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Showing posts from November 29, 2015

Comprehensive weekly analysis Nov. 29, 2015

 This week as expected was volatile week as expected until the next Fed anouncement where we don’t expect any raise for the interest rate. The childish unethical announcements from both the ARB head and specially with was explicated from the ECB Mario Draghi, leads the markets to some volatility specially that the dollar was absent this period due to the thanksgiving. Any was the fundamental indicator MFI didn’t change and it leads to the same directions. From our opinion no important events happened the previous week, the US GDP gives no new. NEXT WEEK Next days will be very heavy weighted we have RBA interests and US non farms. Our strategy will remain the same with some cautious with AUSSIE trades, so if you didn’t open the aussie trades yet you should wait until Tuesday, not to wait the RBAs decision but inly to avoid the probable divergence that could happen if the RBA decided to cut the rates. It is not expected to see rate cute this time , despite that if it...

Comprehensive analysis for the upcoming week (Nov.22.2015 - Nov 29.2015)

Previous week: We have seen a consalidative week thus everybody was waiting for the Fed to raise the rates to break out USD buying rally. as we have seen the Fed didnt pull the trigger yet. Technically we can find the pairs stopping in resistant or supportive levelsthat add more fog to the vapor arising from the fundamental calender. Current stuition: It is not a secret that all central banks polucy is to reach 2% inflation so that they can raise the rates. If we looked for every country's data we will find the following; USA despite the enhanced employment situation, the CPI is 0.2, from 1.3 from the same tine in 2014, besides frustrating GDP, it will be a time wasting if we expected higher interests in december. EU has the same picture, dramatic drop in the unemployment which is the lowest since 2012, besidesHICP 0.1 compared to0.3 same time previous week. Same picture in the UK Japan Swiss and Canada only AUSSI can have a little bit higher than the others with 0.4 infl...