Analysis from TeleTrade

Anna92

Trader
May 11, 2017
4
0
7
31
Market overview from June 26 to June 30

In the past week, the market volatility was quite unstable and the currency pair USD / CAD - GBP / USD - GBP / JPY. Economic information is not much but through personal speeches make the market fluctuate very strong. However, the main trend of the currency pair is also somewhat expressed when the closing session of the week the pairs all increased strongly.
This week, the market will receive many speeches of bank governors from EU, Japan, UK and USA. On Wednesday at 20h30 will be the same speech of bank governors of four countries and this day is predicted market potential risks in many transactions. In addition, the ECB and UK will focus on the ECB, which is also seen as key factors that can significantly impact the market as well as currency pairs such as EUR / USD - GBP / USD - GBP. / JPY.

In general, this week we should prioritize EUR / USD - GBP / USD - GBP / JPY trading, the uptrend is clearly visible in medium and long term. Therefore, priority should be given to buying these currency pairs for the week with higher targets than the old one at H4.