Comprehensive weekly analysis
For the period between Dec28 2015 –
Jan 8 2016
Previous
week:
Well done for traders who did chose to short the GBP/AUD it had
gained more than 300 pips in the previous week. Nothing is too much important
you know it is the holidays J
Next 2
weeks:
Some economic data but don’t worry it will not affect the
trend of the pairs. We should also expect the next month a high pick in volume
because the stock market is so active in that month, also we should expect a
high volatility due to the ECB rate decision, which could raise the rates.
What trade
I will take next 2 weeks:
I will go on with my old 2 trades:
Long AUD/JPY with TP: 92.10
Short GBP/AUD with tp: 1.9300