The US$ and S&P500 index are trading near major resistance zones as the week comes to an end. This is keeping many of the trading instruments that I monitor in range-bound activity. However, some late news about plans to re-open parts of the US and about a Covid-19 drug have helped to lift risk-on with stocks and Oil.

Data: watch today with CNY GDP and EUR CPI.

Earnings:

DXY 4hr: the index is struggling at the key 100 level and top of the 4hr Cloud so watch this region for any new make or break:

Markets:

S&P500 4hr: the index is getting close to the key 2,900 / 3,000 region that I previously identified as a major make or break level:

ASX-200 4hr: still near the key 5,450:

Gold 4hr: still near $1,700 S/R:

Oil 4hr: note that US Futures are well up on US news:

EUR/USD 4hr: a bearish break but doing little:

AUD/USD 4hr: still declining momentum here but holding above 0.625:

AUD/JPY 4hr: being dragged along with stocks so watch for any push back to 0.70 S/R:

NZD/USD 4hr: watch 0.60 for any new make or break:

GBP/USD 4hr: watch 1.25 for any new make or break:

USD/JPY 4hr: watch 108 for any new make or break:

GBP/JPY 4hr: watch channel trend lines for any new make or break: