Week ahead – CADJPY, GBPCHF

Batteries recharged and mindset SET!, I am ready for the next week. Looking at the calendar we can expect pretty heavy week on news releases. AUD and CAD are releasing their unemployment changes, GBP will held the meeting for Bank Rate settings and again the most active days of the week will be Tuesday and Thursday. With only few gaps at the open (GBP gapped lower on all pairs mostly on GBPCHF) we can expect Monday morning to be bit boring looking for directions and waiting for USD Pending Home Sales at 16:00 GMT + 1 time.

For the next week I have uploaded two charts which I find interesting. I like the CADJPY for this week and I ll be watching it closely since it looks like an interesting setup from Weekly to hourly charts. The only question for JPY will be: When the Japanese authorities will intervene again? GBPCHF is also on my watch list. I like the slowdown, bounces back up and if the level 1.5518 is broken hardly I ll get in LONG. If you miss that, don't worry. There is always time to get in on retrace.

Have a good one.