Assem_Mansour

Assem_Mansour

SELL GBPAUD Bearish Bat pattern TP and SL are on the chart

Assem_Mansour Updated 

the pair took its cue from BOJ and FED decisions this week, as we can see on the chart the pair is consolidating above the support level 105.00 CFTC shows that the opened speculators positions at the bearish range and there is a big difference between the price and the money flows, I think BOJ may intervene in the markets in couple of months, I would prefer buying...

Assem_Mansour

US crude oil inventories decreased by 4.9 million barrels from the previous week more than expected, which supported the current rally albeit OPEC meeting tomorrow may disappoint oil market if it failed to cut production more than the markets expects, if it preferred to extend the cut agreement only I think prices would drop sharply as usual during past meetings....

Assem_Mansour Updated 

DXY is about to bounce from fibo 61.8% (upside move started on 25 June and ended on 1 OCT) so would it resume its upside trend on 25 oct?) watch for a bullish candlestick near to fibo level this month to buy. although the FED is expected to cut rates on 30 Oct from 2.00% to 1.75% specially after the weak performance of the manufacturer, service and the retail...

Assem_Mansour Updated 

Sell EURUSD: Bearish Butterfly patterns Fed rate cut is already priced in ECB starting QE on nov. Goodluck

Assem_Mansour

US oil broke the ascending trend line but it need to stabilize under 56.30 level to gain more downward momentum, sell on the weekly close under that level. stop loss and target are shown on the chart. good luck

Assem_Mansour Updated 

EURUSD faced a strong resistance at Fibo 50% and still inside the descending channel and under MA 200 on the other hand, the dollar index is bouncing from Fibo 61.8% and the ascending trendline (the yellow line) long term investor should place their stop loss above 1.11 Target1 should be placed at 1.09

Assem_Mansour Updated 

SELL EURCHF from the current range placing your stop loss above 1.11 First Target at 1.0935 Second Target 1.0600 good luck

Assem_Mansour Updated 

Buy NZDUSD after breaking the neckline of Head and Shoulder Pattern take profit and stop loss are shown on the chart good luck

Assem_Mansour

Sell gold after breaking Head and shoulder neckline china gold imports decline by 40% through august on Y/Y India gold imports decline by 73% Y/Y High prices will weaken the demand Goodluck

Assem_Mansour Updated 

SL and TP are shown on the chart, good luck this point of view is pure technical, low risk is preferred cuz of brexit saga

Assem_Mansour Updated 

- RBNZ likely to hold rates this meeting (Wednesday 2:00 am GMT) - The unemployment rate fell to 3.9% in Q2, wages picked up to 2.2% y/y - consumer spending increased to 39273 Million in Q2 reaching an all time high. -futures markets are currently pricing two more 25-bps cuts over the next 12 months so any upside momentum could be short lived, i will not hold any...

Assem_Mansour Updated 

Sell AUDUSD from current levels Target and Stop Loss are shown on the chart RBA is cutting rates this year Labor data is due to be released on Thursday, if it came below the expectation the pair would fall sharply.

Assem_Mansour Updated 

EURUSD is testing the upper line of the descending channel on daily time frame, Stop loss and Target are shown on the chart. Goodluck

Assem_Mansour Updated 

Buy the DAX prices broke the neckline of the inverted head and shoulders on 4H time frame targeting 12,400 level. Stop loss should be placed under the head.

Assem_Mansour Updated 

GBPUSD failed to break the descending trend line and broke the ascending trend line which supports the bearish scenario targeting 1.20 then 1.19 in the coming days stop loss should be placed at 1.22 goodluck

Assem_Mansour Updated 

gold broke the support area 1277/1285$ with a strong momentum, compare the down moves bars and percentage with the up moves and you will notice that gold go lower with strong momentum in less bars comparing with the up moves. I expect this move will target 1250$

Assem_Mansour

SELL EURAUD stop and traget on the chart BearishAlternateBat