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TRADING HEADLINES

• US, Asian and European shares expected to rise this week
• EUR/USD in slow decline early, some recovery later this week
• OIL expected to edge up slowly this week
• GOLD expected to rise as investors await cues for further monetary stimulus
• AUD expected to drop off of four month highs reached last week
• GBP expected to rise against major currencies throughout the Olympics

HOW CAN I MAXIMIZE MY PROFIT THIS WEEK?

WHAT SHOULD I TRADE?

• USD/EUR
• GBP/EUR
• GBP/USD

WHAT ARE THE TRENDS?

Short term recovery for Indices, Commodities, and Currencies/Forex

 

WHAT ELSE SHOULD I KNOW?

• ECB meeting later this week will trigger greater predictability for EUR.
• Keep watch on JPY and Japanese stocks for positive movement.