During the day on Thursday, we get a handful of announcements that could move the marketplace. We get the ECB releasing an interest rate announcement and of course the following statement, we get initial jobless claims coming out of the United States, and of course we get retail sales coming out of Great Britain.

CAC

The French markets initially fell during the day on Wednesday, but found enough support at the €4500 level to turn around and form a relatively positive looking candle. If the market can break above the 4525 level, it’s very likely that call buyers will be encouraged to continue to trying to push the French market higher.

Gold

Gold markets had a fairly decent session on Wednesday, and should continue to bounce based upon the recent days that we have made. It looks as if the call buyers are interested, and a break above the $1280 level could bring in even more enthusiasm from the bullish community.

USD/JPY

The US dollar fell against the Japanese yen during the day on Wednesday, but there is a certain amount support at the 103 level, and essentially a “floor” in this market at the 100 level. With this being the case, it’s likely that call buyers will try to get involved in this market at the first signs of support as a represent value.