Abdallah

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Last visit Joined 8 months ago Abdallah85
Markets Allocation
100 % forex
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AUDUSD 100% | 2
Abdallah Abdallah AUDUSD, 240, Short , 5 months ago
AUDUSD: AUD/USD : Is 0.76104 the key to the deadlock?
16 0 0
AUDUSD, 240 Short
AUD/USD : Is 0.76104 the key to the deadlock?
AUD/USD has been trading within range (0.742-0.764) all July. Some fierce resistance was at 0755, 0.761 and 0.764 levels. Meanwhile, 0.742 was July's major support with 0.749 acting as a front line support that kept bears from taking over. Friday trading saw the pair failing its last attempt to break the 0.749 ...
Abdallah Abdallah AUDUSD, 240, Short , 8 months ago
AUDUSD: Bearish May aftermath
34 0 2
AUDUSD, 240 Short
Bearish May aftermath
After retesting the descending May trendline on Friday, the pair closed near the 0.618 levels (0.78351-0.68270) standing at 0.72121, leaving some room for speculations over the next two weeks. Possible scenarios: 1- A continuation of the bearish May movement with 0.7110 as first target with a possible break ...
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