OmarNAMOUCHI

OmarNAMOUCHI Updated 

Credit Suisse: EUR/USD to drop substantially towards the March 2020 high at 1.1495 : “A break below 1.1703/1.1695 would mark the completion of a large and important bearish ‘head & shoulders top’ to mark a significant change of trend lower. We would then see support initially at 1.1662 ahead of the September and November 2020 lows at 1.1612/04, which we would...

OmarNAMOUCHI Updated 

Hello Traders, Do not miss this set up " Head and Shoulders " on AUDUSD. Trade with care.

OmarNAMOUCHI Updated 

Hello Traders, the way things are going for bitcoin, the price should be back at $19k very soon. trade with care

OmarNAMOUCHI Updated 

Hello Traders Sell the GBPUSD . Trade with care

OmarNAMOUCHI Updated 

Hello Traders, J. Powell will not raise the interest rate any time soon, The FED will let inflation eat the green back. I'll be bearish on the USD ( DXY ) and long commodities. Good luck you all.

OmarNAMOUCHI Updated 

Hello Traders, Breaking News : ELONMUSK just gived up on Bitcoin, Tesla will no longer sell cars in exchange for Bitcoin. >> This will start a turmoil in the Cryptomarket. Also the inflation numbers that printed today of the US enconomy for the month of April jumped to 13 years high : 4.2% ( Actual ) vs 3.8% ( Expected ) >> this pushed the US10Y above 1.7% (...

OmarNAMOUCHI Updated 

Hello Traders, This is the bigger view on Bitcoin. The Bear market just started on the Cryptocurrencies Good luck your all.

OmarNAMOUCHI Updated 

Hello Traders, While Michael SAYLOR from MicroStrategy $MSTR is loading cash by selling junk-bond debt with 6.25% to 6.5% return annualy to buy #Bitcoin , other Cryptomarket and Bitcoin bears are rumping up their bet against $BTCUSD price, as you can see on this chart the selling positions keeps piling up.

OmarNAMOUCHI Updated 

Hello Traders, Today the US Federal Reserve has accepted a historical amount of ReverseRepo bid from banks : $485.329bln. Banks are returning the USD cash back to FED to repossess their US treasuries coupon in order to generate some yields. The recent comment from the FED board member are framing their comments in a Hawkish tone. The chart is showing " Falling...

OmarNAMOUCHI Updated 

Hello Traders, The United State Federal Reserve board members are shifting their comments to be more " Hawkish " towards the tapering of the bond buying program, here below are some of today comment made by the FED board member Robert Steven Kaplan : " FED'S KAPLAN: IT WILL BE BENEFICIAL AND NOT SHOCKING TO SEE THE 10-YEAR YIELD RISE. " " FED'S KAPLAN: WE...

OmarNAMOUCHI Updated 

Hello Traders, OPEC + will increase oil production during May/Jun/July. The Canadian Dollar is commodity based currency and backed by oil price. I expect to see the USDCAD trading higher during Q2/2021. Trade with care.

OmarNAMOUCHI Updated 

Hello Traders, Watch for the EURUSD to break down. Kind Regards

OmarNAMOUCHI Updated 

Hello Traders CADJPY is continuation trade for the downside. Trade with care.

OmarNAMOUCHI Updated 

Hello Traders USDJPY is losing monemtum and sell set up will be a perfect opportunity. Trade with care.

OmarNAMOUCHI

Hello Traders, WTI price will test the bottom if Risk On move in the market. I'll stay bullish on Oil price and any deep correction on WTI price is good opportunity to buy. Trade with care. Kind Regards

OmarNAMOUCHI Updated 

Hello Traders. Just for Remainder of this comment on the weekend " Swiss National Bank battling enormous pressure on safe-haven franc: Jordan" The SNB is strugrling to unload the franc in the market as it is bought right way by the speculators and investors. I'am expecting shift in the SNB policy that will cool the pressure ovre the Swiss Franc CHF. By looking...

OmarNAMOUCHI Updated 

Hello Traders, BREAKING NEWS. << Turkish banking authority blocks BNP Paribas, Citibank, and UBS from doing lira foreign exchange transactions >> << Turkish regulators have launched legal action against London-based financial institutions over allegations they bought large sums of foreign currency and then defaulted on Turkish lira liabilities to weaken the...

OmarNAMOUCHI Updated 

Hello Traders, In spite the US Federal Reserve is providing unlimited liquidity to sustain the market , still the macro data are at historic low because of the shutdown in the country and also the buyback shares are way below the previous years, this recent rally in the market can be washed away if Trump is going to open new front with China: because he believe...