AdelMohamed

AdelMohamed

HIGH PROBABILITY FOR UP TREND TO CONTINUE. WHICH SHOULD STRENGTHEN THE AUSTRALIAN DOLLAR

AdelMohamed

BREAKING 2.155 LEVEL IS SIGNALLING A HIGH PROBABILITY OF AN UP TREND

AdelMohamed

looks good in 4 hours time frame

AdelMohamed

Brexit, economic and political situations at UK are raising many questions that no one has prepared an answer for. Therefore uncertainty is leading the scene. EU parliament leader: we want Britain out as soon as possible. Merkel to UK: Take your time – but don’t call us. Angela Merkel: no special favours for UK over single market. Japanese Prime Minister Shinzo...

AdelMohamed

IT LOOKS NICE, I THINK PRICE IN LONG TERM SHOWING HIGH PROBABILITY TO GO UP THOUGH PRICE LEVEL 1.04770, 1.05169. 1.05746 AND 1.07416 WATCHING PRICE ACTION AT A/M LEVELS SHOULD DETERMINE HOW LONG SHOULD WE STAY IN THIS TRADE.

AdelMohamed

I THINK FED HIKE INTEREST RATE AND GLOBAL SLOW GROWTH WILL CONTINUE TO IMPACT GOLD PRICE THIS YEAR, VOLATILITY IS EXPECTED DUE TO FED HESITATION. HOWEVER I RECOMMEND BUYING GOLD ONCE IT BREAKS AND RETESTS THE 1374.45 AND, SELLING IT ONCE IT FAILS TO BREAK THE SAME. SYMMETRICAL TRIANGLE WOULD GIVE US A CLEAR SIGNAL FOR A DIRECTION

AdelMohamed

I THINK FED HIKE INTEREST RATE AND GLOBAL SLOW GROWTH WILL CONTINUE TO IMPACT GOLD PRICE THIS YEAR, VOLATILITY IS EXPECTED DUE TO FED HESITATION. HOWEVER I RECOMMEND BUYING GOLD ONCE IT BREAKS AND RETESTS THE 1374.45 AND, SELLING IT ONCE IT FAILS TO BREAK THE SAME. SYMMETRICAL TRIANGLE WOULD GIVE US A CLEAR SIGNAL FOR A DIRECTION

AdelMohamed

1st see how price has established a support on the edge of the YELLOW trend line, since 16 MAR till 06 APR the level of 1.40527-1.40053 was tested and failed to break below 2nd checkout the inverted head and shoulders bottom !! if the price was able to break below the two red lines 1.41670 - 1.41043 this would signal a down move to the next below target in...

AdelMohamed

I believe we need to see a reversal to the down support in order to have a good entry long up to 1.16791. low entry and tight stop lost is needed when going long on eurusd as I WOULD NOT RECOMMEND trying to predict Mr. Draghi move this year. Note: UK leaving the Euro Zone will change the pic and weakening the euro Best Regards

AdelMohamed

I believe we need to see a reversal to the down support in order to have a good entry long up to 1.16791. low entry and tight stop lost is needed when going long on eurusd as I WOULD NOT RECOMMEND trying to predict Mr. Draghi move this year. Note: UK leaving the Euro Zone will change the pic and weakening the euro recommend Best Regards

AdelMohamed

good luck

AdelMohamed

Recently, it has been risky trading the EURUSD due to what is going on in euro zone and the US. So one must be careful trading this pair till things become more clear. good luck

AdelMohamed

the stop lost above the close of this week candle

AdelMohamed

Good luck

AdelMohamed

Good luck

AdelMohamed

A sideways move have established a strong support and resistance level, the price had break out the support level and moreover the price have retested the same level and converted it into a resistance level. The fact that since Apr 2014 up to July 2014 the price found a lower strong resistance level between 0.94600 and 0.95040 as well as forming two candles that...

AdelMohamed

marking the double top up there and the price crossing over the MA 20,80,120 and 150 and find support at the MA 20 are giving a high probability that the price is searching for a new support down there and forming a down trend up to 0.82414. recommending securing your profit at 0.83022 good luck for all

AdelMohamed

looking at the daily chart, we can see how it confirms the idea i posted earlier, for the four hour chart. nice double top forming nicely and the price find resistance around the MA 80 level which gives a high probability for a down trend to take place. in my opinion a good sell signal and price passing the 87.481 level is a good entry that mostly would bring the...