Mahmoud Abdallah

Mahmoud Abdallah
Published articles: 3756

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

Despite daily Japanese warnings about the imminent date of intervention in the Forex currency markets to prevent further collapse of the Japanese yen exchange rate

Since the start of trading this week, the EUR/USD Euro to US Dollar price has been on an upward retracement path.

Since yesterday's session, the British pound has been recovering against the euro and US dollar currencies, after data showed the strength of the economic recovery in April.

XAUUSD gold price fell below the $2320 level per ounce on Wednesday, under the influence of declining demand for safe-haven assets.

Gold prices settled around $2300 per ounce (XAUUSD) on Tuesday's trading, hovering near their lowest levels in about three weeks as fears of a wider Middle East

In a record-breaking upward trend, the USD/JPY surged to around the 154.85-yen resistance, hitting a 34-year low and prompting a senior official to issue fresh

The pound sterling fell towards $1.23, reaching its lowest level since mid-November, as investors recalibrated their expectations for the timing of the Bank

The EUR/USD is expected to trade higher this week, although the bigger picture is still one of weakness at the 1.05 psychological support level.

The Bank of Japan's policy decision will be closely scrutinized this week for clues on the future path of Japanese interest rates.

According to forex trading platforms, GBP/USD has plummeted to a five-month low of 1.2366 support after Israel launched a series of airstrikes on multiple military targets inside Iran.

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