Mohammed Abdulwadud Soubra / Profile

Pivot Points-Daily Last Updated: Feb 15, 12:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11912 1.12132 1.12225 1.12352 1.12445 1.12572 1.12792 USD/JPY 112.748 113.037 113.204 113.326 113.493 113.615 113.904 GBP/USD 1.43635 1.44275 1.44624 1.44915 1.45264 1.45555 1.46195 USD/CHF 0.97363 0...

Pivot Points-Weekly Last Updated: Feb 15, 12:00 pm +03:00 Symbol S3 S2...

Corrective activity abounds With US markets closed for President’s day today, it’s likely to prove a slower start to the week, but as we know, it’s not just about the US anymore, with much of the recent volatility being triggered by events beyond US shores...

YELLEN TESTIMONIES MAKE MARCH RATE HIKE UNLIKELY AS OPEC COMMENT STOPS OIL DECLINE The week from February 5 to 12 was defined by a flight to safe havens. The biggest winners versus the USD were the JPY and the CHF as investors looked to less risky assets...

15 February 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 14:00 ECB President Draghi Speech EUR High - - Dovish 21:45 Retail Sales q/q NZD High 1.6% 1.4% Positive 21:45 Core Retail Sales q/q NZD High 1.0% 1...

Trading with the use of Bollinger Bands Bollinger Bands supports price movements. It can accommodate in times of heavy volatility and narrowing of the times in which oscillations are low. In general, it is adjusted based on the size of the market movements and oscillations...

Forex Weekly Forecast: Dollar is the Big Loser until this Changes Tensions are running high as the S&P 500 hits its worst streak since the heights of the Global Financial Crisis. But all hope is not lost—we’re keeping an eye on these key themes in the big week ahead...

WTI Crude Oil Price Forecast: Oil Bounces 12 % off A 12 Year Low Talking Points: Crude Oil Technical Strategy: Oil Rebounding to Key Resistance Zone The Offered US Dollar Further Puts Support Under Oil’s Advance WTI Is Starting To Divorce from Leading Risk Sentiment, Which May Support US Oil Bull...

Support & Resistance Last updated: Feb 12, 3:30 pm +03:00 S - Strong | M - Moderate...

USDOLLAR Nears Major Technical Break; Don’t Trust the Euro Talking Points: - EUR/USD rallying stalling a bit as market shies away from ECB. - USD/JPY taking a breather despite Nikkei's near -5% drop...

Pre US Open, Daily Technical Analysis Friday, February 12, 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: under pressure. Pivot: 1.1330 Most Likely Scenario: short positions below 1...

Unintended consequences Yesterday’s session once again opened up the divisive world of currencies. With Fed rate hikes off the table, then that dynamic is no longer applicable for the market...

Pivot Points - Hourly Last Updated: Feb 12, 2:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12484 1.12685 1.12809 1.12886 1.1301 1.13087 1.13288 USD/JPY 112.132 112.33 112.424 112.528 112.622 112.726 112.924 GBP/USD 1.44803 1.45167 1.45368 1.45531 1.45732 1.45895 1.46259 USD/CHF 0.96955 0...

Pivot Points - Hourly Last Updated: Feb 12, 11:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12282 1.1264 1.1276 1.12998 1.13118 1.13356 1.13714 USD/JPY 111.064 111.558 111.858 112.052 112.352 112.546 113.04 GBP/USD 1.43774 1.44368 1.44652 1.44962 1.45246 1.45556 1.4615 USD/CHF 0.96772 0...

12 February 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 10:00 Flash GDP q/q EUR Med. 0.3% 0.3% Neutral All Day ECOFIN Meetings EUR Med. - - Neutral 13:30 Core Retail Sales m/m USD High -0.1% 0...

Euro May Fall vs. US Dollar as Data Renews Disparate Policy Bets Talking Points: Euro may fall as soft GDP data fuels ECB stimulus bets, boosts risk appetite US Dollar to see outsized gains if Retail Sales, UofM data tops expectations NZ Dollar drops, Yen gains as risk-off Wall St...

Pre European Open, Daily Technical Analysis Friday, February 12, 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 bias remains bullish. Pivot: 1...

U.S. CONSUMERS CONFIDENT YET STILL NOT SPENDING The paradox of the U.S. consumer continues to confound economists. Wages and the number of jobs have risen to before crisis levels but while their confidence remains high in the short-term consumers have opted to save. The U.S...

Pivot Points - Hourly Last Updated: Feb 12, 10:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12764 1.12931 1.13029 1.13098 1.13196 1.13265 1.13432 USD/JPY 110.334 111.149 111.471 111.964 112.286 112.779 113.594 GBP/USD 1.44255 1.44501 1.4466 1.44747 1.44906 1.44993 1.45239 USD/CHF 0.9708 0...

Support & Resistance - Indexes Last updated: Feb 11, 3:39 pm +03:00 S - Strong | M - Moderate...