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Trading contracts for difference (CFDs related to commodities, forex, indices, and stocks)
It carries a high level of risk and can result in the loss of all your investment. As such, CFDs may not be suitable for all investors.
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Dollar Index
Despite the rise of the Dollar Index above the resistance levels of 100.10, it rebounded near the upper border of the descending price channel and fell again below 100.10 levels, and therefore we expect more declines to 100.80 levels, and by breaking it, we expect more declines to 100.57 levels
XAU-USD
Gold fell in yesterday’s trading to the minimum of the horizontal range at 1973.44 levels, then it rose again, and in case of stability below 1992.11 levels, we expect further decline until 1973.44 levels, and by breaking it, we expect a decline until 1969.25 levels
Brent Oil
Yesterday, Brent crude traded sideways, after the recent decline, and therefore if it managed to break 78.57 levels, we expect an upward correction to 80.24 levels, but if 77.41 levels are broken, it will drop to 75.75 levels.
EUR-USD
The pair fell in yesterday’s trading and managed to reach a lower peak that supports it in the downside, and therefore if it manages to break 1.09954 levels, the drop will be to 1.09656 levels.
GBP-USD
The pair is still trading below the resistance levels 1.25030 in an occasional manner, and therefore if it manages to break 1.25030 levels, the target for the rise will be 1.25405 levels, but if it manages to break 1.24361 levels, the drop will be to 1.23975 levels.
USD-CAD
The pair fell in yesterday’s trading, after its rebound from the resistance 1.36470, and by settling below 1.36000 levels, the target will be the drop to 1.35606 levels, and if it manages to break it, the next target will be 1.34847 levels
Dow Jones
The Dow index rose in yesterday’s trading after its rebound from the support levels 33250 until it closed above the moving average 200 in the hourly time frame and reached the resistance levels 33877, and therefore in the case of stability above the levels of 33685, we expect more rises until 33877, then 34056 levels, then 34175 levels, respectively