Muhammad displayed his use of quadrants for a method he uses in his trading. He believe the S&P still has work to do on the downside towards 1750 and that USDJPY has topped. Muhammad is constructive Gold for a move towards $1170 and looking for buying opportunities in the Aussie.


-------

Join us for a unique Forex experience in the FXStreet’s Live Forex Room. The #FXroom is the new Online TV channel 100% Forex. Check the schedule and come!

Daily Schedule

8:00 - 9:00 GMT (4:00 –5:00 EST) Live Europe Market Open
  • Trade and Follow European opening bell with Yohay Elam and ForexCrunch
10:00 - 11:30 GMT (6:00 - 11:30 EST) The Finance Show
  • London online video show covering financial trading and sports with the TipTV team
13:00 – 15:00 GMT (9:00 – 11:00 EST) Live Analysis Room
  • US opening, sharing charts and strategies in community and top traders interviews with Dale Pinkert

-------
Who were the best experts in 2015? Have your say and vote for FXStreet's Forex Best Awards 2016! Cast your vote now!
-------

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD rises to daily tops past 1.0800 post-NFP

EUR/USD rises to daily tops past 1.0800 post-NFP

The selling bias in the Greenback gathers extra pace on Friday after the US economy created fewer jobs than initially estimated in April, lifting EUR/USD to the area of fresh peaks above 1.0800.

EUR/USD News

GBP/USD surpasses 1.2600 after disheartening US Payrolls

GBP/USD surpasses 1.2600 after disheartening US Payrolls

The resumption of the downward pressure in the US Dollar motivates GBP/USD to extend its earlier advance to the area beyond 1.2600 the figure in the wake of the release of US NFP.

GBP/USD News

Gold climbs to new highs above $2,300 on poor NFP prints

Gold climbs to new highs above $2,300 on poor NFP prints

The precious metal maintains its bullish stance and breaks above the $2,300 barrier on Friday after US Nonfarm Payrolls showed the economy added fewer jobs than expected during last month.

Gold News

XRP edges up after week-long decline as Ripple files letter in reply to SEC’s motion

XRP edges up after week-long decline as Ripple files letter in reply to SEC’s motion

Ripple filed a letter to the court to support its April 22 motion to strike new expert materials. The legal clash concerns whether SEC accountant Andrea Fox's testimony should be treated as a summary or expert witness. 

Read more

Week ahead – BoE and RBA decisions headline a calm week

Week ahead – BoE and RBA decisions headline a calm week

Bank of England meets on Thursday, unlikely to signal rate cuts. Reserve Bank of Australia could maintain a higher-for-longer stance. Elsewhere, Bank of Japan releases summary of opinions.

Read more

Majors

Cryptocurrencies

Signatures