Megatrend - Analysis

noreply@blogger.com (Rabih Zein) — Fri, 26 Mar 2010 20:32:00 +0000

THIS BLOG HAS BEEN SHUT TEMPORARLY

Euro Technical analysis

noreply@blogger.com (Rabih Zein) — Mon, 18 Jan 2010 14:33:00 +0000

The Euro has been trading in a narrow range, though with very high volatility, giving false alarms for buy and stop loss orders. the volatility was ranging near the turning point of 1.4341, but succeeded to to achieve a positive breakout within the first week of 2010.

The Euro is currently at 1.4378, and is facing a major support level at 1.4341. Good buying orders could be placed, at these levels, with cautions on using stop loss below the 1.4341. The Euro is not expected to be in a narrow range in the coming period, as i believe it will continue its bullish behavior, at least for the short to medium term, with a potential target at around 1.4711.

These signs are supported by a bullish curved MACD that is about to cross the center line, as well as an RSI heading towards the oversold region, which entitles a downward pressure on the EURO in the very near term (which again explains the potential from current market prices to the turning point).

the best strategy is to go short this week at market levels, and make your long orders ready at the specified support.

Fundamentally, i also recommend going long for the Euro, especially versus the USD, as the touristic season helps, to some extent, to increase the demand on the European currency, which keeps the Euro in favor for the current times.

To follow the economic calendar of the Euro and other major currencies, please Click Here

Currencies Performance

noreply@blogger.com (Rabih Zein) — Sun, 10 Jan 2010 16:33:00 +0000

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Forex Trading by

Economic Calendar

noreply@blogger.com (Rabih Zein) — Sun, 10 Jan 2010 15:25:00 +0000

Downloads

noreply@blogger.com (Rabih Zein) — Sat, 09 Jan 2010 13:51:00 +0000

In this section, you will find multiple external Mediafire links that would lead you to download tools that can be helpful for helping you taking a better decision while investing into a risk-full environment. This section will be updated regularly, so stay posted.

Financial Tools

Financial Books

UAE Banking Sector by

noreply@blogger.com (Rabih Zein) — Sat, 09 Jan 2010 13:23:00 +0000

It has been a dramatic final quarter of the year for the UAE, and particularly for the banking sector. The Nakheel debt problem has thrown into sharp relief the indebtedness of the entire emirate, and this has spread contagion to the general business environment. Even with the bond paid, there still remains a further USD22 billion on the table for rescheduling or restructuring. It is of course a strong positive that Abu Dhabi has been willing to fund a further USD10 billion worth of debt. However, with Dubai having to face an estimated USD120-150 billion debt mountain, the picture has changed for the banks.

We Expect the Impact on the Banks to be Wide-Ranging: In addition to the direct impact of any potential debt shortfall, we believe there is likely to be a secondary impact on banks from deterioration in business and consumer confidence and potential delay or restructuring in the cash flows of their clients. We expect industry in Dubai to be more affected than that in Abu Dhabi. While the main impact on banks will be on provisioning, we would also expect Dubai and the Northern emirates to go through a period of deleveraging, with only Abu Dhabi’s public sector growth ensuring continued credit expansion.

To Download the full report: UAE Banking Sector - EFG Hermes

Oil markets monthly bulletin by Global

noreply@blogger.com (Rabih Zein) — Sat, 09 Jan 2010 09:25:00 +0000

Oil markets bid farewell to the year 2009 on a high-note as crude oil prices recovered from the battering they received from the global recession in early part of the year. In view of the recovery in oil prices, OPEC decided to keep the output levels unchanged in its latest meeting.

World oil demand is expected to average 84.3mn bpd in 2009, a decline of 1.4mn (1.6%) bpd YoY (OPEC). Total US commercial stocks stood at 1,088.1mn barrels at the end of November 2009 compared to 1,089.5mn barrels at the end of October 2009

To download the full report: Monthly Oil Bulletin - Global

Prime initiation of coverage - Al Dar Properties

noreply@blogger.com (Rabih Zein) — Sun, 03 Jan 2010 16:55:00 +0000

Prime has initiated its coverage on Al Dar Properties - Abu Dhabi. Al Dar is a main real estate developer in the UAE.

Prime: The prevailing economic downturn has had a relatively limited impact on Abu Dhabi’s long-term plans. The Emirate’s rich hydrocarbon reserves (7% of aggregate world reserves) and years of prudent fiscal spending have helped Abu Dhabi maintain an enviable liquidity and financial position with sovereign reserves estimated at over USD600 billion. Further, unlike other more mature markets, the Capital’s infrastructure across majority real estate segments such as residential, commercial, retail and hospitality suffer from years of underinvestment since capital resources historically were largely diverted towards the establishment and development of key industrial sectors.

To Download the full report: Prime initiation of coverage - Al Dar Properties

Dubai Chamber of Commerce and Industry - Analysis report 2009-2010

noreply@blogger.com (Rabih Zein) — Sun, 03 Jan 2010 14:53:00 +0000

Dubai Chamber of Commerce and Industry released its analysis report for the year of 2009 which was quite challenging for the business community and focuses on the promising prospects of the coming year 2010.

Easing in liquidity conditions, lower interbank lending and fiscal stimulus packages certainly bode well for a robust UAE economic recovery in 2010, indicates a Dubai Chamber analysis.

Dubai is well positioned to withstand global economic crisis in 2010, despite Dubai own local turmoils (USD 60 billion debt, 50% slump in Real Estate prices, lower interest rates, defaulting companies and high banking provisions).

The main reason for this strength are:

1- UAE investor and consumer confidence is improving

2- UAE banking sector showing signs of recovery

3- Trade data from Dubai showing remarkable resilience

4- Falling realty prices have increased personal disposable incomes and business competitiveness

5- UAE government support will remain strong in 2010

6- Loosening monetary policy has yielded positive impact on economic growth

7- Stronger crude oil prices will boost the UAE’s current account position in 2010

To download the full report: Dubai Chamber of Commerce - analysis report 2009-2010

Technical Analysis for Air Arabia - UAE

noreply@blogger.com (Rabih Zein) — Mon, 28 Dec 2009 09:41:00 +0000

Air Arabia has been trading in a narrow range for the past couple months, swinging between 0.79 and 1.16 AED. however, the trading range is in form of a bullish channel, on which AirArabia is currently on its lower band. the stock is expected to reach 1.12 AED in the short term, with a possible positive breakout for the medium to the long term.

As seen from chart 1, the stock has formed many gaps, which, by theory should be filled, at least once, to confirm the direction of the movement. the rectangular gap in the daily chart is a runaway gap, while the gap below the lower band of the channel explains the exhaustion of the bearish volatility. Air Arabia has broke the lower band to the upside, indicating a 1.12 AED as a potential target.

my bullish sentiment on this stock is backed by the RSI which is bouncing back from its oversold areas, and backed by the MACD as well, with a curve starting to flatten.

looking for other time frames, indicators are even stronger for a bullish movement.

on the weekly chart, the channel is still there, the RSI is bouncing up as well, and, most importantly, a bullish engulfing pattern was created that needs to be confirmed by a bullish candle this week.

the major signs are in the monthly chart. beside all those signals mentioned above, a long leg doji is formed, supported by great MACD bullish crossover.

i recommend a buy action on current prices, around 0.92, with a stop loss below the lower band of the channel, and a first take profit at 1.12 AED, while the second long term target is at 1.67 AED, if a breakout of the upper band is broken.

Gold Short Term technical analysis: wave 5 ahead!!

noreply@blogger.com (Rabih Zein) — Sat, 26 Dec 2009 10:53:00 +0000

Starting from the big picture. The safe haven commodity has been trading in a bullish channel as shown in the picture, and has recently broke an uptrend (red minor trend) to the downside with higher volume.

The gold has successfully formed a 1-2-3 elliott waves, and is now retracing for the 2/3 of the 4th wave, which happened to be on the 23.6% level of the mega fibonacci retracement, along with the minor trend that was also broken to the downside. Thus, the gold is bearish for the very short term, and a sell decision would be beneficial today.

however, we are still waiting wave 5 to occur, which should also be testing the upper level of the channel, again, and it is expected to be at the 1325 $ per ounce, with a potential buy signal at the 1075 $ per ounce.

On the other hand, the quantitative analysis is telling another story. the RSI is near the oversold area, though not reached yet, which gives a possibility for a further downsides for the gold. the MACD has recently broke down the centerline, which gives a sell signal.

the same is happening on a weekly chart. the minor trend line has been broken to the downside, but the difference is that RSI and MACD are showing extremely sell signals, with RSI just broke down the overbought area, and the MACD just had a bearish crossover. a buys signal must occur at 1040 level, which is 6% lower from the current market price (6% of real gold movement, without a leverage!).

i remain positive for the gold for the very very long term, though for the short - meidum term, speculation should be the key.

Happy haunting

Egypt: Better to deal with inflation than stimulating growth

noreply@blogger.com (Rabih Zein) — Sat, 26 Dec 2009 08:49:00 +0000

HC: As Egypt was trying to recover from the latter financial crisis through different stimulus packages, the Central Bank is now focusing on dealing with inflation, as the money supply increased lately and prices of commodities are continuously rising. The unwinding of the carry trade between the EGP and the USD on the back of the US economy is posing further pressures on inflation in the country.

To download the report, HC Brokerage - Egypt - 23 Dec 09

A letter to my readers

noreply@blogger.com (Rabih Zein) — Fri, 25 Dec 2009 21:41:00 +0000

Dear all,

my blog is finally ready to be launched. all the necessary widgets and editing is done, though there are still few things pending:
- uploading recent researches to my mediafire account
- find a way to activate my linkbucks account (not yet sucessful)
- get the metastock!! too bad i cannot find the right tool for my technical analysis. if someone can help me with this issue, plz feel free to contact me.

hope my blog will be launched in early jan.

cant wait!
see u all

What is RSS?

noreply@blogger.com (Rabih Zein) — Sun, 20 Dec 2009 20:59:00 +0000

I’m asked this question all the time and thought it might be a good idea to to define RSS and how it can simplify your life.

Wouldn’t it be easier to keep in touch with TheMoxieMomBlog posts if you could do it in a place you are already visiting? You betcha!

We have given you several ways to subscribe to our posts on this site and receive our updates. The best way and most convenient way is to use RSS Reed. But, what on earth is RSS?

What is RSS?

RSS means “Really Simple Syndication”. Now don’t you feel better being fully informed? RSS technology is used by millions of web users around the globe to keep track of their favorite websites without having to visit each and every single one all the time.

Not that long ago you had to keep track of your favorite website by constantly visiting the website in your browser and manually re-visit them on a consistent basis to see what might have been added.

How RSS Can Simplify Your Life

Instead of you taking your precious time, that would be better spent with your family, you can save time and simplify your life by using RSS Feeds. Put them to work for you. You can see at a glance what is new, what isn’t and read it on your own time in your chosen platform. Quick and easy.

It works like a newsfeed or the stockmarket ticker…

How to Use RSS

Get an RSS Reader. There are a ton of feed readers around with a variety of features. You can choose to use a web based reader like Google Reader and Bloglines or you can use a desktop version like in Microsoft Outlook. Google Reader is very easy so if you are new to RSS you might give it a try first.

The besty way to figure it out is just jump in there with a couple of feeds and give it a go! You will be up and running in seconds.Â I have my Google Reader set on my MyGoogle home page so I can catch a glance each time I start up my Firefox browser.

Not Interested in Using an RSS Reader? Email is an Option

I want to make this as easy as possible for you to stay in touch so I have also included the Feed in email form. Just enter your email address in the box and then click enter. Each time we post you will be blessed with an email straight to your PC or web based email client. You can unsubscribe at any time and you email will be kept private and only used for the daily updates. We hate SPAM too!

Source: www.themoxiemomblog.com

Developed Markets Performance

noreply@blogger.com (Rabih Zein) — Sat, 19 Dec 2009 10:14:00 +0000

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Emerging Markets Performance

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Forex News

noreply@blogger.com (Rabih Zein) — Sat, 19 Dec 2009 09:01:00 +0000

Feedzilla original written news for glasses and eye glasses now available for distribution

Business news

noreply@blogger.com (Rabih Zein) — Sat, 19 Dec 2009 09:01:00 +0000

Market news

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Contact Me

noreply@blogger.com (Rabih Zein) — Wed, 17 Dec 2008 12:25:00 +0000