Weekly comprehensive analysis For the period between November 14 th – 18 th 2016 Previous week: WELL DONE, our EUR/GBP short selling has been achieved with profit around 400 pips. Previous week we have seen major events, the most significant event was the US elections, which leaded to the winning of the Republican Party. Electing a president leads to high liquidity in the markets, not accompanied with too much volatility. It is important to notice that the BOE was pushing the currency to low as much as it can before the results, but once the result released it stops gradually the interfering processes gradually. Which pushed our EUR/GBP to its target? Also, we had seen the New Zealand reserve bank cutting the interest rate. The bank justified that by some reasons the most important was the uncertainty and the low interest rates of the other countries that kept the NZD upwards. Next week: Next week is going to have is so crowded. Just after the markets opens we...
WEEKLY GENIUS ANALYSIS