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USOIL 18-12-2023

Shady Fouad
USOIL 18-12-2023. Prices rose from a crucial support zone within the range of $68 to reach the targets of $72.5. It is expected that this area will limit the upward momentum. However, in the event of breaking the previously mentioned…
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GOLD 18-12-2023

Shady Fouad
GOLD 18-12-2023. Prices have breached the resistance zone of 2005 to the upside, reaching the second crucial resistance area within the range of 2035. It is likely that this area will limit the corrective movement and lead to a…
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USDJPY 18-12-2023

Shady Fouad
USDJPY 18-12-2023. Prices are trading in a short-term downtrend, testing a crucial support zone at 141.50. It is likely that this area will limit the downward momentum. However, in the event of breaking the previously mentioned support…
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GBPUSD 18-12-2023

Shady Fouad
GBPUSD 18-12-2023. Prices failed to sustain above the 1.2720 area, and thus, we may target the support zone within the range of 1.2600. This scenario is invalidated if there is a renewed breakthrough of the previously mentioned…
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EURUSD 18-12-2023

Shady Fouad
EURUSD 18-12-2023. Prices are trading in a sideways range on the short term, testing a minor support zone within the range of 1.0900. In the event of a break below that area, we may test the crucial support zone within the range of…
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DOLLAR INDEX 18-12-2023

Shady Fouad
DOLLAR INDEX 18-12-2023. Dollar index is trading in a down- trend on the short term below a crucial resistance zone within the range of 102.3. If it breaks above it, we may resume the corrective upward movement, and it is likely that…
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USDJPY 15-12-2023

Shady Fouad
USDJPY 15-12-2023. 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 15-12-2023

Shady Fouad
GBPUSD 15-12-2023. The prices penetrated the resistance zone within the range of 1.2635, reaching up to 1.2800. With this, GBPUSD direction on the short term  have changed to an up- trend. This scenario is invalidated if the price breaks…
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EURUSD 15-12-2023

Shady Fouad
EURUSD 15-12-2023. prices broke through the resistance zone within the range of 1.0900, reaching up to 1.1000. It is likely that this area will limit the upward momentum, leading to a retest of the 1.0900 zone. This scenario is…
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DOLLAR INDEX 15-12-2023

Shady Fouad
DOLLAR INDEX 15-12-2023. Dollar index resumed its downward trajectory after breaking the 102.3 area, reaching as low as 101.50. If prices bounce back above those levels, we will encounter 102.3 as a crucial resistance zone.…
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