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Check Now the Daily Analysis Report 23-3-2023!

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Dollar Index

The dollar index continues to decline and reached 101.98 levels, but it soon returned and closed above it again, and therefore we expect a rise to correct to 103.07 levels, and then complete the decline, but if 101.98 levels are broken, we expect a decline to 101.14 levels, then 100.46

XAU-USD

Gold was content with a downward correction until 1935.44 levels, then it settled above it and rose again, breaking resistance at 1969.69 levels, and by settling above it, we expect more rises until 1990.06 levels, then 2015.02 levels

Brent Crude

Brent crude was able to correct upwards until it reached the moving average 200 in the hourly timeframe, and closed below 76.22 levels, and therefore we expect a further drop to 73.63 levels, then 71.23 levels, but in the event of breaking 76.22 levels, the target for the rise will be 78.06 levels

EUR-USD

The pair continues to rise, surpassing 1.08402 levels, and by settling above it, we expect more rises to 1.09098 levels, then 1.09411 levels

GBP-USD

The pair rose in yesterday’s trading, but at a weaker pace, as it failed to achieve a higher peak that supports it to the upside, and this weakness also appeared in the MACD indicator on the hourly time frame in the form of a negative deviation, and therefore we expect some downward correction until levels 1.21953 – 1.21663, but in the case of an upward trend And it closed at the highest levels of 1.23011, we expect more rise to 1.23409 levels

USD-CAD

The pair is now trading in a range between 1.37424 – 1.36553 levels, so if the pair fails to break 1.37424 levels upwards, we expect a drop to 1.36910 then 1.36552 levels, but if 1.37424 levels are broken, the target for the rise will be 1.37672 levels

Dow Jones

The Dow index failed to stabilize above 32332 levels, fell strongly and closed below it, and inside the sideways range again, and for that we expect either a retest of 32332 levels, then a continuation of the decline to 32078 levels, then 31780 levels, or a direct drop without a retest. As for the upward scenario, it will only be achieved by closing The highest levels are 32332 again

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