Traders, since it's Friday, the volatility will probably remain thin during the Sydney and Tokyo sessions. But, we can count on the European investors to move the market. So let's take a look at a few trade setups before the beginning the European session.

– Starting with the gold, as discussed in the previous update, I'm eyeing $1259/60 to remain in sell until $1252 with a stop above $1265.

– Nikkei – I have my buy limit at $19885 with a stop below $19825 and take profit  $20035.

– SPX// S&P 500 seems to be a good buy above $2462 as it's likely to target $2471.

–  EUR/USD is near the crucial trading level $1.1710. Below this, the pair is likely to remain in selling up to $1.1665

– CAC// FRA40 seems to be a nice buy at $5100 with a stop below $5075 & take profit at $5060.

All these setups are subject to change based on several economic events from the Eurozone, Canada & the United States. I highly recommend following strict money management strategies.