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Technical Update: TASI, Saudi Stock Exchange breaks out with conviction

The Tadawul All Share Index (TASI) broke out of a multi-month Symmetrical Triangle consolidation pattern on Monday thereby providing the first trigger for a continuation of the long-term uptrend. Volume reached a 7-day

GBP/CHF analysis: Short-term weakness should be followed by resumption of bull trend

The larger pattern in the GBPCHF remains bullish given the following: •Decisive breakout of Head and Shoulders Bottom and also breakout above the 200-day exponential moving average (ema) occurred four weeks ago.

Dubai Financial Market General Index looking for next resistance zone

The Dubai Financial Market General Index ( DFMGI ) ended its last day (April 04, 2017) trading session by gaining 0.58% to close at 3,559.69. Last five consecutive days the benchmark index ended in a positive note

Overall bullish characteristics remain for the Tadawul All Share Index (TASI)

Following a breakout from a relatively large Double Bottom trend reversal pattern in late-November (breakout above 6,875.69) of last year the Tadawul All Share Index (TASI) pulled back and has been consolidating

A 25 Year Old - Financial Markets Professional, with over 8 years experience in the Markets. He holds Bachelors (Science) in Economics in 2012 and his thesis was the highest graded paper in the year "The Impact Of Terrorism On the Karachi Stock Exchange, an Empirical Analysis". Anish- Eat, Sleep...

Anish S. Lal, Bsc

A busy day for Sterling Traders

Asian shares were mixed on Wednesday, as weak Chinese export data offset a brightening energy sector outlook and an expected delay in interest rate hikes by the U.S. Federal Reserve. China trade balance for the month...

Anish S. Lal, Bsc

  • Jun 8, 2016
  • 55

A 25 Year Old - Financial Markets Professional, with over 8 years experience in the Markets. He holds Bachelors (Science) in Economics in 2012 and his thesis was the highest graded paper in the year "The Impact Of Terrorism On the Karachi Stock Exchange, an Empirical Analysis". Anish- Eat, Sleep...

Anish S. Lal, Bsc

What To Expect At $20 Oil?

As we saw Oil dip below $30 per barrel yesterday, we have seen somewhat of an overnight reprieve in the Oil trading sessions of Asia and Europe. However,  it is very hard to find reasons to be optimistic in...

Anish S. Lal, Bsc

  • Jan 14, 2016
  • 149

A 25 Year Old - Financial Markets Professional, with over 8 years experience in the Markets. He holds Bachelors (Science) in Economics in 2012 and his thesis was the highest graded paper in the year "The Impact Of Terrorism On the Karachi Stock Exchange, an Empirical Analysis". Anish- Eat, Sleep...

Anish S. Lal, Bsc

Oil Crisis? Should We Now Buy Gold?

With a 17% fall in Oil since the start of 2016 , the possibility of $20 oil becomes a real target for Investors, as we see major Hedge Funds exit the commodity. Gold since August has been swung around in a tug of...

Anish S. Lal, Bsc

  • Jan 13, 2016
  • 147

CHINESE YUAN continues to devalue against the U.S DOLLAR

2016 can be another year of weak performance for the emerging markets. USD/CNY chart will have significant impact on emerging market currencies and equities. In the second half of 2015, sharp devaluation of the Yuan...

Aksel Kibar, CMT

  • Jan 3, 2016
  • 69

Fund Manager and Technical Analyst

Musa Haddad, MSTA

History Suggests That EUR Tends To Lead the Way In Trend Reversal for Crude Oil

Euro Vs WTI Crude Oil showing tops & bottoms; History suggest that Euro tops & bottoms before Crude Oil EURUSD Weekly Chart - Long term uptrend intact    indicating a bottom at 1.0538...

Musa Haddad, MSTA

  • Dec 27, 2015
  • 313
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Bruce Powers, CMT, is Chief Technical Analyst for MarketsToday.net, a financial portal for the Middle East stock markets, plus Forex, oil and metals, published in Arabic and English. He has over 20 years experience in the financial markets.

Bruce Powers, CMT

Bruce Powers, CMT, is Chief Technical Analyst for MarketsToday.net, a financial portal for the Middle East stock markets, plus Forex, oil and metals, published in Arabic and English. He has over 20 years experience in the financial markets.

Bruce Powers, CMT

Bruce Powers from MarketsToday.net published his weekly column on Dubai and Abu Dhabi stock markets

Dubai shows further strength with best performance in nine weeks

Bruce Powers, CMT

  • Jun 11, 2017
  • 16

Bruce Powers, CMT, is Chief Technical Analyst for MarketsToday.net, a financial portal for the Middle East stock markets, plus Forex, oil and metals, published in Arabic and English. He has over 20 years experience in the financial markets.

Bruce Powers, CMT

Bruce Powers, CMT, is Chief Technical Analyst for MarketsToday.net, a financial portal for the Middle East stock markets, plus Forex, oil and metals, published in Arabic and English. He has over 20 years experience in the financial markets.

Bruce Powers, CMT

Shoaib Abedi is the Director and co-founder of ICM Capital; a UK based company licensed and regulated by the Financial Conduct Authority (FCA) in London with offices around the world. He is respected in the online trading industry and often quoted in well-known media outlets where he gives...

Shoaib Abedi

USD Under Heavy Selling Pressure

USD Dollar weakness stayed in play for Friday as traders continued to worry about the repercussions of the investigation on Trump's intelligence information leak to Russia. There were no reports released from...

Shoaib Abedi

  • May 22, 2017
  • 5

Bruce Powers, CMT, is Chief Technical Analyst for MarketsToday.net, a financial portal for the Middle East stock markets, plus Forex, oil and metals, published in Arabic and English. He has over 20 years experience in the financial markets.

Bruce Powers, CMT

MarketsToday.net® is an online financial portal covering eight Middle East stock markets plus Forex and Commodities, published in both Arabic and English. This portal is designed to help keep investors and traders up-to-date with the latest news, quotes, performance trends, and market...

MarketsToday.net

A brief about Parabolic SAR

The Parabolic SAR helps the chart technicians to anticipate a certain move in the price of a financial asset. Not only the directional but also the reversal can also be identified by the system. The system is based...

MarketsToday.net

  • May 18, 2017
  • 7

Shoaib Abedi is the Director and co-founder of ICM Capital; a UK based company licensed and regulated by the Financial Conduct Authority (FCA) in London with offices around the world. He is respected in the online trading industry and often quoted in well-known media outlets where he gives...

Shoaib Abedi

Dollar Falls Sharply Amid Trump’s Political Turmoil

USD On Wednesday, the U.S. dollar fell as much as 1% vs. a basket of major currencies amid political uncertainty that surrounded the Trump administration, especially following reports that stated he had asked...

Shoaib Abedi

  • May 18, 2017
  • 4

Shoaib Abedi is the Director and co-founder of ICM Capital; a UK based company licensed and regulated by the Financial Conduct Authority (FCA) in London with offices around the world. He is respected in the online trading industry and often quoted in well-known media outlets where he gives...

Shoaib Abedi

U.S. Dollar Stands Tall while Gold Declines

USD On Tuesday, the U.S. dollar rose for the second time in a row vs. a basket of major currencies amid strong expectations that the U.S. growth could increase during the next month. Meanwhile, the Greenback...

Shoaib Abedi

  • May 10, 2017
  • 6

Shoaib Abedi is the Director and co-founder of ICM Capital; a UK based company licensed and regulated by the Financial Conduct Authority (FCA) in London with offices around the world. He is respected in the online trading industry and often quoted in well-known media outlets where he gives...

Shoaib Abedi

Dollar Recovers

USD The Greenback recovered yesterday vs. a basket of major currencies, as investors believe that the Federal Reserve could hike its benchmark rate next month amid strong U.S. data.  •The dollar...

Shoaib Abedi

  • May 9, 2017
  • 6

MarketsToday.net® is an online financial portal covering eight Middle East stock markets plus Forex and Commodities, published in both Arabic and English. This portal is designed to help keep investors and traders up-to-date with the latest news, quotes, performance trends, and market...

MarketsToday.net

A study on RSI and its practical application

RSI  The Relative Strength Index (RSI) is a technical indicator used by chart technicians to analysis a stock/commodity/index. It is momentum oscillator that measures the quickness and variation of price...

MarketsToday.net

  • May 9, 2017
  • 41

Bruce Powers, CMT, is Chief Technical Analyst for MarketsToday.net, a financial portal for the Middle East stock markets, plus Forex, oil and metals, published in Arabic and English. He has over 20 years experience in the financial markets.

Bruce Powers, CMT

Shoaib Abedi is the Director and co-founder of ICM Capital; a UK based company licensed and regulated by the Financial Conduct Authority (FCA) in London with offices around the world. He is respected in the online trading industry and often quoted in well-known media outlets where he gives...

Shoaib Abedi

Federal Reserve Keeps Interest Rates Unchanged

USD On Wednesday, the Federal Reserve kept interest rates unchanged, emphasized the strength of the U.S. labor market and downplayed soft first-quarter economic growth in its statement following the end of the...

Shoaib Abedi

  • May 4, 2017
  • 14

MarketsToday.net® is an online financial portal covering eight Middle East stock markets plus Forex and Commodities, published in both Arabic and English. This portal is designed to help keep investors and traders up-to-date with the latest news, quotes, performance trends, and market...

MarketsToday.net

What is MACD?

MACD stands for Moving Average Convergence/Divergence oscillator. It is the one of the simplest and most operative momentum indicators available. The quality of MACD is that it helps quickly identify the increasing...

MarketsToday.net

  • May 3, 2017
  • 70

Shoaib Abedi is the Director and co-founder of ICM Capital; a UK based company licensed and regulated by the Financial Conduct Authority (FCA) in London with offices around the world. He is respected in the online trading industry and often quoted in well-known media outlets where he gives...

Shoaib Abedi

All Eyes on FOMC Meeting

USD Markets await Fed's interest-rate decision; however, it could leave interest rates unchanged as the U.S. economy grew by less than expected in the first quarter of the year.  Meanwhile, the...

Shoaib Abedi

  • May 3, 2017
  • 7

Shoaib Abedi is the Director and co-founder of ICM Capital; a UK based company licensed and regulated by the Financial Conduct Authority (FCA) in London with offices around the world. He is respected in the online trading industry and often quoted in well-known media outlets where he gives...

Shoaib Abedi

The Greenback Settles

USD On Monday, the Greenback recovered slightly and was traded in a limited range as several markets in the U.S., Asia and Europe closed for the May Day holiday ahead of the two-day Federal Reserve policy...

Shoaib Abedi

  • May 2, 2017
  • 3

Shoaib Abedi is the Director and co-founder of ICM Capital; a UK based company licensed and regulated by the Financial Conduct Authority (FCA) in London with offices around the world. He is respected in the online trading industry and often quoted in well-known media outlets where he gives...

Shoaib Abedi

The Greenback under Pressure

USD The U.S. gross domestic product grew at an annual pace of 0.7% in the first three months of the year, which is the slowest quarter of growth since the first quarter of 2014. Meanwhile, it would be difficult...

Shoaib Abedi

  • May 1, 2017
  • 4

Shoaib Abedi is the Director and co-founder of ICM Capital; a UK based company licensed and regulated by the Financial Conduct Authority (FCA) in London with offices around the world. He is respected in the online trading industry and often quoted in well-known media outlets where he gives...

Shoaib Abedi

All Eyes on ECB’s Policy Meeting

EUR As markets are awaiting the European Central Bank’s policy meeting, which will be held later on today, the bank is widely expected to keep its key rates unchanged. In addition, traders are awaiting to...

Shoaib Abedi

  • Apr 27, 2017
  • 6

MarketsToday.net® is an online financial portal covering eight Middle East stock markets plus Forex and Commodities, published in both Arabic and English. This portal is designed to help keep investors and traders up-to-date with the latest news, quotes, performance trends, and market...

MarketsToday.net

A study on Pivot Points

Pivot Points Pivot Points are important levels/points used by a chartist to define the directional movement, support and resistance. The pivot points are mostly used by day trader to know the mid-point so that...

MarketsToday.net

  • Apr 26, 2017
  • 38

Shoaib Abedi is the Director and co-founder of ICM Capital; a UK based company licensed and regulated by the Financial Conduct Authority (FCA) in London with offices around the world. He is respected in the online trading industry and often quoted in well-known media outlets where he gives...

Shoaib Abedi

French Elections Revives Risk Appetite

USD The Greenback settled near its lowest level vs. a basket of major currencies after Emmanuel Macron won the first round of the French presidential election. The U.S. dollar was sold-off after U.S. Senate...

Shoaib Abedi

  • Apr 25, 2017
  • 3

Shoaib Abedi is the Director and co-founder of ICM Capital; a UK based company licensed and regulated by the Financial Conduct Authority (FCA) in London with offices around the world. He is respected in the online trading industry and often quoted in well-known media outlets where he gives...

Shoaib Abedi

All Eyes on French Election

USD The USD has given back its initial Trump inspired rally. Confidence in Trump’s capacity to deliver on his ambitious agenda has faded. Economic recovery outside of the US has gained momentum, attracting...

Shoaib Abedi

  • Apr 20, 2017
  • 53

MarketsToday.net® is an online financial portal covering eight Middle East stock markets plus Forex and Commodities, published in both Arabic and English. This portal is designed to help keep investors and traders up-to-date with the latest news, quotes, performance trends, and market...

MarketsToday.net

Study on Moving Averages

What is Moving Averages? In simple terms, Moving averages means lagging indicators. The moving averages calculation is based on number of data points hence, lesser the data points, the lesser the lag and...

MarketsToday.net

  • Apr 20, 2017
  • 25

MarketsToday.net® is an online financial portal covering eight Middle East stock markets plus Forex and Commodities, published in both Arabic and English. This portal is designed to help keep investors and traders up-to-date with the latest news, quotes, performance trends, and market...

MarketsToday.net

Introduction to Support and Resistance

Support and resistance are the most commonly used terms by traders while studying the price action through a chart. What derives the Support and Resistance is the Supply and Demand. When demand increases, prices...

MarketsToday.net

  • Apr 17, 2017
  • 23

Bruce Powers, CMT, is Chief Technical Analyst for MarketsToday.net, a financial portal for the Middle East stock markets, plus Forex, oil and metals, published in Arabic and English. He has over 20 years experience in the financial markets.

Bruce Powers, CMT

MarketsToday.net® is an online financial portal covering eight Middle East stock markets plus Forex and Commodities, published in both Arabic and English. This portal is designed to help keep investors and traders up-to-date with the latest news, quotes, performance trends, and market...

MarketsToday.net

Introduction to Technical Analysis

  What is Fundamental Analysis? Fundamental analysis is a method of estimating the intrinsic value of a company by examining monetary, economic, qualitative and quantitative factors. Intrinsic value...

MarketsToday.net

  • Apr 12, 2017
  • 56

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