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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.

USOIL 6-2-2024

Shady Fouad
USOIL 6-2-2024. prices have broken below the support zone at $74 and are currently trading near a secondary support zone around $72.50. It is likely that buying power will emerge in this area, potentially limiting the downside momentum.…
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GOLD 6-2-2024

Shady Fouad
GOLD 6-2-2024. Prices tested the support area of $2020, and this region resisted the downward movement, with an expectation of a resumption of the upward trend. This scenario would be invalidated if the support area mentioned earlier is…
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GBPUSD 6-2-2024

Shady Fouad
GBPUSD 6-2-2024. Prices broke below the support zone at 1.2615 and reached the targets at 1.2530, where it is expected that this area will limit the downward momentum. Support 1.2530 1.2515 1.2500 Resistance 1.2630…
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DOLLAR INDEX 6-2-2024

Shady Fouad
DOLLAR INDEX 6-2-2024. Prices have reached the targets at 104.40, and it is likely that this zone will limit the upward momentum. Support 103.8 102.80 102.45 Resistance 104.4 104.65 104.95
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Dollar Notches Fresh Highs

Shady Fouad
The dollar rose to its highest level in eight weeks against its major counterparts on Monday, as traders scaled back their bets on significant interest rate cuts by the Federal Reserve this year in light of the ongoing resilience of the…
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NASDAQ 5-2-2024

Shady Fouad
NASDAQ 5-2-2024. prices are trading in an upward trend, above the support area at 17100. If they continue to stay above this level, we may resume the upward trajectory. However, if the support at 17100 is broken, we could retest the area…
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DOWJONES 5-2-2024

Shady Fouad
DOWJONES 5-2-2024. prices are trading in an upward direction, above the support zone at $38,550. If they maintain stability above this level, we may see a continuation of the upward trend. However, if the support at $38,550 is broken,…
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BTCUSD 5-2-2024

Shady Fouad
BTCUSD 5-2-2024. prices reached the $43,500 region in recent trading sessions, and it was expected that selling pressure would appear in this area, limiting the corrective upward movement. In this scenario, there is a possibility of…
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USOIL 5-2-2024

Shady Fouad
USOIL 5-2-2024. prices have broken below the support zone at $74 and are currently trading near a secondary support zone around $72.50. It is likely that buying pressure will emerge in this area, potentially limiting the downside…
Read More...

GOLD 5-2-2024

Shady Fouad
GOLD 5-2-2024. prices declined from the resistance zone at $2065, and as a result, there might be a retest of the support area at $2020. This scenario would be invalidated with a breakout above the previously mentioned resistance zones.…
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