Sherif Hasan / Profile

In last twenty years forex trading change in many ways, you dont need extremely big money to start with trading like before. Thanks to computer and internet connection can start with trading almost everybody all around the world...

We don’t have a specific trade idea coming into the session, however we will be watching the German, French and EZ GDP prints for a possible opportunity if they all come out negative which will likely pressure the EUR and continue to build on the sentiment for additional ECB easing...

While there maybe some form of risk involved in trading, Forex trading does not necessarily have to be classified as risky. When ever we think of risk in Forex, we should think of it as professional investors think of risk in an investment...

Industrial Production for September m/m (final): +1.1% m/m the preliminary was +1.0% prior (August) was -1.2% Industrial Production (final, September, D'uh :-D ) y/y: -0.8% y/y preliminary -0.9...

FOMC Interest Rate Decision and Statement will be released today at 6:00pm London time. If the Fed strike a hawkish tone in their statement then the market will be satisfied to hold dollars into the next meeting...

The Canadian dollar remains a relatively neutral currency after the BOC’s recent communications, however there remains a slight bearish tilt on the currency until we see a further improvement in data...

We don’t have a specific trade call to begin the week, however we will continue to monitor news feeds and current developments for potential opportunities, and trade ideas. As always I suggest you start the week by reading my currency update to familiarize with the latest market changes...

Talking Points: China’s fifth plenum will conclude with the government’s GDP estimate Plenum occurs after PBOC rate cut, weakest GDP print since 2008-9 crisis Markets speculate GDP prediction will give insight into PBOC policy bets Macroeconomic events affect currency valuations...

Fundamental Forecast for Yen:Bearish Surprises from the European Central Bank help push the Yen lower versus the US Dollar Japanese Yen little-moved despite stronger-than-expected Trade Balance data For Real-Time SSI Updates and Potential Trade Setups on the Japanese Yen, sign up for DailyFX on D...

Fundamental Forecast for EURUSD: Bearish - Thursday’s ECB meeting shocked markets, sinking EUR/USD under $1.1100 by the end of the week. - The ECB’s decision provoked significant technical breaks in EUR/AUD, EUR/GBP, and EUR/USD...