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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 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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7/12/2017 - "The risk appetite could find its way back to the markets"

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The market sentiment improved during the Asian session sending the future rates of the US major stocks indexes up, after the selling pressure on the US Equities abated during the US session.
As the trust in the US economic performance is still holding and the US labor market is still sending positive signs to help the investors to get rid of the their concerns about the political situation.

While The investigation about the connections between Trumpís campaign and Russia in the 2016 U.S. election remains a threat and US is still facing new partial government shutdown on Dec. 8 if Congress canít reach an agreement on new spending bill by tomorrow.
These worries could spur a profit taken wave in the US Equities market following the very tight Senate passage of the corporate tax-cut legislation.
UST 10yr yield is now stable near 2.34%, after dipping to 2.31% area and also USDJPY could creep up for trading now near 112.40, after footing on 112 level.

The sterling is still depressed by May's failing efforts to have applicable Brexit Agreement during her meeting with EU commission president Junker this week and she is looking now for new acceptable text on UK border with Northern Ireland for passing a deal with EU.
GBPUSD found difficulty to go back for trading above 1.34 level ahead of the release of this awaiting text, After The DUP had said That There is still plenty of work to be done for solving the Irish border question.
Now, EU is waiting for UK answers about this border treatment by the end of the week and May seems seeking for delaying this issue for a later time in the Brexit talking to not be forced to present new submissions.

The Aussie is still depressed by the disappointing GDP expansion in the third quarter in Australia by only 0.6% (qoq) , while the median forecast was referring to 0.7% quarterly expansion following growth by 0.8% has been revised up to 0.9% in the second quarter.
RBA kept the interest rate unchanged last Tuesday at 1.50% depressing the odds of hiking rates by keeping its worrying phase about the negative impact of AUD appreciation on both of the economic activity and the inflation outlook.

AUDUSD is trading now at 0.7550 after peaking at 0.7653 last Tuesday.
The loonie has been hit by BOC cautious tone in its released economic assessment following its decision to keep the interest rate unchanged at 1% yesterday, after raising it twice this year by 0.25%.
The loonie has been already undermined by the oil prices retreating this week and USDCAD is trading near 1.28 currently after forming a higher low at 1.2623 last Tuesday drove it back above its daily SMA50.

The oil prices have been exposed to selling off coincident with the equities correction this week but They are still underpinned by expected IEA US crude oil Stocks slide amid OPEC and non-OPEC oil cut extension to the end of next year.

The gold is still unchanged trading near $1265 per ounce, after Trump's recognizing of Jerusalem as Israeli Capital clearing about the preparation for transferring US embassy to it.
This declaration will be discussed in new meeting of the UN security council later this week, after it had been denied by all leaders in the Middle East and also by Germany and France.

GBPUSD Daily Chart:

GBPUSD has been exposed to selling pressure drove it down for trading now near 1.3380, After forming a lower high at 1.3550 below its formed peak on last Sep. 20 at 1.3656.
The cable is now trading in its third day of being below its daily Parabolic SAR (step 0.02, maximum 0.2) which is reading today 1.3538, after forming a second top at 1.3550
However the Cable is still underpinned by continued trading above its daily SMA50, its daily SMA100 and also its daily SMA200.
GBPUSD daily RSI-14 is now referring to lower existence inside the neutral region reading 55.945.
GBPUSD daily Stochastic Oscillator (5, 3, 3) which is more sensitive to the volatility is having now its main line in the neutral area at 26.409 leading to the downside its signal line which is in the same area reading 46.923.

Important levels: Daily SMA50 @ 1.3249, Daily SMA100 @ 1.3112 and Daily SMA200 @ 1.2874
S&R:
S1: 1.3378
S2: 1.3026
S3: 1.2775
R1: 1.3550
R2: 1.3656
R3: 1.4000


Have a good day

Kind Regards
Global Market Strategist

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

 

 

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