Thursday has several announcements coming out, including retail sales in the United Kingdom, CPI in the European Union, the monetary policy note coming out of the ECB, unemployment claims coming out of the United States, as well as the Philly Fed manufacturing numbers.
Nikkei 225
It appears that the Nikkei 225 continues to bounce around quite a bit, but during the Wednesday session we had a bit of support enter the market at the ¥16,600 level. It appears that the market is trying to build up momentum to break out to the upside. Call buyers should be encouraged by this.
USD/CAD
Recently, the Canadian dollar has rallied quite a bit against the US dollar. It appears that the buyers have continued to jump into this market every time it tried to pick up any positivity, and the Wednesday session was no better. With this, it appears that the put buyers are very much in control when it comes to this particular market.
Silver
Silver markets initially fell during the day on Wednesday but continued to find call buying at the $19.50 level. Because of this, it appears the market is still ready to consolidate overall and therefore call buyers may come in to take advantage of the range that reaches towards the $20.50 level.
USD/JPY: Sharply fall.
The US Dollar declines against the Japanese Yen, testing the support at 100.00. Put buyers might be interested for the market in order to increase their positions.
On the other hand, call buyers might looking for opportunities above the support area.
EUR/USD: Bullish.
The pair EUR/USD is trading upwards, just a bit above the 1.1300. It would not be surprising for the pair to continue to this direction where call buyers will probably interested for the market.
Otherwise, a reversal downward move could offer opportunities to buyers of put options.
FTSE100: Found resistance.
The Index FTSE100 is in a bullish momentum, but found resistance at the area of 7000.00. With this being the case, call buyers might attempt to the market.
Contrariwise, a reversal downward move could attract put buyers.
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