Walid_Aboeldahab

Walid_Aboeldahab

The long-term outlook for all semiconductor companies is positive Due to the boom in artificial intelligence and the increased demand for chips The only obstacle they may face in the coming period will be any fear regarding supply chain disruptions TSM itself has positive news and positive expectations for the coming period, especially after its announcement of...

Walid_Aboeldahab

Litecoin LTCUSD A technical look at the half-hour frame Tendency to rise in the short term It is not a recommendation, just a technical likely scenario for the short-term path of movement

Walid_Aboeldahab

EURUSD is still trying to consolidate above the 1.06 barrier, but the 620/630 area is trying to play its role as resistance against a rise that can be described as corrective due to its weak momentum. In the short term, I favor the idea of a drop to 580, and maybe to 565, with a break of 600

Walid_Aboeldahab

Australian Dollar AUDUSD After the failure of the first bearish scenario with a break of 6974 and the recent recovery We are testing a higher resistance area - from the 0.7 level all the way to the top The pace of the rise seems relatively slower than the previous decline, which reflects the relative weakness of the bulls, and this supports the bias to the...

Walid_Aboeldahab

It appears that the USD bulls see a positive pre-emptive outlook on the Fed's minutes and employment data this week The rise of the dollar today indicates an expected control of the buyers, especially with the crossing of the 105 barrier Gold, by comparison, is still positive today, but a negative candlestick today, with the decline in momentum - divergence - and...

Walid_Aboeldahab

Gold XAUUSD benefits from yesterday's data with a negative impact on the dollar, recovering to 1825 before bouncing down with a decline in momentum while testing the resistance of 1807.96 The current wedge formation reflects overbought and correction possibilities with the expected profit-taking wave to 1775 If the sellers can fall below the 1800 mark The...

Walid_Aboeldahab

The USDCAD pair has obstacles that must be overcome to rise If we assume the continuity of the positive impact of expectations of a continuation of the Fed’s tightening pace on the USD, and the negative impact of expectations of a decline in oil demand due to China’s Covid policies on the Canadian CAD

Walid_Aboeldahab

GBPUSD descending broadening reversal formation in a corrective wave An important reversal area is being tested with a technical expectation of a bullish rebound to watch 1.1410

Walid_Aboeldahab

Natural gas is still under negative pressure The 100-week moving average crossed by closing last week with the highest trading pace since the August top at $10 The price is currently testing a price congestion area between $5 and $4.6 Momentum is negative in the long-term to the medium term And expectations of the continuation of the downward wave to 3.96

Walid_Aboeldahab

News of the Bank of Japan's intervention in the market on Friday was behind the latest shift in the movement, with the decline in US bond yields pressured somewhat to see the USDJPY pair at 145.90 to test support before the latest recovery The pair almost recovered 50% of its losses, and the bets are still on returning to the top of the last peak, especially with...

Walid_Aboeldahab

baffling AUDUSD Ascent overall is puzzling so far Test an important resistance area from 6361 to 6373 Considering that the impulsive five-wave ended at the bottom of 6170, the current rise may be a diagonal front to start a larger bullish wave Or that the current wave is nothing but a larger correction of the fourth wave, and the next is a decline for the...

Walid_Aboeldahab

Gold prices Technically XAUUSD Oversold in the medium term, divergence in the short term with a dip tested a demand area then An attempt to recover and a test for the $1,640 barrier Gold is looking for buyers amid the rise of the US dollar and its bond yields The ball is in the Fed’s court and its expectations to watch 1640 - 1644 1632

Walid_Aboeldahab

The support that the US dollar received from the 110 barrier was reflected by resistance on gold's moves down from 1762.78 While the dollar index is trying to test and exceed 114, gold is testing 1680 in preparation for further decline The state of risk aversion, with expectations of continued interest rate hikes, supports the dollar at the expense of gold This...

Walid_Aboeldahab

USOIL Crude Oil The current rate of rise is considered the strongest momentum and price since the downward movement from the top of last June 14 EMA100 tested below the $94 barrier The bullish bets are still valid in the direction of 95 and 97, as the current decline is considered a temporary correction to watch 93.00 91.00

Walid_Aboeldahab

USDCAD 4 hours Oil rally (Canadian CAD supports) + US dollar decline and negative outlook until the end of the week = high odds of seeing more decline USDCAD Current test 1.3500 with average of 100 Test predictions 1.3420

Walid_Aboeldahab

The dollar index continues to decline and tests an important psychological support at 110 Pressure from the ISM manufacturing index and negative expectations for the service index today The dollar is likely to face a wave of weak demand until the end of the week and the emergence of employment data to watch 110.00 108.90

Walid_Aboeldahab

Australian dollar is still under negative pressure after it crossed the 6700 barrier in the middle of last week And the continuation of the strong decline with Friday trading, approaching the psychological barrier of 6500 We may see a corrective recovery in the direction of 6600 But the outlook remains bearish for the time being, especially with exceeding 6500 to...

Walid_Aboeldahab

USOIL In the long term, technically, the likely end of the corrective wave formation with upside potential Short term A short-term support test with oversold levels, a tendency for a positive retracement, and with the positive momentum reap, it is expected to test 86.56 then the 88/87 range.