Mohammed Abdulwadud Soubra / Blog
The Week Ahead: Central banks to determine the next move The past week was full of action for currency traders, the Yen dropped to lowest levels in three weeks against the dollar, the Canadian currency at highest levels since July led by oil rally, Pound being the best performing currency of the...
Pre US Open, Daily Technical Analysis Friday, April 22, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: key resistance at 1.1310. Pivot: 1.1310 Most Likely Scenario: short positions below 1...
Pivot Points Hourly Last Updated: Apr 22, 12:04 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12719 1.1279 1.12823 1.12861 1.12894 1.12932 1.13003 USD/JPY 109.288 109.374 109.407 109.46 109.493 109.546 109.632 GBP/USD 1.42986 1.43103 1.43152 1.4322 1.43269 1.43337 1.43454 USD/CHF 0.97338 0...
Pivot Points Daily Last Updated: Apr 22, 12:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11278 1.12256 1.12598 1.13234 1.13576 1.14212 1.1519 USD/JPY 107.246 108.364 109.095 109.482 110.213 110.6 111.718 GBP/USD 1.41892 1.42718 1.42995 1.43544 1.43821 1.4437 1.45196 USD/CHF 0.9423 0.95533 0...
Preview for ECB Meeting and Implications for EUR, Metals, Equities Talking Points: - EUR/USD lingering below key resistance near $1.1460/1.1500. - Equity markets, precious metals remain in a bullish posture. - Crowd's disdain for EUR/USD shows in positioning changes...
Pivot Points Daily Last Updated: Apr 21, 3:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11278 1.12256 1.12598 1.13234 1.13576 1.14212 1.1519 USD/JPY 107.246 108.364 109.095 109.482 110.213 110.6 111.718 GBP/USD 1.41892 1.42718 1.42995 1.43544 1.43821 1.4437 1.45196 USD/CHF 0.9423 0.95533 0...
EUR/USD Retail FX Cling to Net-Short Positions Ahead of ECB Meeting EUR/USD EUR/USD may largely consolidate going into the European Central Bank (ECB) interest rate decision as market participants gauge the outlook for monetary policy; despite speculation for more easing, the single-currency may...
Crude Oil (WTI) (K6) Intraday: rebound in sight. Prev Top Pivot: 39.50 Most Likely Scenario: long positions above 39.50 with targets @ 40.76 & 41.54 in extension. Alternative scenario: below 39.50 look for further downside with 38.44 & 37.60 as targets...