About Mohammed Shalaby
Mohammed Shalaby is an experienced Forex trader and has been involved in the Forex, stocks and options markets since 2008.
A professional in trading strategies management, Mohammed has provided consulting services to thousands of traders across the Middle East. In addition to serving as a Forex market analyst for 5 leading industry sites, Mohammed also established Forex Money, a free Forex practice trading network, as well as the FXMME financial fund in association with Alpari (UK).
Besides being a specialist in Elliott Wave Theory, risk management, fundamental analyses and harmonic price patterns, Mohammed's other specializations include:
- Electronic Marketing
- Management
- Unique trading styles
- Financial trading and reporting
- Forex training
- Trading strategies development
- Public relations
- Financial event corporate representation
Latest 12 Articles
In the middle of this week's trading the British pound was stronger, in line with some better than expected economic data.
There is no doubt that the stronger US inflation figures increased the markets’ bets that the US Federal Reserve would be more aggressive in the coming months in the pace of raising US interest rates.
One euro is now equal to one US dollar for the first time in two decades after the historic slide in the rate of the common European currency.
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For the second day in a row, the price of the EUR/JPY currency pair is moving in an upward rebound range with gains to the resistance level 139.05.
With the beginning of this week’s trading, the gold price completed the broader downward path, as the US dollar continues its record gains.
The demand for the US dollar was strong at the beginning of this week's trading, amid a decline in global stock markets linked to renewed fears of more Chinese economic problems as a new outbreak of Covid-19 was reported in Shanghai.
The GBP/USD currency pair tried to maintain the resistance level of 1.20 but faced a battle to hold on to it in the coming days as it will be at risk of sliding towards the stronger support 1.18 and may face difficulties in extending any further advance far above the 1.21 level.
The EUR/USD dropped significantly last week before entering a circle of parity but rose smartly in time to close out the week and can now defy gravity by trading solidly above a temporary low around the 1.0020 level in the coming days.
The Dow Jones Industrial Average Index continued the corrective rise during its recent trading at the intraday levels, very slightly.
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Last week’s trading on natural gas prices ended lower until last Friday, as the spot natural gas prices fell until the end of Friday to 6.040, after a corrective rise at the end of last Thursday.
The Dow Jones Industrial Average continues the corrective rise during its recent trading at the intraday levels, very slightly.
Last week’s trading on natural gas prices ended lower on Friday, as the spot natural gas prices decreased in their recent trading at the intraday levels.