The Canada Consumer Price Index (CPI) for March will be released on April 18. Inflation is expected to fall to 4.3% y/y (below the CB rate). A similar Japan CPI indicator will be released on April 21st. Recall that on April 12, Bank of Canada kept the rate at 4.5% for the 3rd time in a row. Its next meeting will be on June 7th. In turn, the meeting of the Bank of Japan will take place much earlier than April 28. It has kept the rate negative (-0.1%) since January 2016. The loose monetary policy of the Bank of Japan may contribute to the weakening of the yen. Note that in addition to inflation this week, many more economic indicators of Canada and Japan will be published
| Indicator | VALUE | Signal |
|---|
| RSI | | Sell |
| MACD | | Buy |
| MA(200) | | Sell |
| Fractals | | Buy |
| Parabolic SAR | | Buy |
| Bollinger Bands | | Sell |
Summary of technical analysis
| Order | Buy |
| Buy stop | Above 100,6 |
| Stop loss | Below 94,6 |