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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 13-2-2024

Shady Fouad
USOIL  Prices are trading around the minor resistance zone in the range of $77.30, and it is likely to target the area of $78.50. This scenario is ruled out in case of breaking the support zone at $75.50. Support 76.5 75.5…
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US Inflation Data Tops This Week

Shady Fouad
The dollar stabilized on Monday, as a holiday in most major Asian markets weakened trading at the beginning of the week. Despite the potential for a busy week, attention is turning to U.S. inflation data, seeking clues about when the…
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Daily Technical Report 12-2-2024

Shady Fouad
Dollar Index The prices have reached the target of 104.40, where it is likely to encounter resistance and a slowdown in the upward momentum. However, if 104.40 is breached to the upside, we may target the area around 106.…
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Daily Technical Report 8-2-2024

Shady Fouad
BTCUSD Prices have broken above the resistance zone of $43,500, and it is likely that the upward movement will continue, targeting the area of $48,000. This scenario is invalidated if the prices retrace and break below $43,500 again.…
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Daily Technical Report 7-2-2024

Shady Fouad
DOLLAR INDEX The prices have reached the target of 104.40, where it is likely to encounter resistance and a slowdown in the upward momentum. However, if 104.40 is breached to the upside, we may target the area around 106.…
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Dollar Steadies Near 11- Week High

Shady Fouad
The US dollar slightly rose on Tuesday, approaching its highest level in about three months, while the Australian dollar lost its strength after an earlier session increase. A series of strong US economic data and statements from Federal…
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Chinese Stocks Are Rebounding

Shady Fouad
The struggling Chinese stocks saw their largest single-day gains in two years on Tuesday, and the yuan rose due to a series of signals indicating that authorities are strengthening their commitment to supporting declining markets. The…
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DOWJONES 6-2-2024

Shady Fouad
DOWJONES 6-2-2024. prices are trading in an upward trend, below the resistance zone of $38,550. In case of breaking and staying above this level, we may resume the upward trend. However, if the support area at $38,140 is broken…
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