jonathancamilohoyos

jonathancamilohoyos

As I published early this week, tomorrow will be the Bank of Canada's meeting, the market doesn't wait a particular change, so the reaction of the pair USDCAD , will be affect by the stimulus and economy outlook.

jonathancamilohoyos

As I published early this week, tomorrow will be the Bank of Canada's meeting, the market doesn't wait a particular change, so the reaction of the pair EURCAD, will be affect by the stimulus and economy outlook.

jonathancamilohoyos

This week The Bank of Canada (BoC) is meeting on Wednesday to discuss about monetary policy, so "but investors will be looking to see if the BoC looks to adjusts its inflation approach like the Fed to accommodate greater flexibility. Canadian labor market numbers were also released on Friday and, like the U.S., the data was mostly better than expected. Job growth...

jonathancamilohoyos

This two set up could be trade as the week moves ahead and the BCE meeting on Thursday about the monetary policy. As Kathie Lien shared on her article on investing.com "The ECB has a lot to consider when it meets next week, including the strong euro, increase in virus cases and the ECB’s review of their inflation target. COVID-19 cases in Spain are rising at a...

jonathancamilohoyos

The 1,545 level had became in a support, so we should wait to retest that zone again to enter into the trade in the renounce to 1,555.

jonathancamilohoyos

this should be a set up to trade this week in USDJPY, we can see a small up-trend, so we could take advantage of a renounce in the last support of 106,218 and also a Stronger USD this week. be careful tomorrow is bank holiday,

jonathancamilohoyos

The support of 1,568 had been passed. So we could wait a new pullback to test it as a resistance or confirm as a fake breakout and looking for a long trade.

jonathancamilohoyos

As the market is going forward this morning, the 4H candle passed the support, so we should wait for the retest to go short or the fake breakout to go long.

jonathancamilohoyos

USDJPY couldn't pass the resistance of 106,6. So the next week it could retest that zone to go down direct to 106,2 at first and then 105,50. This could be explain due to the USD weakness.

jonathancamilohoyos

The last two 4H Candle of this Friday Market crossed a strong resistance 1.568. So, for the coming week we could expect a correction to retest this zone and wait for a rejection to go long in this pair straight to 1.58