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USOIL 4-1-2023

Shady Fouad
USOIL 4-1-2023. Prices are trading in a sideways range between the significant support and resistance zones of 68 and 78.5. There is a likelihood of short-term upward movement in prices, testing the previously mentioned resistance zones.…
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GOLD 4-1-2023

Shady Fouad
GOLD 4-1-2023. Prices declined until they tested support areas in the range of 2040. In the event of breaking this support level to the downside, the prices may target 2020. However, there is a likelihood of prices rebounding higher from…
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USDJPY 4-1-2023

Shady Fouad
USDJPY 4-1-2023. Prices rebounded from important support areas and are currently trading near a minor resistance in the range of 144, which might impede the upward movement. However, if this level is breached to the upside, the prices…
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GBPUSD 4-1-2023

Shady Fouad
GBPUSD 4-1-2023. Prices bounced back from near the support zone in the range of 1.2615, and there is a likelihood of testing the area around 1.2700. However, if the previously mentioned support zone is broken, the prices may target…
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EURUSD 4-1-2023

Shady Fouad
EURUSD 4-1-2023. Prices are trading around a crucial support zone in the range of 1.0900. There is a likelihood of a rebound from these levels, and this scenario is negated if the previously mentioned support zone is broken to the…
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DOLLAR INDEX 4-1-2023

Shady Fouad
DOLLAR INDEX 4-1-2023. Prices are facing a significant resistance area in the range of 102.30. If it breaks above this level, we may continue the corrective movement and target 104.40. However, if the support zone at 101.50 is breached…
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GOLD 28-12-2023

Shady Fouad
GOLD 28-12-2023. The prices are trading around the crucial resistance zone at 2085, and if this area is breached and holds, we may resume the upward trend in prices. This scenario would be invalidated with a break below the important…
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GBPUSD 28-12-2023

Shady Fouad
GBPUSD 28-12-2023. The prices are trading around the important resistance zone in the range of 1.2800, and a downward movement is likely to test the support area of 1.2650. In the event of breaking the previously mentioned resistance and…
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EURUSD 28-12-2023

Shady Fouad
EURUSD 28-12-2023. The prices are trading around the resistance zone in the range of 1.1100, and it is likely that this area will limit the upward movement. In the event of a breakthrough above these levels, we may resume the upward…
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DOLLAR INDEX 28-12-2023

Shady Fouad
DOLLAR INDEX 28-12-2023. The prices are trading below the resistance zone in the range of 101.50, as the index is moving in a short-term downward trend. With this, we may test the area around 99.50, and this scenario is ruled out with a…
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