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Three Most Pressing Themes for Global Markets in Q3

- Today marks the beginning of the third quarter of 2016, and it’s already been an eventful year. Today, we look at three of the more pressing themes for global markets as we move into the fresh quarter.
- While Brexit discussions may continue to dominate the headlines, it’s not likely that we’ll see Article 50 triggered anytime soon. But the threat of Brexit/populism/political volatility could still dominate major market themes, and we touch on those below.
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Quarterly Report: Q3 of 2014

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Dear traders,
Instead of getting nearer to a long-awaited robust global economic recovery, it seems we have been moving in the wrong direction after all. In place of positive reinforcing signals that the world’s largest economies are finally feeling the effect of remedy in the form of expansionary monetary policy, we are receiving soft and not-so-soft hints that the end of an easing cycle might not be as close as initially anticipated. In effect, we could be far from normalisation, w…
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EUR/GBP - Bearish price action !

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements.
  • Prepared with : JForex 4.
  • Current Level : 0.8141
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Metal_Mind 25 June

UPDATE 1:EXCELENT PREDICTION. The pair had the bearish price action that i managed to predict so accuratly. In the first chart i  draw some support zones towards which the price action might be heading and where it can encounter resistance. My wiew at the time of analysis was that  the sell wave will find support at 0.8337 price level but the  momentum was much strong and the price action pushed lower finding  support in its lowest point at 0.7957 which is only 4 pips away  from 0.7953 my second support that i draw in the first chart.

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Metal_Mind 25 June

UPDATE1 -Part 2 :As i mentioned in this analysis the red circled area in the first chart was  very important  because it helped me predicted & project future price action developement based on historical price reaction. This idee of mine proved very accurate if we take into consideration that the pair found support at 0.7957 ,only 4 pips away from the support that i draw in first chart.Current price level is 0.8024 which is only 72 pips bellow  the target.This one truly remarkable prediction and has all the premises to hit the target.

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Metal_Mind 27 June

UPDATE 2: The deviation from target increased in the meantime  to  96 pips. This prediction still remain in the books.

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