Mohammed Abdulwadud Soubra / Blog
US Dollar Desperately Needs Good Data to Offset Losses Talking Points: - US economic data off to its worst start over the past 10 years. - USDOLLAR Index still in countertrend trading mode. - As market volatility rises, it's a good time to review the "Traits of Successful Traders" series...
Soggy sterling Often with markets it’s a case of knowing whether the tail is wagging the dog. In other words, to what degree is the turmoil in markets a reflection of the financial risks and real economy, or is the ultimate risks to the real economy that are driving the volatility in markets...
17 February 2016, Time of Writing: 09:00 am SuperTrader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 09:30 Average Earnings Index 3m/y GBP High 1.9% 2.0% Negative 09:30 Claimant Count Change GBP High -4.3K -2.9K Neutral 09:30 Unemployment Rate GBP Med...
Pre US Open, Daily Technical Analysis Wednesday, February 17, 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: the downside prevails. Pivot: 1.1185 Most Likely Scenario: short positions below 1...
Pivot Points-Daily Last Updated: Feb 17, 4:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.10138 1.10827 1.11113 1.11516 1.11802 1.12205 1.12894 USD/JPY 111.595 112.876 113.45 114.157 114.731 115.438 116.719 GBP/USD 1.38836 1.41236 1.42123 1.43636 1.44523 1.46036 1.48436 USD/CHF 0.97757 0...
Pivot Points-Hourly Last Updated: Feb 17, 4:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11199 1.11317 1.11384 1.11435 1.11502 1.11553 1.11671 USD/JPY 113.665 113.882 114.023 114.099 114.24 114.316 114.533 GBP/USD 1.42688 1.4287 1.42978 1.43052 1.4316 1.43234 1.43416 USD/CHF 0.98851 0...
Pound, US Dollar May Fall on UK Wages Data and FOMC Minutes Talking Points: British Pound may fall further if soft wages growth undercuts BOE policy bets US Dollar may face selling pressure on minutes from January FOMC meeting Aussie Dollar drops, Yen and Euro gain amid risk aversion in overnight...