Mahmoud Abdallah
About Mahmoud Abdallah
Mahmoud has been working fulltime in the Foreign Exchange markets for 12 years. Offers his analysis, articles and recommendations at the most renewed Arabic websites specialized in the global financial markets, and his experience gained a lot of interest among Arab traders. Works on providing technical analysis, market news, free signals and more with follow up for at least 12 hours a day, and aims to simplify forex trading and the concept of trading for his audience.Snapshot
Latest 10 Articles
- EUR/USD Analysis: Market in an Upward Channel
- 05/16/2024 13:24
The EUR/USD currency pair has risen to a resistance level of 1.0895, the highest level in nearly two months, as expectations of a convergence in monetary policy between the US and Europe grow.
- USD/JPY Analysis: Selling Pressure Exposure
- 05/16/2024 13:12
For the second consecutive day, the USD/JPY currency pair is trading under selling pressure, pushing it towards the support level of 153.59 this morning.
- GBP/USD Analysis: Caution Advised Near Overbought Levels
- 05/16/2024 12:07
Amidst a weakening US dollar, the GBP/USD currency pair surged to a resistance level of 1.2700 this morning, Thursday.
- Gold Analysis: Rebound Towards $2,400 Resistance
- 05/16/2024 11:58
Gold prices surged near the key psychological resistance of $2,400 per ounce (oz) today, trading at their highest level in nearly a month.
- GBP/USD Analysis: Uptrend Remains Cautious
- 05/15/2024 12:16
According to Forex market trading, the pound sterling briefly dipped before recovering to around $1.25 as traders digested recent labor data and monetary policy expectations.
- EUR/USD Analysis: Wait for Key US Data
- 05/15/2024 12:07
The EUR/USD is trading near its highest level in over a month ahead of the release of key US inflation data that will have a strong and direct impact on the future of Fed policy.
- Gold Analysis: Bulls Await Further Cues
- 05/15/2024 12:00
Gold prices are consolidating near $2360 an ounce as investors turn their attention to US inflation reports due this week.
- USD/JPY Analysis: Uptrend Could Persist for a While
- 05/15/2024 10:59
The Japanese yen fell again, surpassing 156 yen to the dollar, hitting its lowest level in two weeks, raising concerns about the possibility of Japanese authorities intervening again to support the currency.
Gold prices have declined to around $2,332 an ounce as of the start of trading this week. This is as investor focus shifts to key US inflation reports
- USD/JPY Analysis: Uptrend Gains Strength
- 05/14/2024 9:39
Ahead of key US inflation data, the yen has fallen back to around 156 per dollar, and remains under pressure as investors look to Japan's Q1 GDP data this week.