MARKETS TITAN

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 better this week if you kept patient and wait till you see the US numbers; if the US numbers was better than expected I am longing USD/JPY

But if I want to have a quick meal, I will short CAD/CHF and TP: 0.7420 SL: 0.7550

If it is under expected: I am going to long EUR/USD

Good luck J

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