Opening Price Gap

USD INDEX

The week long Lunar holiday will provide some breathing room for some investors for the stock market.  The week's mild US reports within a thinly traded market will be an opportune time for the USD price recovery along with its counterparts which already opened with a gap from their closing prices.  

The probability of returning market volatility after the China market holiday will be in focus as a similar trading scenario could occur upon opening of trading. A mirror image of  new price cycle of new highs / lows & trend direction is anticipated  to set the pace after the USD Index (DXY) marked a new low @96.25. basis point. Alternating currency moves after this week's US  data will clear uncertainty. New trade-set-ups would provide a better glimpse of the majors as it resumes normality in trading activity. 

Opening Price GAP