The US$ index traded higher again on Thursday and stocks have recovered some of the previous day’s losses after the print of better than expected US GDP data. Gold and Commodity currencies moved lower on the US$ gains. The S&P500 looks to be printing an indecision ‘inside‘ candle for the day so traders will need to see how price action moves from here.

 

Data: there is a lot of data to see out the week:

 

Earnings:

 

 

CSI daily: the AUD remains week:

 

DXY daily: watch for any momentum breakout above the Cloud:

 

VIX daily: an inside indecision candle day here too after the big move from the previous day:

 

Trend line breakouts:

Gold 4hr: lower for $35:

 

S&P500 daily: note the inside candle forming here after the big drop from the previous day. Watch 3,200 for any new make or break:

 

ASX-200 4hr: note the bounce up from the 61.8% fib BUT watch 6,000 for any new make or break:

 

EUR/USD:

EUR/USD 4hr: lower for 90 pips after the ECB update:

 

EUR/USD 15 min: note the great range breakout move here for 55 pips and 2 R:

 

AUD/USD 4hr: this b/o move is at 100 pips BUT watch 0.70 for any new make or break:

 

AUD/JPY 4hr: this b/o move is still at 80 pips as the slide slowed given stocks had a better day:

 

GBP/JPY 4hr: this b/o move is still at 130 pips BUT watch the support trend line  for any new make or break:

 

Other markets:

GBP/USD 4hr:  watch the 7-month trend line for any new make or break:

 

USD/JPY 4hr: watch for any trend line breakout:

 

USD/CAD daily: watch for any momentum breakout above the daily Cloud: