Comprehensive
weekly analysis Dec. (21-26) 2015
What was
on last week:
Congratulations to traders who followed our trade previous
week. Shorting GBP/USD was the biggest
USD pair mover on the market upon the Fed releases. The Fed release was
irrational but expected for some reasons,
First: the Fed is afraid
of letting the money moves out of the USA to other destinations. These destinations
could be number 1 China which has continuous and consecutive raising GDPs and
interest rates. Add to that the IMF had considered the renminbi one of the SDRs
beginning from October 2016, which will be reflected for sure on the FOREX
SCALE. The scale will disrupt, and the equation will be changed.
Secondly, most of developed economies had a bulling GDP the
last quarter. The ECB is getting ready for
the first raise from many years.
Secondly, it is apparently that the USA wants to keep the oil
prices at the bottom for political reasons.
What will happen next week:
Next week will be a nice one (merry charismas for you all). No
fluctuations.
What will be our next trade:
It is apparently that there are some fluctuations and
volatility accompanied with irrational movements in the market after both the
ECB and BOJ releases. The market had given
unexpected opposite direction divergences. As a result we advise to avoid
trading the EUROS for the next month specially EUR/USD it will be unexpected.
For our AUD/JPY long
trade, the divergence is at the bottom
of the trend line and should move higher to 92.10 but, any further decline should be the stop lose, just be patient
and follow our comments at twitter.