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The dollar index fell strongly in yesterday’s trading and managed to break the support level of 101.61 until it reached 101.07 levels, and therefore we expect either to break 101.07 levels and drop directly to 100.55 levels, and the other scenario is to rise to retest 101.61 levels after the break and then drop again.
Gold was able to stabilize above the levels of 2003.45, and actually rose to the levels of 2023.32, and returned again to re-test the levels of 2003.45, and therefore in the event that it managed to break the levels of 2023.32, the next target for the rise will be the levels of 2032, but in the event that it falls again and breaks the levels of 2003.45, we expect a decline Up to 1989.99 levels
Brent crude managed in yesterday’s trading to break the upper boundary of the range at 86.47 levels, and in case of stability above, we expect more rises to 88.08 levels.
The pair continued to rise strongly until it managed to break 1.09687 levels until it reached the resistance level of 1.09968 and closed above it. If stability is above it, we expect more rises to 1.10290 levels, but if it fails to stabilize above 1.09968 levels, the drop will be to 1.09687 levels to be retested.
The pair was able to rise strongly, after building on the support levels 1.24015 and breaking 1.24519 levels, and therefore in case of stability above, the next target for the rise will be 1.25257 levels.
The pair actually managed to decline, after retesting the resistance levels 1.34842, and also the intersection of the moving average 50 with the moving average 200 in the hourly time frame, and therefore we expect more declines until 1.34100 levels.
Although the Dow managed to rise in yesterday’s trading, it rebounded and failed to close above the resistance level of 33851, then fell and closed 33685 levels, and if it stabilizes below it, we expect a drop to 33500 levels, which represents the lower limit of the range extending since the beginning of April Present