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Showing posts from January 24, 2016
Comprehensive weekly analysis For the period between February 1 st -6th, 2016 Previous week:         J CONGRATULATIONS J  GBP/AUD has achieved about 1400 pips from the beginning until now, EUR/AUD achieved about 200 PIPs, and EUR/NZD is seeing some consolidation. Previous week have seen many big events, but the biggest one was the Fed rate decision. As we said previously it is very hard to expect another raise as all the fundamentals are against it, moreover this will lead to unbalance in all markets. Yellen gave us a strong indicator for none raising the interest rate for at least two times by saying “ Inflation is expected to remain low in the near term”, also she added “The Committee is closely monitoring global economic and financial developments” which means that there are other international developments could affect the committee decision as China. Next week:         We have 2 major event...
Comprehensive weekly analysis For the period between January 25 th – 29 th 2016 Previous week:             SUPERB our GBP/AUD has achieved 1000 pips until now and not finished yet. Also the EUR/JPY gives us about 150 pips, while EUR/USD gives the most (300 pips). Previous week was so hot; Mario Draghi announcement was quite explicit and clear. He stated that the current policy need to be amended and the interest rate will not rise sooner, moreover it is possible to see more cuts. The target of the ECB is not changed concerning the inflation percent of 2% yearly, also he stated that the low oil prices will affect the inflation process not on the short term but on the long term. Next week:             Next week is easier than the previous one. There are no major events, despite that we have some important events that effects our trades like he AUD CPI and NZD inte...