A Flat day

After finally see the NFP data on Friday and the experience of the valorization of the US because the unemployment rate went down 0.2% wich mean that on April, USA coudl not creat more "Jobs" but theres is less unnenployed. At my point of view its something interesting...

Last time i wrote about the DXY and the possibility for the index to climb to the next resistance zone. Thanks to the Macro data back on friday the index hit the target, and now it seems to be loosing its "Momentum" and start a correction. If the correction is confirm we can speck that the index will back to 91.50 points area. We need to wait for tomorow for the Jolts reports and the Economics prevision for EU so we can be sure tha this week, the DYX will correct all the way up that has been experience lately.

USDCAD

USD CAD, definitely looks pretty for a short entrance, but we need to be careful. The price need to stay under the 1.295 for a correction looking for targets like 1.27849 and 1.27100.
The issue is that this week Canada have some economic data that could help the shor entrance or "kill it" and take the USDCAD to the Next level which is 1.30. Take a note and be careful.

USDJPY

After an almost a year that USDJPY has been operating in a "range trend" in february finally broke its trend for apparently start a new low trend, but now seems to experiencement a "Pull Back" to continue its low trend. We have to be cautious this may look a low trend, but its not confirm yet, so keep an eye on it.
Is you are looking a short entrance, you may want to look at
108.30 Target 1
107.80 Target 2
105.669 Target 3

Please be carefull and thank you for your time reading.

Greetings. Saul Q.