Some thoughts for upcoming week – USDCHF, CHFJPY, GBPUSD etc.

Happy easter to all traders. I hope all of you had a great extended weekend a get some rest for this week. In the upcoming week we have some interesting fundamentals coming out. Top three currencies with most fundamentals will be GBP, AUD and CAD. Again Thursday might be most volatile day of the week at least according to fundamentals. Here is fundamental table for this week(amount of most important news coming out for particular currency)

CALENDAR
MON	null
TUE	3xAUD, 1xGBP,1xUSD
WED	2xCAD,1xUSD,1xGBP, 1xCHF
THU	4xGBP, 2xAUD,, 2xEUR,1xUSD
FRI	2xCAD,1xUSD
MOST:	6xGBP, 5xAUD, 4xCAD

Looking at technical levels for T3 I will be watching these currency pairs in next few days. For tomorrow here is a list of currency pairs which are hovering around interesting levels:

EURUSD

USDCHF

CHFJPY

AUDUSD

USDCAD

EURJPY

I like the technical picture especially for USDCHF and CHFJPY and the level 88.43. USDCAD has broken through important level 1.0060 and it will be interesting to watch the reaction of the market to the 1.0000 level :). We will see what happens. I expect some retracement reaction at 0.9985. For more see image gallery and highlighted levels of entry and exit.

Looking at COT I am still bullish EURUSD but at the moment I am afraid the EURUSD will trade in a range slowly pointing up creating new higher highs with larger drops in south directions and then retracing again. $INDEX looks bearish at the moment but on both EURO and $INDEX there is no clear and 100% sign speaking for any particular direction.