US Dollar Bill

Another week has passed, and the US Dollar continues to lose ground, despite the fact that there were some positive economic releases at the end of the week. Yet, the US Dollar Index tumbled to the lowest level since June of last year and closed the week around 93.25, nearing 93.0 key support area. Fundamental Catalyst One of the main reas...

2017-07-31 Nour Eldeen Al-Hammoury Read more
Gold prices_0612

For the past few days, we can see some interesting signs starting to appear in precious metals. Despite recent declines, which were quite expected, it seems that gold and silver might be in progress to bottom out. Confirmation is still needed, but the signs of approaching bottom are getting more apparent day by day. However, we will concentrat...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Crude oil_OPEC_2206

Crude Oil prices continued to decline further despite the fact that OPEC and Non-OPEC members have been active in the media, trying to increase the hopes of stabilizing the market. However, things have just got even more interesting. Crude Oil Enters Bear Market Both West Texas Crude and Brent Crude have entered a bear market status, despit...

2017-07-26 Nour Eldeen Al-Hammoury Read more
gold bar

Since the beginning of the week, Gold and Silver has been trending higher gradually and getting closer by the hours to post the highest level of this year. There are still many factors involved for both metals. However, one of the main factors is the uncertainty around the world. Whether in the US, Brexit and the French election. Yet, such mov...

2017-03-30 Nour Eldeen Al-Hammoury Read more
Gold_precious metals_0211

Despite the fact that Gold has been rising since the beginning of the year, and despite adding more gains for three days in a row last week, Gold failed to break above its $1240 resistance area for the second time this year on Friday. However, there are many signs of good potential over the coming days, weeks and months, and the positive outloo...

2017-02-20 Nour Eldeen Al-Hammoury Read more
Euro Dollar_Technical outlook

For the past four months, the Euro has been trading within a range of 1.09 – 1.14 with no clear break above or below these solid levels, leading technical indicators to show flat lines on the longer term view, which makes it more difficult to predict the upcoming moves from a technical analysis point of view. What To Do? Merging between funda...

2016-09-27 Nour Eldeen Al-Hammoury Read more