Skip to main content

January 8th – 13th 2017

Weekly comprehensive analysis
For the period between January 8th – 13th 2017

Happy New Year J, we apologize for the previous period cut off. It was deliberately due to the case of uncertainty and low volume trading by the end of the year.
Previous week:
Previous week was quit week, although it holds the US unemployment rate. Volumes and volatility were unexpectedly low. We have seen a significant bullish movement on the EUR USD pair on Thursday resulted by the expectation of low numbers on Friday.
 Despite the bad employment numbers issued on Friday, the EUR/USD moved bearishly due to 2 reasons. Firstly; Friday the congress convenes certify elections results, which for sure pushed the USD higher. Secondly; the oil prices tend to retreat this day.
Other important event occurred week which is the FOMC meeting minutes. The most highlighted points in that meeting are; the economic projections of the FED board of members & FED presidents the GDP won't be more than 2.4 at most, unemployment between 4.6 -4.7 inflation 1.7-1.9 and interest rates would be 0.9-1.8. The other point is that the report had referred to the uncertainty many times, [the future path of the federal funds rate is subject to considerable uncertainty].

Next week:
On the technical side, there is a big uncertainty level. Also on the fundamental view we have nothing considered important, economic calendar holds the Swiss unemployment rate. Markets seem to be waiting for something to trigger it, and increase the volumes.

What will be my next trade?
          As I said before if will be uncertain week, and the forex market waits or something to pull the trigger. Every pair could give double signals, and I would prefer to the next week to decide what will be my medium term trade. However; if I would give advice only for the best trade not the assured trade, I would refer to our MFI indicator that gives us a good signal for the NZD/CHF short trade TP: 0.6830 and SL: 0.7300
For more medium term and daily signals;
info@marketstitan.com
www.marketstitan.com

Wishing you successful trading J


Popular posts from this blog

Markets titan Markets Titan team is working by a methodology whereby it relays on a new strategic equation by which is spots the compatible pair of currencies, now we would like to share that with others. The weekly analysis is going to cover he important events during the upcoming week and direct you towards the best trade not to waste your time and money on fake analysis of the infinity forex websites. It is very simple only $ 2 a weekly report to spot the best pairs accompanied by starts and stops The analysis is divided up into three main parts. First is quick glance to what happened last week and the results of our previous analysis. In the second part we highlight the next week important and influential events, and in the third part we are going to spotlight the   pairs with the heights probabilities. download now for only $2.99 per week.  or take the one 3 month offer of $24 only. payment to...
Read more
WEEKLY COMPREHENSIVE ANALYSIS FOR THE PERIOD BETWEEN January 22 nd – 27 th , 2017 Previous week: Tough but nice week. I describe it that way because despite that fact that it holds a lot of talks and volatility, but it makes the picture clearer than the previous 2 months. The main points on Mr. Draghi`s speech was that the interest rates are expected to remain unchanged for long period of time with the probability of decreasing it more. Also the APP program will remain at 80B till March through February, and it will be decreased to 60B till the end of 2017. Finally he said that the economic growth in the euro area still dampened by sluggish pace of implementation of structural reforms in the Euro area. Of course the speech made by Mrs. Yellen before the commonwealth club was very hawkish, and may be that what drives me to say that that week made the view clearer. She put it very well  when she said that she and the all of the other members are expecting interest r...
Read more
Weekly Comprehensive Analysis For The Period January 29 th – February 3 rd 2017 Previous week US and UK GDP but the most significant event over the past week was the New Zealand CPI, which came over previous months and over expectations. Markets gave to response to the Washington London meeting. On the other hand, we can find that markets gave a bottom for the GBP and buyers started to long short trades. Next Week:           Despite the fact that we are focusing more on the political calendar more than the economic calendar, we don’t ignore it when it comes to the Federal Reserve Bank & Bank of Japan policy statement and interest rates decision.  Fed & BOJ releases are some of punch of news coming next week.  We have also Euro CPI and GDP, US & New Zealand unemployment rate and RBA monetary statement.            So every day in the week we have very st...
Read more