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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.

USDJPY 14-12-2023

Shady Fouad
USDJPY 14-12-2023. The prices are currently trending in a down-trend on the short term, testing the important support level of 141.50. It is likely that this area will limit the downward momentum. Support 141.50 139.5 138…
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GBPUSD 14-12-2023

Shady Fouad
GBPUSD 14-12-2023. The current prices are trading near a secondary resistance area around 1.2635, and it is likely that the downtrend will continue with a target of the support area at 1.2400. This scenario would be invalidated if the…
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EURUSD 14-12-2023

Shady Fouad
EURUSD 14-12-2023. The prices have breached the resistance zone within the range of 1.0870-1.0830, reaching 1.0900. It is likely that this zone will limit the upward movement and there may be a retest of the 1.0840 level. However, if the…
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DOLLAR INDEX 14-12-2023

Shady Fouad
DOLLAR INDEX 14-12-2023. The prices are currently trading near an important support zone around 102.30. If this area is broken downwards, we will likely resume the bearish trend for the index. However, it is expected that prices will…
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A look Up On Oil Prices

Shady Fouad
No significant change occurred in oil prices on Wednesday, after they fell more than three percent to their lowest levels in six months in the previous session due to concerns about supply surplus and worries about the global economy next…
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DOWJONSE 13-12-2023

Shady Fouad
DOWJONSE 13-12-2023. prices have risen until they reached the target of 36,500, and if the upward trend continues, prices may face resistance around the historical peak of the Dow Jones index at the range of 36,950. Support…
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USOIL 13-12-2023

Shady Fouad
USOIL 13-12-2023. prices have fallen from an important resistance zone within the range of $72.5 and reached the target level of $68. It is expected that the pace of decline will slow down as this area acts as a strong support.…
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USDJPY 13-12-2023

Shady Fouad
USDJPY 13-12-2023. The prices are currently trading in a down-trend on the short-term, below the resistance zone  147. It is expected that the descent will continue, unless there is a breakthrough above the aforementioned resistance…
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EURUSD 13-12-2023

Shady Fouad
EURUSD 13-12-2023. The prices tested the resistance zone at 1.0870-1.0830 and failed to break above it. This suggests that the next target could be the zone at 1.0670. However, this scenario would be invalidated if there is a successful…
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