The German Federal Election is almost a month away when German citizens will head to the polls on September 24th, which likely to be the country’s most significant political contest in decades. This election comes after the shocking Brexit referendum outcomes and the US election at the end of last year, which ended up with Donald J. Trump to be...

2017-08-21 Nour Eldeen Al-Hammoury Read more

The US Dollar Index tumbled last week, closing below 94.0 for the first time since August of the last year, which deepened the current bearish outlook. The main reason behind last week’s sharp decline came on the back of the news from the US Congress. Two of the major members of the Republican party noted that they would not back the new health...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Qatar_Crude Oil_0606

During the early morning hours of Monday, the first trading day of the week, the Middle East woke up to a bunch of breaking news, leading Crude Oil prices to rise by 1%. On Monday, many Arab countries decided to cut their ties with Qatar on claims that Qatar is supporting international terrorism. The decisions were tough, as many countries brok...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Trump_Saudi Arabia_2205

For the past few days, Donald Trump made history once again, as he signed the single largest arms deal in the US history. Such deal comes amid global geopolitical uncertainty whether in the region or abroad, including the tensions with North Korea. However, Trump’s decisions and the deals that were signed in Saudi Arabia showed a clear sign of ...

2017-07-26 Nour Eldeen Al-Hammoury Read more
USD Index_DYX_2504

The US Dollar Index is still trading within our plan outlined over the past few weeks. Last week, the US Dollar Index retraced all the way up to retest the 100.0 barrier. The Index closed last week’s trading on Friday exactly at that resistance. However, the index gapped lower on Monday following the outcomes of the first round of the French el...

2017-04-25 Nour Eldeen Al-Hammoury Read more
Silver_technical analysis_1804الفضة

Gold and Silver keep pushing higher since the beginning of the year, adding more than 10% of gains so far, outperforming some indices and other asset classes. Last week, both posted a new year high. Gold spiked above 1290, while Silver managed to touch 18.50. Despite the recent rally with a clear breakout of the previous highs of this year, tra...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Japan_trade

Nikkei 225 At The Lowest Level Since December   Since the beginning of the year, Nikkei 225 Index has been trading within a sideway trend between 19640 and 18790 with no clear break above or below those levels. Those levels are considered as key to the next trend. At the end of last week, the sideway trend has come to an end and now, i...

2017-07-26 Nour Eldeen Al-Hammoury Read more
UK Jobs_0404

The US Dollar advanced across the board yesterday, rising above 101.0 for the first time in two weeks. This is due to the Federal Reserve Chair Yellen testimony yesterday. Surprisingly, Janet Yellen kept the door open for a possible rate hike in March meeting, which pushed the Dollar higher, even though the Fed Fund Futures is pricing in 30% ch...

2017-02-15 Nour Eldeen Al-Hammoury Read more