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FX-Recommends has been initiated mainly to show the most recent free market analyses of Walid Salah El Din

FX-Recommends helps you to catch up with the current market discounting and  the change of current market sentiment to know how this change 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.

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24/5/2019 - The US-China trade war could lower the interest rate outlook in US

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The US equities indexes future rates could rebound during the Asian session paring some of their scored losses yesterday and helping the Asian equities indexes to recover.
After The Trade dispute between US and China could easily take its toll this week over the market sentiment sending UST yields lower driving the Gold up again.
With lower UST yields, The Greenback came under pressure across the broad expect the Japanese yen which could get benefits from the risk aversion sentiment and put more pressure on Nikkei 225.

As The trade dispute escalating can revive the Fed's worries about the economy and drive it to lose its patience and cut rates as required by Trump's administration.
After FOMC had seen in the beginning of this month improvement and lower downside risks likely to drive the economic expansion down following higher than expected growth in the first quarter of this year, while the current inflation slowdown is likely to be transitory.

Now and after nearly 3 weeks, Most of the market participants realized that the Trade War between the 2 biggest economies can be prolonged for years with no sign of nearby continuation of the talks which are about to be trimmed.
The focus turned on the negative impact of this war which is considered now the biggest threat to the global economy, after President Trump escalated The war by blacklisting Huawei expecting it to be part of the trade pact.
Targeting Huawei several times seemed to be for isolating China and capping it from becoming the world superpower not just for cutting its trade benefits with US.

Previously during the trade talk, Trump decided to raise the levy on Chinese goods worth $200b from 10% to 25% and China retaliate by imposing tariffs from 5% to 25% to a total of $60B worth of US goods studying stop purchasing US agricultural products and reducing Boeing orders.
Meanwhile, the main Chinese weapon in this war is buying time and Trump's administration knows that very well and this is making him nervous, as this dispute can be protracted to a democratic administration to end it with no or minimal benefits.

This Trade War intensifying can effect negative on the potential growth of the 2 biggest economies which can look for side ways to pass their trades and it can also dampen the demand for commodities and Energy and the economies depending on them Such as Canada, Australia which are considered the nearest commodities markets to these 2 big economies.

USDCAD rose yesterday for 1.35 with WTI slide to $57.34 per barrel, while AUDUSD is trading now just below 0.69 waiting for interest rate cutting, if the labor market in Australia did not improve, as The Governor of the Reserve Bank of Australia Philip Lowe figured out this week.
GBPUSD could rebound this morning for trading near 1.2680, after coming under pressure this week by rumors about Theresa May's resignation as PM leading U.K. Conservative Party.

 

S&P500 future Daily Chart:




After 2891.80 capped the rebound of S&P500 future rate from last week bottom 2798.30, the index came under increased downside pressure by forming a lower high below its formed all time high on May. 1 at 2859.20.
S&P500 future rate could rebound today for trading near 2830 after extending its slide from 2891.80 to 2085.10 yesterday
After yesterday slide extension, The index is now well below its daily SMA50 in its second day of being below its daily Parabolic SAR (step 0.02, maximum 0.2) which is reading today 2890.
S&P 500 Future rate is still underpinned over longer range by continued being above its daily SMA100 and above its daily SMA200.
S&P 500 Future daily chart shows that its RSI-14 is now in inside its neutral region at 42.606.
S&P 500 Future daily Stochastic Oscillator (5, 3, 3) which is more sensitive to the volatility is having now its main line inside its neutral area at 30.823 leading to the downside its signal line which is higher in the same area reading 41.042, after negative cross over inside the neutral region.

Important levels: Daily SMA50 @ 2873, Daily SMA100 @ 2790 and Daily SMA200 @ 2773
Experienced S&R:
S1: 2798.30
S2: 2785.40
S3: 2720.85
R1: 2891.80
R2: 2959.20
R3: 3000.00

Have a good day


Kind Regards
Global Market Strategist

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

 

 

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