Skip to main content
Weekly comprehensive analysis
for the period between May 15th – 21st 2016

previous week:
Well done, previous week we have seen addition to our medium term trade (GBP/NZD), however; we have seen some consolidation on the pair because the EUR/GBP and the GBP/JPY have reached the 50% retracement we have seen also, some bad economic news released from china which affected our trade negatively at the beginning of the week, then we got on the right track.

Next week:
Next week the sea is going to be quiet, nevertheless; we will face the GBP CPI which will surely affect our trade. However we except the effect wont be for long time , even if the actual numbers missed the expectations. On the technical side, it seems that the the the EUR/GBP and GBP/JPY looks to turn over, on the the hand it seems that the EUR/NZD and NZD/JPY are giving a kiwi bullishing indicators, so,

What I my favorite trade next week:
Due to the technical side we see that their wil bew a risk aversion from the GBP/NZD pair due to tuning of the UK CPI till Tuesday, If we get posisitive numbers   I am going to continue on my way till the 50% reteracment of the GBP/NZD with TP 2.2640 and SL: 2.0400.
If the numbers are not so good, I am going to wait till the next week.

Good luck J
www.marketstitan.com
info@marketstitan.com

Popular posts from this blog

Weekly Comprehensive Analysis For The Period January 29 th – February 3 rd 2017 Previous week US and UK GDP but the most significant event over the past week was the New Zealand CPI, which came over previous months and over expectations. Markets gave to response to the Washington London meeting. On the other hand, we can find that markets gave a bottom for the GBP and buyers started to long short trades. Next Week:           Despite the fact that we are focusing more on the political calendar more than the economic calendar, we don’t ignore it when it comes to the Federal Reserve Bank & Bank of Japan policy statement and interest rates decision.  Fed & BOJ releases are some of punch of news coming next week.  We have also Euro CPI and GDP, US & New Zealand unemployment rate and RBA monetary statement.            So every day in the week we have very st...
Read more
WEEKLY COMPREHENSIVE ANALYSIS FOR THE PERIOD BETWEEN January 22 nd – 27 th , 2017 Previous week: Tough but nice week. I describe it that way because despite that fact that it holds a lot of talks and volatility, but it makes the picture clearer than the previous 2 months. The main points on Mr. Draghi`s speech was that the interest rates are expected to remain unchanged for long period of time with the probability of decreasing it more. Also the APP program will remain at 80B till March through February, and it will be decreased to 60B till the end of 2017. Finally he said that the economic growth in the euro area still dampened by sluggish pace of implementation of structural reforms in the Euro area. Of course the speech made by Mrs. Yellen before the commonwealth club was very hawkish, and may be that what drives me to say that that week made the view clearer. She put it very well  when she said that she and the all of the other members are expecting interest r...
Read more
Weekly comprehensive analysis For the period between November 28 th – December 2 nd 2016 Previous week:           We have seen couple of speeches and no more. Also the market has been volatile with direct upward to the JPY pairs. Next week:           We have two major events the OPEC meeting on November the 30 th and the Non-farm payrolls, in addition; we have Mario Draghi speaking on Wednesday. The next Nonfarm and unemployment rate numbers are especially very important, because these numbers will deicide weather if the Fed will raise the interest rates on December 14 th . So it is obvious that this week is obviously volatile.           In the upcoming week we will see some retracements on the major trends as the EUR, USD and GBP pairs. So be cautious if you are short or medium term trader. My strategy next week: It is bett...
Read more