WEEKLY COMPREHENSIVWE ANALYSIS FOR
THE PERIOD BETWEEN
(JULY 11th 2016 - JULY 15th,
2016)
Previous week:
Previous week we had seen couple of
important events. The Australian rate decisions, which was unchanged. The US non-farm
payrolls, which was better numbers but accompanied with raise in the
unemployment number. Also we had seen the drop in the NZ Dairy auction whole
milk powder from 2118 to 2062 as forcasted in the NZRB monthly report. Also we should refere to a very important point, the GBP did not fill the gap bwtween mist if the major currencies yet, which consisted a catiiys situation for the next week's trades.
Next week:
We are waiting for a punch of news
which will be affecting our trades directly. We have the China CPI and GDP. We have
to know that the Chinese numbers has a direct impact the NZD and the AUD.
Next we have the BOC rate decision and AUD unemployment rates .Thursday we have the UK
rate decision. We have an absolute believe that it will not rise, however we
have a fear of potential cut due to the uncertainty caused by the BREXIT.
My trade next week:
We have a pretty nice two patterns
next week accompanied with our developed indicator (MFI) positively:
I will be waiting untile wednsday if the AUD, chinese numbers were negative with postive CAD employment rate, i will be in otherwise i will be out this week. First NZD/CAD: target 0.8600
Second short AUD/USD: with target 0.6800
Happy to receive any comments info@marketstitan.com
Best wishes and happy trading J http://www.marketstitan.com