commentary

hello traders,

important this week:

mon:
chf - ppi
eur - trade balance
cad - retail sales

tue:
chf - trade balance
eur - c/a , zew index and industrial orders
cad - cpi
jpy - trade balance

wed:
nzd - trade balance

thu:
aud - house prices
chf - employment
eur - ifo index
us - durable good orders and new home sales
jpy - cpi

fri:
gbp - gdp

usd softer during asian session and european session but:

usd-jpy - testing support at 115,50 below this 115,20 and 114,70, very strong resistance 115,90 - 116,20 region...
trading idea: sell at 115,85 s&r 116,30 tp 115,20 ( for eventual long 117,30 )

eur-usd - 1,2900-15 strong resistance... above 1,2970 possible
holding short with sl above resistance and open tp....

eur-jpy - eur looks strong today , tested 149,10 level but...
some profit taking from long we could see ahead eur and jpy data later this week...

trading idea: counter trend short near 149 tight sl above 149,20...


cad - watch todays data, if will be worst than expected sell cad ahead tommorow cpi data

good luck, good trades