Forecast exchange index movement for the next week 14.03 -20.03.2016.

Forecast exchange index movement for the next week 14.03 -20.03.2016.

12 March 2016, 14:07
Alexander Pryakha
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Forecast exchange index movement for the next week 14.03 -20.03.2016.

1. AUD. AUD The Australian on Friday's closing -is the strongest currency of the Group of Eight. AUD 78 Index.
The Australian beat Canadian, so the fact is the trend AUDCAD buy.
You can also say with certainty that the Aussie is overbought.
But his finest hour is yet to come, the overhanging edges of the parabola toward the south -So far yet.
Because must necessarily be the momentum up,
to buy the AUD and the Australian will start to move down to the south - after the New Zealander and a Canadian NZD CAD.
Therefore AUDCAD buy, AUDNZD buy

2 CAD. The Canadian moved into second place. CAD 64 Index
Last tour as CAD Canadian champion -
seen last week on news of the interest rate for that currency.

3. GBP. Pound on the third place. 57 Index GBP.
Surrender Mr. Pound is going, and it may happen that by the end of next week - the Briton will be the new leader.
Pound as it upstairs by themselves, and does not break - but if it is necessary to become a leader, he was ready to lead the leadership of the Group of Eight.
Last week, the pound GBP already beaten the Pacific Maori NZD.
Further objectives of the pound will first Canadian CAD, as then Australian AUD.
Therefore GBPNZD buy, GBPCAD buy, GBPAUD buy.

4. NZD. New Zealand Dollar fell last week after the news about the interest rate for that currency.
 Maori ranked fourth in the rankings. NZD 52 Index.
NZD almost reached the equator, at the same time broke the correlation with the AUD, thereby AUDNZD formed bag with a large amount of overflow.
This bag will deflate quickly, so AUDNZD sell.
 The New Zealander is slow fall and probably will go into a correction, and the flat is near the equator
thereby wait for his falling colleague - Australian kangaroo AUD.
Hike up the New Zealander it seems - does not shine, because sales are promising Maori for the European currency.
Therefore EURNZD buy, NZDCHF sell.

5.CHF. Swiss gnome in fifth place. Its index of 47.
Parabola CHF owls recently wrapped the family towards the north, so promising Swiss will buy.

6. EUR. After the news, the ECB lowered the rate - the euro strengthened.
Immediately after the news market maker had an operation "AntiHook", namely pen with a bear trap for the bulls.
 Option trap was performed by the classical scheme:
where ousted weak market participants,
who has gathered the foot to buy early,
stops those who are counting on the continuation of the trend in the reduction of the euro,
also took up new passengers - at the last stop,
 and thus gathered a large amount of liquidity.
The index of EUR 35. The following week, promising to be buying euros.
Going north euros -very probable.
EUR USD has struck dollar and Japanese JPY.
Therefore EURUSD buy, EURJPY buy

7. USD. The US dollar index 33.
His trek down is not yet over.
Turn up the dollar will be the following scenario;
First goes down the Japanese JPY. Then the Japanese breaks the buck.
After the Japanese strikes dollar USDJPY sell, thus giving way to the weakest -dollar
 only then - the USD goes to the bottom, and then USD solemnly unfold for a hike to the north.
In the short term -dollar will continue to fall, promising to be the sale of dollars for the European currency.
Therefore USDCHF sell, GBPUSD buy

8. Japanese JPY - the weakest currency of the Group of Eight.
JPY Japanese index falls 31 parallel dollar USD, but still -JPY weaker, and his vacation in the south is not yet finished.

 The four currencies, which will intensify:
GBP, CHF, EUR, NZD.

The four currencies, which will weaken:
JPY, USD, CAD, AUD.

It would not be quite correct to write that will only intensify or weaken only,
those. movement of the index will be -te Parabolic and strong, and weaken.
Trading Plan next week, presented as a motion graphics currency indexes, where to get the data of the actual position of the index,
and carried out the construction of long-term movement of parabolas for the next week.

All nice weekend!


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