All Blogs

To add a new post, please log in or register
Weekly energy supply data from the EIA Prior was -917K Gasoline inventories +1367K vs -300K exp Distillates -1801K vs +625K exp Refinery utilization +1.7% vs +0.5% exp...
Market News
  • 166
Sherif Hasan, 29 June 2016, 17:54
AUD/USD uptrend continues The Australian dollar is taking advantage of the continues improvement in risk sentiment. AUD/USD edged through Monday's high of 0.7451 before slipping back. The pair is clearly in a consolidation phase after a 350 pip post-Brexit fall...
Currency
  • 131
Sherif Hasan, 29 June 2016, 17:53
Stocks back into positive territory for the year The second day of post-Brexit gains is underway in the US stock market. The jump at the open broke the 50% retracement of the 120 point Brexit swoon. The index is currently up 18 points to 2054. The 61.8% retracement is a key level to watch at 2066...
Market News
  • 121
Sherif Hasan, 29 June 2016, 17:51 #S&P 500
May 2016 US personal income and spending data report 29 June 2016 Prior 0.4%. Revised to 0.5% Personal spending 0.4% vs 0.4% exp m/m. Prior 1.0%. Revised to 1.1% Real personal spending 0.3% vs 0.6% prior. Revised to 0...
Market News
  • 102
Sherif Hasan, 29 June 2016, 17:49
June 2016 German HICP and CPI flash report 29 June 2016 Prior 0.0% 0.1% vs 0.1% exp m/m. Prior 0.4% CPI 0.3% vs 0.3% exp y/y. Prior 0.1% 0.1% vs 0.2% exp m/m. Prior 0.3...
Market News
  • 100
Sherif Hasan, 29 June 2016, 17:43
Below is GBPUSD H4 chart after Brexit. I will explain with ichimoku kinko hyo. Tenkan has continally upward direction. Chikou span makes higer point. And there is the resistence of Kijunsen and kumo...
Analytics & Forecasts
  • 235
  • 3
Chang Suk Chung, 29 June 2016, 17:15 #Ichimoku
On Brexit’s leave decision, EURUSD went down as was expected, fueled by the fear of an economic downturn in the Eurozone...
Analytics & Forecasts
  • 165
  • 1
Leonardo Barata, 29 June 2016, 15:40
Following the big Brexit, EUR/USD fell but at a much lower scale in comparison to the pound. What’s going on? The team at Morgan Stanley explains: Here is their view, courtesy of eFXnews: Looking for bearish ‘quasi GBP’ trades makes sense, but focusing on EUR is wrong...
Statistics
  • 151
Sherif Hasan, 29 June 2016, 14:41
GBPUSD On the GBPUSD we are observing a nice impulsive structure from the lows, where end of blue wave 5 was labeled. Currently we see the price in a corrective pullback, specifically in red wave b), which could be near completion as three sub-waves are already visible within it...
Wave Count
  • 347
Sherif Hasan, 29 June 2016, 14:39
Speculation continues mounting is the UK will indeed leave the EU or that there will be a regret on Brexit – Bregret or if you wish, an EU-turn or a Breturn. This big event is already taking its toll on the economy, but provides growth in new words...
Trading Systems
  • 106
Sherif Hasan, 29 June 2016, 14:37
Canadian GDP is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the Canadian dollar...
Trading Systems
  • 92
Sherif Hasan, 29 June 2016, 14:34
EURUSD Daily Analysis EURUSD (1.106): EURUSD has established a range of 1.120 and 1.110 as the levels of resistance and support. While a retest of the resistance at 1.120 is pending, support has been clearly established at 1.10...
Forecasts
  • 129
Sherif Hasan, 29 June 2016, 14:33 #xauusd, technical analysis
Australians go to the polls on July 2nd, and for a change, this could be a market moving event...
Currency
  • 117
Sherif Hasan, 29 June 2016, 14:29
The big Brexit decision certainly has ramifications on markets even on lands far far away. Will we see rate cuts in Australia and New Zealand...
Statistics
  • 133
Sherif Hasan, 29 June 2016, 14:28
The team at Nordea give it a 30% chance and explain why: Here is their view, courtesy of eFXnews: In Q4 2016, the new prime minister triggers Article 50 of the EU Treaty by notifying the EU that the UK intends to leave. That opens a two-year window for negotiating a withdrawal agreement...
Market News
  • 82
Sherif Hasan, 29 June 2016, 14:26
The US releases its final GDP for Q1 2016. A small upgrade is expected. The actual results is 1.1%, slightly better than 0.8% expected. Within the components, we do have a miss on personal consumption, with a downgrade to 1.5%. This is not good news. Sales did beat with 1.3% against 1.2% expected...
Currency
  • 108
Sherif Hasan, 29 June 2016, 14:25
Small steps for the pound but the buyers are gaining traction 1.3420 was resistance yesterday and today and was S&R on Monday too. GBPUSD 15m chart We've hit minor resistance up around 1.3450 and there's more waiting at 1.3470/75. 1...
Trading Systems
  • 95
Sherif Hasan, 29 June 2016, 14:15
The game of 'who blinks first' is on Just in case you're unsure what article 50 is, it's the formal notice that a country wants to leave. "Article 501. Any Member State may decide to withdraw from the Union in accordance with its own constitutional requirements. 2...
Market News
  • 80
Sherif Hasan, 29 June 2016, 14:13
June 2016 German HICP and CPI flash report 29 June 2016 Prior 0.0% 0.1% vs 0.1% exp m/m. Prior 0.4% CPI 0.3% vs 0.3% exp y/y. Prior 0.1% 0.1% vs 0.2% exp m/m. Prior 0.3...
Market News
  • 88
Sherif Hasan, 29 June 2016, 14:12
Stephen Crabb has thrown his hat into the leadership ring and is making his case Brexit result was clear, UK will leave the EU Article 50 discussion must happen after uniting the party and the country My goal is to create stability (when asked about a possible General election) Control in immigra...
Market News
  • 65
Sherif Hasan, 29 June 2016, 13:22