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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 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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10/10/2017 - "Catalonia preferred to buy time"

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The Catalan President Carles Puigdemont could boost demand for the single currency by suspending the independence of Catalonia till reaching a diplomatic agreement with the central government in Madrid.
Carles's softer tone speech reflected the fear of closing businesses in Catalonia and the will for avoiding direct conflicts between Catalonia and Spain which threats of 155th Article of the Spanish Constitution activation to freeze the self-ruling in Catalonia.
Carles himself has been exposed to be arrested in the case of announcing today the independence which could trigger clashes between Catalonia and Spain.
Carles avoided the violence way today as much as he could and in the same time reflected the Catalonian will in peaceful separation putting the central Government under pressure to talk.
In same time, Catalonia is in need for leeway to talk about its formation and its existence in EU which refused to take any side and refused also to be a Mediator in that Spanish inner dialogue as it named.
Carles's message which eroded the separation passion today did not reflect that economic situation in Catalonia but the political situation also
As the voices for keeping Catalonia inside Spain are still high and they can be underpinned by Spain, While Catalonia is in need to be united to the farest possible extent at this critical stage.
 


EURUSD rose to 1.1825 today to have its first day above its daily Parabolic SAR (step 0.02, maximum 0.2) which is reading now 1.1669, after 19 consecutive days of trading below this indicator.
EURUSD could bounce up last Friday from 1.1669 to keep its supporting level which has been formed at 1.1662 on last Aug. 17 unbroken.
EURUSD bouncing up from 1.1669 could bring it back above 23.6% Fibonacci retracement level of its rising this year from 1.0340 to 1.2092.
EURUSD is now in need to get over its resistance level at 1.1832 which capped it on last Sep. 29 before facing its previous formed a lower high at 1.2032 which below its peak at 1.2092 which has been formed on Sep. 8.
EURUSD is still also in need to have higher upside momentum by rising above its daily SMA50.
while it is still underpinned over longer range by continued being above its daily SMA100 and its daily SMA200, After forming a series of higher lows had started with its formed bottom at 1.0340 on the third day of this year to be the lowest level of the pair since December 2002.
EURUSD daily RSI-14 is referring now to existence in the neutral region reading 49.249.
EURUSD daily Stochastic Oscillator (5, 3, 3) which is more sensitive to the volatility is still having its main line in the neutral region at 64.904 leading to the upside its signal line which is at 45.225 lower in the same region.

Important levels: Daily SMA50 @ 1.1844, Daily SMA100 @ 1.1605 and Daily SMA200 @ 1.1167
S&R:
S1: 1.1662
S2: 1.1612
S3: 1.1479
R1: 1.1832
R2: 1.2032
R3: 1.2092


Have a good day

Kind Regards
Global Market Strategist

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

 

 

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