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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 Greenback and The Precious Metals on 3/1/2019 at Skynews Arabia

Walid Salah El Din's talking about Metals and Currencies on 27/12/2018 at Skynews Arabia

Walid Salah El Din's talking about The FOMC meeting outcome on 20/12/2018 at Skynews Arabia

Walid Salah El Din's talking about The G20 meeting outcome on 3/12/2018 at Skynews Arabia

Walid Salah El Din's talking about The precious metals on 18/11/2018  at Skynews Arabia

Walid Salah El Din's talking about Gold on 6/11/2018 full meeting at Skynews Arabia

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.

For watching the results after trading US September 2012 Non Farm payroll release click here

For watching what's running now click here

For watching more results of 2012, you can click here

 

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12/3/2019 - The optimistic news about Brexit could boost demand for GBP

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The British Pound extended its gains across the broad during the Asian session reaching 1.3288 versus the greenback close, after it had been trading earlier in the beginning of the week close to 1.2960.
The pound has been boosted by news telling about Brexit negations progress between May and Junker in Strasbourg, before tomorrow meeting to reach last minute deal ahead of The House of Common voting on May's plan update which was widely expected to be rejected on continued discrepancies over the Irish boarders backstops between UK and EU.
The pound started to rise across the broad, after Theresa May’s deputy David Lidington had announced that she could secure legally binding changes to her Brexit deal.
In case of refusing these new changes today, The Common House is expected to vote tomorrow on prolonging the Brexit negotiations beyond Mar. 29 "the predetermined date of executing Article 50"

The optimistic news about Brexit could send the US equities indexes future rates up further, following yesterday gains which supported the risk appetite in the beginning of today Asian session, despite the woes of Boeing shares over dovish news about its 737 Max airplane.
The US equities could show solidarity to rise yesterday, after US retails sales have shown unexpected rising in January by 0.2% month on month, while the consensus was referring to no monthly change, after collapse by 1.2% in December has been revised to be by 1.6%.
The underling retails sales figure excluding auto sales was more upbeating by 0.9% monthly rising, while the market was waiting for increasing by only 0.3%, after falling in December by 1.8% has been revised too to be by 2.1%.
After forming hammer reversing sign, S&P 500 could have a place back above its daily SMA200 containing most of last week losses trading now close to 2792.
While the market will be waiting today for new comments from Federal Reserve Chair Jerome Powell who indicated during the weekend that the Fed is not in rush nor under pressure to raise rates further. Powell assured in the same time on that the US economy is not threatened by recession this year.

The markets are well-priced now on no Fed's will to raise rates further this year, while the US economic data are tilting to the downside illustrating losing momentum, amid dominating worries about global economic slowdown can hold the major central banks back from raising rates.
The precious metals like gold could have higher demand in this situation which can be struck by higher inflation rates like what we have seen last Friday.
When US non-farm payrolls have shown in February adding of 20k, While the average earning per hour rose yearly by 3.4% recording the highest rate of yearly rising since April 2009 showing higher wage inflationary pressure.
We have seen also a day earlier Q4 US Unit Labor Cost surging to 2.0% year on year following 0.9% in the third quarter.
In the same period, US non-farm productivity increased by 1.9% yearly beating the consensus which was pointing to increasing by only 1.6%, showing leeway for further higher salaries to be paid by employers.
From another side, the new Fed's adopted patience stance can boost demand for commodities and energy sending their prices higher further driving the inflation up and the interest in gold and TIPS as hedges against inflation.

 

GBPUSD Daily Chart:


GBPUSD extended its rebounding to 1.3288 in the Asian session, After it could form a higher low at 1.2959 on meeting with its daily SMA50 and also its daily SMA200 in the beginning of this week, while the pair is still keeping its existence above its daily SMA100.
GBPUSD could gather momentum, after easing of the selling pressure which pressed it down to 1.2959, but it still undermined by continued being below its daily Parabolic SAR (step 0.02, maximum 0.2) which is reading today 1.3307.
GBPUSD daily RSI-14 is now referring to higher existence inside the neutral area reading 60.458.
GBPUSD daily Stochastic Oscillator (5, 3, 3) which is more sensitive to the volatility is still having its main line inside its neutral territory at 64.336 leading to the upside its signal line which is lower inside this same region reading only 38.532.
This relatively big discrepancy between the leading main line and the signal line expresses about the higher momentum the pair could gain recently, After positive crossover inside the neural region on forming higher bottom at 1.2959 above its formed bottom on Feb. 14 at 1.2772.

Important levels: Daily SMA50 @ 1.2984, Daily SMA100 @ 1.2887 and Daily SMA200 @ 1.2987
Experienced S&R:
S1: 1.2959
S2: 1.2772
S3: 1.2668
R1: 1.3362
R2: 1.3472
R3: 1.3617




Have a good day


Kind Regards
Global Market Strategist

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

 

 

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