Trading contracts for difference (CFDs related to commodities, forex, indices, and stocks)
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The dollar index managed to rise, but with a weak acceleration, and was able to close above the resistance level of 103.70, and therefore if it manages to stabilize above, we expect more rises to 104.40 levels, but in case of failure to stabilize above, we expect a drop to correct to 103.44 levels.
Gold continued to decline, as it managed to break 1950.95 levels, and we expect more declines until 1935.44 levels, and if it managed to break it, the next drop target will be 1922.68 levels
Crude oil managed to fall strongly, as it managed to break the support levels of 77.36 and the minor ascending trend line, and therefore we expect more declines, and if it managed to break 75.09 levels, the next drop target will be 73.35 levels
The pair traded sideways in yesterday’s trading and failed to complete the decline, so if it managed to rise to correct and break 1.07472 levels, we expect a rise to 1.07651 levels, but if it settles below 1.07472 levels, we expect the continuation of the decline until 1.06878 levels
The pair was able to retest the resistance level 1.23874, and it fell strongly and settled below 1.23503 levels, therefore we expect a further drop to 1.22756 levels.
The pair continued to rise until it reached the important resistance level of 1.36370, and if it manages to break it and stabilize above it, we expect more rises to 1.36936 levels.
The Dow index traded sideways in yesterday’s trading, and therefore we expect either a decline and a breach of 32582 levels, and the target for the drop will be 32403 levels, and the other scenario is an ascension and a breach of 32933 levels, and the target for the correction will be 33146 levels