Mahmoud Abdallah

Mahmoud Abdallah
Published articles: 4321

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

The EUR/USD pair consolidates near 1.0490, with traders adopting a cautious stance ahead of critical Fed and ECB policy announcements and key economic data releases.

The USD/JPY pair fell following the BOJ’s rate hike, with traders watching support at 154.90 and resistance at 156.80 as focus shifts to the upcoming US Fed announcement.

GBP/USD climbed to 1.2501 after better-than-expected UK economic data, but lingering economic concerns and expected BoE rate cuts may cap further upside.

Gold prices are approaching the critical $2800 resistance level, driven by inflation concerns and a weakening US dollar, with analysts forecasting further gains toward $3000.

Recent signals from Trump have strongly supported gold prices, with gains reaching a resistance level of $2764 per ounce, the highest level for spot gold prices

The US Dollar against the Japanese Yen has been trading in a narrow range and a neutral position in recent trading sessions, but there have been attempts

As we predicted and confirmed, the attempts of the GBP/USD currency pair to recover remain weak and await further stimulus.

For three consecutive trading sessions, the EUR/USD pair has been moving in a corrective upward trend.

As expected, spot gold prices have moved towards the psychological resistance level, reaching $2,702 per ounce today, the highest price in a month

For the second consecutive day, the USD/JPY currency pair has been subject to selling pressure, pushing it towards the support level of 155.21,

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