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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.

Daily Technical Report 22-2-2024

Shady Fouad
DOLLAR INDEX Prices are trading around the levels of 103.75, and in case of a close below that area, we may retest the support zone at 102.75. However, if the prices rebound, we might target the area of 105.70/106. Support…
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Daily Technical Report 21-2-2024

Shady Fouad
DOLLAR INDEX The prices are trading at the lower  boundary  of an ascending channel around the levels of 103.75-103.90. It is likely to resume the upward trend, targeting the area of 105.70/106. This scenario is invalidated if the…
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Oil Hovers Near Three-Week High

Shady Fouad
Oil prices rose on Tuesday, nearing their highest levels in three weeks due to escalating tensions in the Middle East and a recovery in Chinese demand. Crude oil rose to $78.40 per barrel in the morning. The Houthi rebels continued their…
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Daily Technical Report 19-2-2024

Shady Fouad
DOLLAR INDEX Prices are trading around the $104.40 levels, which have become a significant area. It is likely that the upward trend will resume, targeting the $105.70/$106 area. This scenario would be invalidated if prices break below…
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Bitcoin Reache 52000

Shady Fouad
The prices of cryptocurrencies rose on Wednesday in light of the continuous increase in the price of Bitcoin, which rose by another 4%. Bitcoin is currently trading at around $52,000, its highest level since December 2021. The surge has led…
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Daily Technical Report 15-2-2024

Shady Fouad
DOLLAR INDEX Prices are trading above the levels of 104.40, which have become a significant support area for the prices. It is likely that the upward trend will resume, targeting the area around 106. This scenario would be invalidated…
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