Mahmoud Abdallah | TalkMarkets | Page 1
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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 ...more

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GBP/USD Analysis: All Eyes On BoE Decision
It is unlikely that the Bank of England will cut interest rates at this meeting, but there is speculation that there will be a signal that rates will be cut in June.
EUR/USD Analysis: After US Jobs Numbers
The EUR/USD currency pair extended gains to the resistance level 1.0812 on the back of weaker-than-expected US jobs data and settled around 1.0760 at the start of trading this week.
EUR/USD Analysis: Weak Bounce Despite Fed Announcement
The EUR/USD pair remained steady around 1.0715 despite the US Federal Reserve's announcement and comments from Fed Chair Jerome Powell.
EUR/USD Analysis: Bulls Await More Stimulus
EUR/USD is at risk of further weakness over the next five days, especially if eurozone inflation data comes in below expectations. At the start of trading this week, EUR/USD settled around 1.0733.
EUR/USD Analysis: Rangebound Trading Ahead Of Key Events
EUR/USD prices attempted a rebound last week, reaching the 1.0753 resistance level. However, the dollar recovered convincingly after consumer spending data showed stronger-than-expected growth in the first quarter of 2024.
USD/JPY Analysis: Yen Slumps To 34-Year Low
The Japanese yen witnessed further weakness against its counterpart, the US dollar, falling to its lowest level in over three decades.
GBP/USD Analysis: Focus Shifts Cautiously To US Data
According to recent trading activity, GBP/USD has been on the rise, easing some recent selling pressure.
GBP/USD Analysis: Strong Selling Pressure
For the second week in a row, the GBP/USD pair has been completing its strong downward correction path, which has pushed it towards the 1.2425 support level, its lowest in five months.
USD/JPY Analysis: New Record Highs
The Japanese yen continued to plummet to as low as 153.23 against the US dollar, its lowest level in 34 years, after data showed US inflation rose more than expected.
USD/JPY Analysis: Uptrend Until Japanese Intervention
A downside shift for the USD/JPY pair will not occur without anticipated Japanese intervention in the markets to prevent further collapse of the Japanese yen's price.
EUR/USD Analysis: Rebound Gains Still Weak
According to recent trading, the EUR/USD exchange rate was softer after inflation data for March declined, but it is important to keep in mind that there are inflationary trends that will limit any weakness.
Gold Analysis: Breaks New Historical Resistance
This is a new record bullish trading week for the gold market. Even with the rise in the price of the US dollar, the price of gold rose towards the new historical psychological resistance of $2,300 per ounce.
GBP/USD Analysis: Bears In Control
Finally, hopes of the GBP/USD currency pair moving towards the psychological resistance level of 1.3000 in the near term have evaporated.
Gold Analysis: Bullish Breakouts Continue
As is known, the price of gold is sensitive to fluctuations in interest rates because it affects the opportunity cost of holding bullion that does not generate a return.
GBP/USD Analysis: Treading Lower
Currently, the next most important support levels will be 1.2545 and 1.2480, and from the last level, the technical indicators will move towards strong selling saturation levels. 
GBP/USD Analysis: British, US Data Determines Fate
The most important support levels following the current downward shift may be 1.2550 and 1.2470, respectively.
1 to 16 of 31 Posts