TradingView
affinity139
May 7, 2016 8:55 AM

A BULLISH WEEK BUT NOT SO STRONG Short

EURO / U.S. DOLLARICE

Description

Last week saw a decline in risky asset as i predicted on the weekly chart i published last but with mixed reaction(my jpy index declined instead of a rally) and i am guess that is why eurusd failed to hold it's gain and declined so next week analysis is predicting on a risky assets rally( AUD, CAD, NZD and even GBP), i guess it is a correction to the two weeks consecutive decline. i will be selling low yielding pairs and safe havens and buying high yielding currencies, though with caution because our monthly chart is saying a massive decline for May. lower your leverage for it is an anti-trend trading.My guess is that U. K Pounds will rally more than AUD even as AUD is riskier than GBP because of their interest rate report next week
GOOD LUCK WITH YOUR TRADES
More