Mohammed Abdulwadud Soubra / Profil

British Pound Unmoved on Best BRC Retail Sales Data in 6 Months Talking Points The British Pound was little changed against its major peers BRC retail sales gained 1.1% (YoY) in July versus -0.7% seen SSI shows that 66 percent of GBP/USD traders are net long...

Pivot Points Daily Last Updated: Aug 9, 12:10 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.08646 1.09801 1.1031 1.10956 1.11465 1.12111 1.13266 USD/JPY 99.176 100.371 101.077 101.566 102.272 102.761 103.956 GBP/USD 1.27779 1.29317 1.2997 1.30855 1.31508 1.32393 1.33931 USD/CHF 0.95765 0.96805 0...

Pivot Points Hourly Last Updated: Aug 9, 12:05 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.10693 1.10769 1.10815 1.10845 1.10891 1.10921 1.10997 USD/JPY 102.327 102.378 102.402 102.429 102.453 102.48 102.531 GBP/USD 1.30271 1.30336 1.30357 1.30401 1.30422 1.30466 1.30531 USD/CHF 0.98069 0...

EUR/JPY Technical Analysis: Down-Trend at ’Decision Point’ Talking Points: EUR/JPY Technical Strategy: Big-picture down-trend working on higher-lows, very near longer-term base of support. EUR/JPY is up over 100-pips off of last week’s lows and fast approaching prior price action support...

Pivot Points Hourly Last Updated: Aug 8, 2:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.10612 1.10736 1.10817 1.1086 1.10941 1.10984 1.11108 USD/JPY 101.356 101.733 101.975 102.11 102.352 102.487 102.864 GBP/USD 1.30529 1.30621 1.30675 1.30713 1.30767 1.30805 1.30897 USD/CHF 0.9784 0.97935 0...

Pivot Points DAILY Last Updated: Aug 8, 12:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.08646 1.09801 1.1031 1.10956 1.11465 1.12111 1.13266 USD/JPY 99.176 100.371 101.077 101.566 102.272 102.761 103.956 GBP/USD 1.27779 1.29317 1.2997 1.30855 1.31508 1.32393 1.33931 USD/CHF 0.95765 0.96805 0...

Pivot Points WEEKLY Last Updated: Aug 8, 12:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.07437 1.09317 1.10069 1.11197 1.11949 1.13077 1.14957 USD/JPY 97.453 99.605 100.693 101.757 102.845 103.909 106.061 GBP/USD 1.24502 1.28006 1.29315 1.3151 1.32819 1.35014 1.38518 USD/CHF 0.93588 0...

Gold Prices Move Lower After Blowout NFP Stokes Dollar Strength Fundamental Forecast for Gold:Neutral Gold Prices Rejected at July Highs After Stellar NFP Gold prices rejected after poking above the 2011-2012 Trend-line Last week ended with another bump higher in Gold prices as an abysmal U.S...

Yuan Volatility Elevates During Heavy Week of Data Fundamental Forecast for the Yuan: Neutral China’s Market News: PBOC: Dollar/Yuan Flexibility Will be Increased China’s Market News: Investors Worry about Strict Rules on Stocks, PE This week, both the onshore and offshore Yuan weakened against t...

RBA’s Lack of Dovish Forward Guidance Provides Support For AUD Fundamental Forecast for the Australian Dollar: Neutral • Dovish Components RBA’s SMP Mainly Result of External Factors, Favoring AUD Resilience • Australian Dollar Sentiment Points to Gains • For up-to-date and real-time analysis on...

Japanese Yen May be Days Away from a Significant Break Lower Fundamental Forecast for JPY: Bearish Disappointing policy stimulus leads traders to send Japanese Yen significantly higher Blockbuster US labor market data saves the USD/JPY from a much larger decline The Japanese Yen finished the week...

Post-BoE GBP/USD Weakness to Persist; Downside Targets in Focus Fundamental Forecast for GBP: Bearish GBP/USD Plunges on BoE Rate Cut and More QE, Growth Outlook Slashed COT-Record British Pound Ownership Profile GBPUSD stands at risk of giving back the rebound from the July low (1...

USDollar Resuscitated by NFPs but Bulls Difficult to Keep Satisfied Fundamental Forecast for Dollar:Neutral A 75,000 job ‘beat’ by the July NFPs data bolstered growth prospects and lifted the chances of a 2016 hike to 47 percent Volatility readings have tumbled this past week with the FX measure...

Weekly Trading Forecast: NFPs Versus Stimulus Changes the FX Market’s Standings The cumulative pressure between BoJ and BoE stimulus upgrades along with a strong US NFPs these past weeks has revived risk appetite and monetary policy advantages. Yet, can these themes survive slipping confidence...