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. Before deciding to trade, you should be aware of all the risks associated with OTC CFD trading and seek advice from an appropriately licensed and independent financial advisor. Past performance is not a reliable indicator of future results. Forecasts are not a reliable indicator of future performance. General information and/or recommendations provided by the Company should not be construed as investment advice.
The dollar index failed to stabilize above 102.03 levels, fell strongly, and closed below the moving average of 200 in the hourly timeframe, and if it manages to break 101.61 levels, the drop targets will be 101.38 levels, then 101.07 levels
XAU-USD
Gold was able to stabilize above the levels of 1987.85, and returned to the rise, breaking the levels of 2003.45, and therefore, in the case of stability, the levels of 2003.45, we expect more rises until the levels of 2018.80, then the levels of 2032
Brent Crude
Brent crude is still trading in the range bound and bounced from its lower boundary at 83.74 levels, and therefore if it managed to break the upper boundary of the horizontal range at 85.80 levels, the next target for the rise will be 86.47 levels.
EUR-USD
The pair rose strongly and managed to break the resistance levels 1.08806, then 1.09151 levels, and closed above the moving average 200 in the hourly time frame, and in the event of stability above 1.09151 levels, the next target for the rise will be 1.09505 levels.
GBP-USD
The pair rose in yesterday’s trading, breaking the resistance level 1.24015, and became trading in a range, so if it managed to break 1.24519 levels, the target for the rise will be 1.24822 levels, but if it manages to close below 1.24015 levels again, it will drop to 1.23503 levels.
USD-CAD
In yesterday’s trading, the pair was able to fall and break 1.34842 levels, and if it stabilizes below it, we expect more declines until 1.34224 levels, then 1.34100 levels
Dow Jones
The Dow index was able to rise again and break the upper border of the range at 33685 levels, and in the case of stability above, we expect more rises to 33851 levels
