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Author
Shady Fouad
Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.
Oil extends gains for fifth straight session
Oil prices rose for the fifth consecutive session on Monday, continuing their gains with an increase of more than three percent last week, as recession fears in the United States subsided while geopolitical tensions in the Middle East…
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Daily Technical Report 12-8-2024
Daily Technical Report To : DOLLAR INDEX - EURUSD - GBPUSD - USDJPY - GOLD - USOIL - BTCUSD - DOWJONES - NASDAQ.
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Most important 3 things to watch in markets in the next week
1- Consumer Price Index Data:
- The Consumer Price Index (CPI) data for July is expected to show that inflation has approached the Federal Reserve's annual target of 2%.
- However, a weak report may reinforce recession fears, potentially…
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Daily Technical Report 8-8-2024
Daily Technical Report To : DOLLAR INDEX - USOIL.
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Market stress not at level to force Fed to intervene
Economic experts at Goldman Sachs confirmed in a memo on Tuesday that high volatility has increased market pressures this week.
Economists said they introduced a new financial stress index aimed at identifying market disruptions that go…
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Daily Technical Report 7-8-2024
Daily Technical Report To : DOWJONES - NASDAQ.
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Fragile recovery for bitcoin
Bitcoin prices rose on Tuesday, in tandem with the rise of high-risk assets, as Bitcoin increased by 8.4% over the past 24 hours to reach $56,250. The currency had fallen to its lowest level at $49,000 before recovering slightly.
However,…
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Daily Technical Report 5-8-2024
Daily Technical Report To : EURUSD - GBPUSD - USDJPY - GOLD - USOIL - BTCUSD - DOWJONES - NASDAQ
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