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We were one of the first Websites to represent FX trading consultancies and FX management services.

We represent our services with a simple style trying to help the beginners too.

As we respect our clients' minds, We always tell them about our reasons and the change of current market sentiment and how this can change the best to buy and the best to sell.

Forex and CFDs are the most volatile markets, so you should be dynamic enough to catch up with any change of the current market sentiment.

Walid Salah El Din's description of the current market sentiment trading in Arabic on 11/1/2016  

 

Some T.V meetings with Walid Salah El Din:

Walid Salah El Din's talking about The Crypto Currencies on 4/1/2018 full meeting at CNBC Arabia

Walid Salah El Din's talking about Bit coin on 9/12/2017 full meeting at Skynews Arabia

Walid Salah El Din's talking about Bit coin on 30/11/2017 full meeting via a Facebook link

Walid Salah El Din's talking about Bit coin on 30/11/2017 part #1

Walid Salah El Din's talking about Bit coin on 30/11/2017 part #2

Walid Salah El Din's talking about the Chinese growth slowdown on 9/9/2015

Walid Salah El Din's talking about the oil on 19/8/2015

Walid Salah El Din's talking about USD direction on 22/7/2015

Walid Salah El Din's talking down EURUSD and Gold, after the Greek deal and Yellen's testimony on 16/7/2015

Walid Salah El Din's talking about the inflation outlook in UK and BOE's direction on 16/6/2015

Walid Salah El Din's talking about Oil and Gold on 2/6/2015

Walid Salah El Din's talking about the greenback weakness on 14/5/2015

Walid Salah El Din's talking about the gold recent consolidation on 12/2/2015

Walid Salah El Din's talking about the RBA's decision of cutting the interest rate by 0.25% on 3/2/2015

Walid Salah El Din's talking about EURUSD outlook in 2015, after the oil slide in 2014 on 29/12/2014

Walid Salah El Din's talking about the Fed's meeting on 17/12/2014

Walid Salah El Din's talking about the interest rate outlook in US on 19/11/2014

Walid Salah El Din's talking about The Japanese GDP preliminary contraction in the third quarter on 19/11/2014

Walid Salah El Din's talking about the slide of the US treasuries yields and the equity market  correction on 16/10/2014

Walid Salah El Din's talking about the central banks' directions effects on the raw material prices on 4/9/2014

Walid Salah El Din's talking about the slide of the US major stocks indexes on 4/8/2014

Walid Salah El Din's talking about the the release of the Fed's meeting minutes of July 30 2014 on 21/8/2014

Walid Salah El Din's talking about PBOC's efforts to lower the shibor rate on 24/12/2013

Walid Salah El Din's talking about Forex trading in the Arab countries on 28/11/2013

Walid Salah El Din's talking about the gold falling on 27/6/2013

Walid Salah El Din's talking about G20 meeting on 17/2/2013

Walid Salah El Din's talking about EURUSD technically on 29/1/2013

Walid Salah El Din's talking about World Bank global growth expectations on 16/1/2013

Walid Salah El Din's talking about the fiscal cliff deal impact on 6/1/2013

Walid Salah El Din's talking about the fiscal cliff on 29/11/2012

Walid Salah El Din's talking about Greece debt Crisis on 22/11/2012

Walid Salah El Din's talking about Metals on 13/11/2012

 

These interviews at CNBC Arabia were in Arabic.

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21/2/2018 - "UST rising yields send USD higher weighing down on the risk appetite"

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The markets focusing increased again on the UST yields and their impacts of the global equities markets, after US started this week selling of UST worth $258b.
Yesterday, there were 4 auctions to underscore the current higher prospects of watching higher interest rate in US, as the inflation is rising and the economic is expanding by higher rates fueled by adopting $1.5 trillion in tax cuts to take effect this year.

After ending the previous auction of it on last Jan. 23 at 2.066%, UST 2YR ended yesterday auction to 2.255% yield which is the highest since The credit crisis in 2008.
The yield of US 6-Month Bill Auction ended to rising to 1.82% from 1.785% on Feb. 12, US 3-Month Bill Auction ended to 1.63% yield from 1.57% and even The Auction of US 4-Week Bill ended to 1.38% from 1.36% a week earlier.
After the American equities recovery last week, The US blue chips ended yesterday their first session of the week down and also The Japanese Nikkei 225 lost today, despite USD strength versus the yen on the interest rate outlook differential between US and Japan. USD JPY is trading now near 107.80.

Under the pressure of the USD strength, EURUSD retreated for trading now near 1.2320 ahead of the preliminary releases of EU PMI indexes of the manufacturing sector and service sector of February today which are expected to highlight the current synchronized global growth following US which raised the interest rate outlook and the governmental yields curves globally.

The greenback which has been boosted by higher UST yields dragged Gold which has no yield down to $1325 per ounce during the Asian session, despite the risk aversion which contained the market sentiment.

While the markets are waiting later today by God's will for the release of the FOMC recent meeting minutes which has been the last under Yellen's leadership on last Jan. 30 and 31.

 

XAUUSD Daily Chart:



XAUUSD retreated for trading now near $1325 per ounce, After forming lower high last Friday at $1361.70 below its formed peak on last Jan. 25 at $1366.06.
XAUUSD maintained existence above $1300 psychological level by forming a bottom between these 2 highs at $1307.05 on Feb. 8
The rebound from that bottom helped XAUUSD to be trading now in its sixth day of being above its daily Parabolic SAR (step 0.02, maximum 0.2) which is reading today $1318.75.
Despite easing down to the current level, XAUUSD is still keeping existence above its daily SMA50, its daily SMA100 and its daily SMA200.
XAUUSD daily RSI-14 is referring now to existence in a lower place inside its neutral area reading 48.040.
XAUUSD daily Stochastic Oscillator (5, 3, 3) which is more sensitive to the volatility is having now its main line inside its neutral territory at 33.557 leading to the downside its signal line which is higher in the same territory at 54.079, after topping inside the its overbought region above 80.

Important levels: Daily SMA50 @ $1316, Daily SMA100 @ $1297 and Daily SMA200 @ $1284
The nearest S&R:
S1: $1307.05
S2: $1250.49
S3: $1236.51
R1: $1361.70
R2: $1366.06
R3: $1375.20


Have a good day

Kind Regards
Global Market Strategist

Walid Salah El din
E-mail: mail@fx-recommends.com

 

 

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