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Check Now the Daily Analysis Report 14-6-2023

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Dollar Index

The dollar index was able to decline in yesterday’s trading until it reached 102.58 levels and started trading casually, and therefore the condition for the continuation of the decline is to break 102.58 levels, and the next target will be 102.40 levels.

XAU-USD

Gold was able to decline yesterday, after it rebounded from the upper boundary of the horizontal range at 1970.20 levels, and fell until it reached the lower boundary of the horizontal range at 1939.80 levels, and therefore if it rebounds again and exceeds 1949.40 levels, we expect a rise again.

Brent Crude

Crude oil continued to rise, after bouncing from the lower bound of the range at 71.51 levels, and therefore we expect more rise, and if it manages to break 75.00 levels, the next target for the rise will be 76.40 levels.

EUR-USD

Although it managed to rise and close above 1.07950 levels, it failed to stabilize above it and fell again, and therefore the condition for the continuation of the rise is to close above 1.08234 levels.

GBP-USD

The pair was able to climb again yesterday and close above 1.25459 levels and above the moving average 50 in the hourly time frame, until it reached 1.26246 levels, and therefore we expect more rise, and if it manages to break 1.26246 levels, the next target for the rise will be 1.26698 levels

USD-CAD

Although the pair fell yesterday and closed below 1.33019 levels, it failed to stabilize below and returned to close above again, and therefore we expect the beginning of the upward correction to 1.33833 levels.

Dow Jones

Although the Dow managed to close above 34175 levels, it failed to stabilize above and fell again, and therefore if it managed to fall and break 34036 levels, we expect a drop to 33866 levels.

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