate update:
USD/JPY 4hr: lower BUT watch 107 for any new make or break:
Other markets:
S&P500 4hr: higher BUT still struggling at the recent High so watch this for any new make or break:
ASX-200 4hr: watch 6,100 for any new make or break:
Gold 4hr: watch TL for any new b/o:
AUD/USD 4hr: watch 0.70 for any new b/o:
AUD/JPY 4hr: watch 75 for any new b/o:
NZD/USD 4hr: watch trend lines for any new b/o:
GBP/USD 4hr: watch trend lines for any new b/o: