Weekly comprehensive analysis For the period between November 20 th – 25 th , 2016 Previous week: WELL done, our last trade gained 200pips till now. Previous week we saw how the dollar strengthened due to the Janet Yellen statement before the Joint economic committee. People interpreted Yallen`s statement by the optimistic and a strong signal towards rate hike in the next fed decision, and that is how markets interacts. Also some other people also expected that the hike is imminent due to the raise in USD index VIX. In our openion it is not that explicit. Yallen have said that the inflation prices raised in September 1-1/4 ……., BUT STILL BELOW THE FOMC`S PERCENT OBJECTIVE!!!!! Also she said "……AND A RETURN OF INFLATION TO THE COMMITTEE`S 2 PERCENT OBJECTIVES OVER THE NEXT COUPLE OF YEARS" . And the most powerful statement "…INCREASE IN THE TARGET RANGE HAD CONTINUED TO STRENGTEN AND THAT SUCH AN INCREASE COU...
WEEKLY GENIUS ANALYSIS