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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 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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13/12/2018 - The confidence in May has solved only an interior problem among the Tories

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GBPUSD could spike up to 1.2670 yesterday on May's ability to survive a confidence vote, following more than week of wide criticism inside the house of common over her reached Brexit plan.
After winning the support of 200 conservative lawmakers versus 117, May promised to step down as prime minister, before the next parliament election paving the way for new leadership to come.
Although the pressure can easily come back on the British pound, as the confidence vote could solve only an interior problem inside the Tories party.
While her handling of the Brexit talks is still widely refused by house of common members and there is no high hope for reaching a new deal with EU or mending this current widely refused plan.
As UK PM Theresa May cannot be rewarded by a new rescue plan for Brexit from EU which is watching the current split on Brexit in UK and if EU accepted to negotiate again and it is not highly expected there will be new costs in return.
While the key issue on refusing May's Brexit plan inside the house of common is still "the Irish Borders" problem which cannot be solved by No Brexit deal
While the only way to solve these Irish boarders problem is looking to have Irish acceptance to leave EU too and that is nearly impossible.
In the same time, the chance of re-Brexit referendum voting is rising up, As May's failure to reach acceptable deal can pave the way for new referendum on Brexit and that can lead easily to maintaining of UK existence inside of EU and that is very favorable to Brussels.

The European Court of Justice preceded May's Decision to delay voting on her Brexit plan which was supposed to be done last Tuesday by ruling that UK can unilaterally revoke Article 50, reversing Brexit and this resolution timing shows strong EU will to have UK in EU.
While the Northern Irish unionist DUP party "which shared in keeping May in power following snap parliament elections in June 2017" objects any Brexit deal can give a special status to the region, different from the rest of the UK.

BOE policymakers warned from their side more than once about the outcome of no Brexit deal before the house of common.
It indicated that not all of the banking sector is ready for no deal can lead to 8% fall in GDP in short-term, unemployment rising to 7.5%, inflation reaching 6.5% year on year, house prices slide by 30% and Sterling 25% weaker.

The markets have not given yet pricing on new referendum, as long as May who refuses that will is still in power.

But if there can be changing of the current political scene in favor of conducting new Brexit referendum, The Sterling and FTSEE 100 can go very higher than the current levels on rising of the business confidence and growth outlook in UK.

So, It is not expected to see crucial change in EU summit today to give May any new support, but what she has already gained of terms on the Brexit deal she had and that is not good for Sterling.
While the time is running out before crashing out of EU with no deal on next Mar. 29, the pressure increases on UK and her PM who could hardly buy some of it by delaying the voting on her reached plan to be later in January.

GBPUSD Daily Chart:


After forming a lower peak at 1.2670, GBPUSD retreated again to trading currently near 1.1620 in its day number 24 of consecutive being below its daily Parabolic SAR (step 0.02, maximum 0.2) which is reading today 1.2754.
GBPUSD is still also undermined by continued being below its daily SMA50, its daily SMA100 and its daily SMA200.
GBPUSD daily RSI-14 is now referring to continued existence inside the neutral area reading 41.019.
GBPUSD daily Stochastic Oscillator (5, 3, 3) which is more sensitive to the volatility is having now its main line inside the neutral area at 29.802 leading to the upside its signal line which is lower just inside the neutral region reading 21.927.
After positive crossover on forming 1.2476 bottom last Tuesday, following increasing of the downside momentum on breaking out 1.2660 previous supporting level.

Important levels: Daily SMA50 @ 1.2895, Daily SMA100 @ 1.2932 and Daily SMA200 @ 1.3259
Experienced S&R:
S1: 1.2476
S2: 1.2365
S3: 1.2108
R1: 1.2670
R2: 1.2849
R3: 1.2926



Have a good day and nice trading times


Kind Regards
Global Market Strategist

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

 

 

Note : Not Walid Salah El Din nor FX recommends accepts any liability for any loss or damage what's ever that may directly or indirectly result from any advice, opinion, information, representation or omission, whether negligent or otherwise, contained in these trading recommendations. please read the disclaimer

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