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Mohammad Omar

Analyst -- -- Articles
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
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Buy XAUUSD
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XAUUSD: The Non-Farm Payroll is Expected to Drop to the 200K Level & Gold Might Show a Huge Increase

The dollar index is getting weaker this week falling from the 105 level, and major currencies and metals are increasing significantly. Gold touched the $1824 level, but will it further increase? On Friday, January 6th, 2023, NFP will be released at 5:30 PM (GMT + 4), and the whole market is waiting.  
Buy XAUUSD
PROFIT +2500 Points

XAUUSD: The U.S Initial Jobless Claims is Expected to Come at 225K More than the Previous Result by 9K, Gold is Expected to Increase Further

The U.S. economy will show strong volatility after releasing the U.S Weekly Jobless Claims data on 29-12-2022 at 5:30 PM (GMT +4) with an expected result of 225K. If as expected, we might see a huge increase in gold prices and a major drop in DXY.
Buy XAUUSD
PROFIT +3500 Points

Gold: Gold Prices Touched 1833 Amid Threatens of a China-Taiwan War

Gold prices increased sharply in a time frame 5 minutes later on December 27, 2022. The issue was analyzed by the possibility of China invading Taiwan. Gold prices increased from 6:00 P.M (GMT + 4) to 8 P.M (GMT + 4) from $1802.00 to $1833.00 showing the sharpest increase since Russia invaded Ukraine.  
Buy XAUUSD
LOSS -1500 Points

XAUUSD:Might See a Huge Increase in Gold Prices with The U.S Initial Jobless Claims Report Released

The U.S. economy will show strong volatility after releasing the U.S Weekly Jobless Claims data on 22-12-2022 at 5:30 PM (GMT +4) with an expected result of 222K. If as expected, we might see a huge increase in gold prices and a major drop in DXY.
Sell USDCAD
PROFIT +600 Points

USDCAD: The Canadian Core CPI MoM will be Released on December 21, 2022, if the Result is Above 0.4% it would be Bullish for the Canadian Currency

The Canadian economy might show some strength versus major currencies after releasing the Core CPI data on 21-12-2022 at 5:30 PM (GMT +4) if the result comes out more than 0.4% it would be bullish for the Canadian, otherwise it would be bearish.
Buy EURUSD
PROFIT +309 Points

EURUSD: we Might See an Increase in EURUSD Pair

The German economy might show strong volatility following the release of the PPI data on 20-12-2022 at 11:00 AM (GMT +4) with an expected result of -2.6%. A bullish fundamental signal is already there for the EURUSD.  
Buy EURUSD
EXPIRED

EU – Switzerland Unemployment Rate (November) Came Lower than Expected at 2.0% rather than 2.1%

Eyes and Ears were on today’s Switzerland unemployment indicator decision. The unemployment index was previously 2.1% and was expected to come at 2.1% as well on December 7th, 2022, but the actual result came to be 2.0%. A higher-than-expected reading is considered Bearish for the CHF, and a lower-than-expected reading is considered bullish for the CHF. 
Buy AUDUSD
PROFIT +380 Points

Australia: The Reserve Bank of Australia Raised the Interest Rate from 2.85% to 3.10% Similar to Expectations

Eyes and Ears earlier today on the Reserve Bank of Australia interest rate decision that was released on December 6th, 2022. The RBA meeting earlier led to an increase of 25 bp in interest rates where traders, central banks, and governments are watching what will the rest of the central banks will do regarding rate increases in the upcoming meetings.

Canada: The Canadian Current Account Index will come out at 3:30 PM ( GMT + 2 ) and is expected to come at -4B

The Canadian economy might show some bearish trend versus major currencies after releasing the Canadian Current Account Index on 28-11-2022 at 3:30 PM (GMT +2) with an expected result of -4B. USDCAD might increase by 20-30 PIPS breaking the resistance level at 1.3455.

Germany PPI: The German PPI MoM Came at -4.2% less than expected by 5.1% & less than the Previous Result by 6.5%

The German economy showed strong volatility following the release of the PPI data on 21-11-2022 at 11:00 AM (GMT +4) with a result of -4.2%. A bullish fundamental signal is already there for the EURUSD.
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