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The dollar index fell in yesterday’s trading to retest the support levels 101.80 until it reached the moving average 50 in the hourly time frame, and in case of stability above 101.80 levels, we expect a rise again to 102.40 levels
XAU-USD
Gold traded sideways yesterday, with a very weak acceleration below 2022.41 levels, but the negative outlook is still dominant, but the 2004 levels must be broken in order for it to continue to decline again
Brent Oil
Brent crude rose in yesterday’s trading to correct until it reached 75.79 levels, then it fell again, and therefore we expect more declines until 73.35 levels
EUR-USD
The pair traded sideways yesterday, with a very weak acceleration, and therefore the condition for completing the downside trend is breaking 1.08460 levels.
GBP-USD
The pair rose in yesterday’s trading until it reached near the resistance levels 1.25458 and started to decline again, and therefore we expect more declines until 1.24299 levels
USD-CAD
The pair failed to stabilize above 1.35278 levels, then fell and closed below it. Therefore, if it manages to break 1.34574 levels, we expect a further drop to 1.33913 levels.
Dow Jones
Despite the rise of the Dow index, it reached the moving average 200 in the hourly timeframe and fell again, and therefore we expect more declines until 33107 levels, and if it managed to break it, the next drop target will be 32933 levels
