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 was able to retest the support level of 101.80 and returned to rise again, and therefore we expect more rise to 102.40 levels, and if it manages to break it, the next target for the rise will be 102.67 level
XAU-USD
Gold continued to decline until it managed to break the 2004.00 support levels and fell strongly, and therefore we expect more declines until 1973.44 levels, and if it managed to break them, the next drop target will be 1950.95 levels
Brent Oil
Crude oil was able to finish the bullish correction until it reached 75.50 levels and returned to decline again, although the acceleration of the decline was weak, we expect more declines to 73.35 levels, and if it managed to break it, the next drop target will be 71.23 levels
EUR-USD
The pair was able to rise and retest the resistance level 1.09094 and returned to decline again, and therefore if it manages to break 1.08460 levels, the next drop target will be 1.07876 levels
GBP-USD
The pair managed to decline in yesterday’s trading, after retesting the resistance level of 1.25458, and therefore we expect more declines until 1.24299 levels, and if it manages to break it, the next target will be 1.23874 levels
USD-CAD
Although the pair closed below the moving average of 200 in the hourly time frame, it failed to stabilize below it and returned to rise again, and we expect to reach 1.35278 levels, and if it manages to break it, the target for the rise will be 1.35651 levels, then 1.36368 levels
Dow Jones
The Dow index was able to fall and break the support level 33107, and therefore we expect more declines, and breaking 32933 levels, the next drop target will be 32736 levels
