EUR/USD remains bearish as strong US data and weak European indicators push the pair to an 11-week low within a clear descending channel.
Technical Analysis
About Mahmoud Abdallah
About Mahmoud Abdallah
Mahmoud Abdullah is a financial markets analyst who has been covering global market movements for several years, with a particular focus on forex trading, commodities, indices, and macroeconomic price action analysis.
He has been analyzing global financial markets since 2006 and currently serves as the Chief Analyst and Editor-in-Chief of the well-known website Traders Up.
Mahmoud Abdullah combines technical analysis with macroeconomic context to understand market trends, paying close attention to price behavior, momentum, support and resistance levels, risk management, and evaluating high-probability market opportunities.
Areas of Expertise
- Forex (Foreign Exchange) market analysis and trading.
- Technical analysis and Price Action.
- Trend and Momentum analysis.
- Economic news analysis and central bank policy impacts.
- Global indices trading.
- Analysis of commodities, metals, equities, and cryptocurrency markets.
- Risk Management and position sizing.
- Building trading strategies based on discipline and consistency.
- Evaluating trading brokers to determine the best options.
Academic and Financial Qualifications
Mahmoud Abdallah holds a Bachelor of Laws (LL.B.) from Al-Azhar University in Egypt. He mastered trading through numerous live and online educational courses and has been an active trader for more than 20 years.
Professional Background
As a financial market analyst, Mahmoud Abdallah provides regular market updates along with weekly, monthly, and daily forecasts for various financial assets. His work focuses on simplifying technical analysis and linking it to influential economic factors.
He possesses extensive practical experience tracking global markets and analyzing the impact of major economic data releases on currency and commodity movements, particularly during periods of high volatility.
Mahmoud Abdallah is the founder of the Forex Online1 group, which network included several websites dedicated to trading in the currencies, oil, gold, and financial markets, such as Forex Online1, Al-Eqtisad.net (Economy.net), and Signals Pro. Additionally, his analyses, ideas, and articles have been featured across prominent trading platforms, including DailyForex, Traders Up, and Investing.com.
Financial Qualifications
Mahmoud Abdallah relies on an analytical methodology that combines:
- Tracking the overall market trend.
- Reading momentum using technical indicators.
- Identifying pivotal price levels (Support and Resistance).
- Bridging technical analysis with fundamental economic factors.
His analyses focus on high-quality trading opportunities, emphasizing the vital importance of capital management and disciplined decision-making.
Trading Philosophy
Mahmoud Abdallah believes that success in financial markets does not depend solely on predicting the next move, but rather on:
- Adhering to the general trend.
- Strict risk management.
- Avoiding overtrading.
- Focusing on high-probability setups.
He strongly encourages traders to develop a clear trading methodology rooted in consistency rather than randomness.
Why Readers Trust Mahmoud Abdallah?
- A clear and direct approach to market analysis.
- A seamless integration of technical and fundamental analysis.
- A focus on scenarios, not random predictions.
- Information simplified for traders of all skill levels.
- Providing a market perspective based on logic, not emotion.
Latest 12 Articles
Gold remains under bearish pressure as sellers target the crucial $4,000 support level, with US rate hike bets and tech selloff liquidity needs weighing on XAU/USD.
Technical Analysis
Gold remains under bearish pressure as Fed rate hike expectations and US Dollar strength push XAU/USD toward key support levels.
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The Euro to US Dollar (EUR/USD) exchange rate faced strong selling pressure during last week's trading. This came after the US Federal Reserve reinforced market expectations that tight monetary policy will persist for longer than anticipated, pushing the currency pair to its lowe
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Gold remains under bearish pressure as the US dollar strength and Fed hawkish expectations keep sellers focused on the $4,000 psychological level.
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EUR/USD remains under bearish pressure near three-month lows as Fed hawkish expectations and dollar strength keep sellers in control.
Technical Analysis
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Gold remains under bearish pressure as the hawkish Fed strengthens the US Dollar, putting $4,200 support and deeper downside levels in focus.
Technical Analysis
EUR/USD breaks below 1.1500 after the Fed’s hawkish rate outlook, strengthening bearish momentum as traders watch 1.1465 support.
Technical Analysis
Gold holds its recent rebound as traders await the Federal Reserve decision for signals on the US dollar, yields, and the next XAU/USD move.
Technical Analysis
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EUR/USD trades cautiously near 1.1600 as traders await the Federal Reserve decision for the next major directional signal.
Technical Analysis
Gold rebounds from recent lows as traders watch $4500 resistance for confirmation of a stronger bullish reversal.
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EUR/USD attempts a corrective rebound within a bearish channel as traders watch 1.1700 resistance and the Fed decision for direction.
Technical Analysis
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