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We were the first to represent FX trading consultancies and FX management services. 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. Surely, we represent our services with a simple style trying to help the beginners too.

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

Walid Salah El Din's talking about Gold on 27/9/2012

Walid Salah El Din's expectation of cutting the deposit rate by the ECB by 0.25% to be zero on the 4th of July 2012

 

These interviews at CNBC Arabia were in Arabic.

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

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For watching more results of 2012, you can click here

 

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5/2/2015 - The current market sentiment "The golden crucial crossing of Daily SMA200"
 

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The gold has been exposed to profit taken following the release of Jan US labor report which has shown lower unemployment rate at 4.9% but with adding of only 151k of jobs out of the farming sector.
The Gold has been boosted earlier this week, after Fed's vice president Stanley Fischer could add uncertainty to the markets about the interest rate outlook in US by saying that the next of the step Fed is still unclear amid the global uncertainty.
He said it clearly that it is too difficult to gauge the impact on the U.S. economy from recent turmoil in financial markets and uncertainty over China, after the FOMC said last week that it is assessing currently the global economic slowdown and the financial development implications for the labor market, the inflation, and for the balance of risks to the outlook.
His comments underpinned the Gold and caused problem to the greenback generally versus its rival currencies which have been depressed by the Fed's first hiking interest rate decision since 2006 by the end of last year.
The gold could gain momentum this week following getting over its daily SMA200. The gold gathering of this momentum started following surpassing its daily SMA100 which came accompanied with getting over surpassing $1112.75 which capped it on last Nov. 4.
$1071.22 could help the gold previously to bounce up again above its daily SMA50 forming a floor at $1057.98 which drove the gold to start being above its daily Parabolic SAR (step 0.02, maximum 0.2) for 25 consecutive days reading today $1124.17.
XAUUSD daily RSI-14 is referring now to existence in the neutral region just below its overbought area above 70 reading now 69.666, while its daily Stochastic Oscillator (5, 3, 3) which is more sensitive to the volatility is still having now its main line in its overbought area above 80 reading 86.200 below its signal line which is reading now 90.506.
After this rising acceleration by God's will, the next resisting level can be at $1163.09 which stopped it today, before $1182.68 peak which came last Oct. 28 below its highest level since Jun. 25 at $1191.33.
While the setting back can face now supporting level at $1108.26, before $1100 psychological level which can be followed by $1071.22.
 


Kind Regards
Global Market Strategist

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

 

 

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