During the day on Tuesday, we get several mid-level announcements coming out of the United States and CPI coming-out of Australia, we could have a fairly straightforward day as a result, and at this point time we are paying attention to the following 3 assets:

Gold

Gold markets fell initially during the day, but quite frankly the $1300 level below was a massive breakout, and quite often markets have to come back to retest these areas. With that in mind, it would make quite a bit of a sense for call buyers to be found closer to the $1300 level for a longer-term move.

DAX

The DAX had a good day on Monday, breaking well above the €10,200 level one point. The €10,300 level above is a resistance barrier, and as a result it is very likely that the market will try to reach that area to test whether or not he can keep the sellers at bay. Pullbacks at this point in time will more than likely offer call buying opportunities, as the €10,000 level below should be massively supportive.

USD/CAD

The US dollar broke above the 1.32 level against the Canadian dollar during the day on Monday, and now looks ready to break out much higher as that area has been a significant barrier. The next resistance barrier that we see on the chart showing itself as obvious is the 1.34 handle. This is a market that should continue to go higher as long as oil prices continue to fall.