JawadShoukeir

JawadShoukeir

After setting Fib retracement here are the results: - Fib retracement and Extension we can conclude the there is a hard area to break and the trend is more likely to end begin rallying down for a reversal. - A major Resistance level is set on 1.69686 level and is so hard to break from the recent till down as shown the candlesticks have a bearish indicated wicks...

JawadShoukeir

- Key points: 1- The fall statement came in the context of weak economic growth, high inflation rates and high interest rates. The Office of the Balance Sheet projected that the UK would be in recession from the third quarter which would last for just over a year until the third quarter of 2023, with GDP falling 2.1% ...

JawadShoukeir

Hello there! So after the Q3, and the decisions that has been taken by the BOJ concerning the interest rate, in addition to the 0.4% rise in the CPI. As well as the decrease in the DXY during the last month -4.79% and in the last 5 days a decrease that resulted -3.13%. Those factors alone can picture the path of the USDJPY. Going now into the technical part, too...

JawadShoukeir

Good Evening, Despite of the meetings the European Central Bank did and especially Bank of England in which it raised the inflation recently, we need to talk in technical analysis language and in an easy simplified language in which traders out there can claim what's going on. So here are the key points: - There is bearish order block set in 0.87081 level which...

JawadShoukeir

Hey fellas, This will be my first article here, and after a lot of training and education in this domain for almost a year, I think it's the right time to share my thoughts with professionals out there. Let's get straight into the point. So after the bearish trend the EURUSD stated since Feb, traders who enter positions for long terms of time must have gained a...