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The pair fell in yesterday’s trading and managed to break the support level of 100.80 until it reached 100.56 levels, then rose again and closed above 100.80 levels to retest 100.10 levels below the moving average 50 in the hourly time frame, and therefore by settling below it, we expect further declines until 100.80 levels, then 100.56 levels And by breaking it, the next drop target will be 100.35.
Although gold traded yesterday with a weak acceleration, it managed to fall, rebounding from the resistance levels of 2012.11, and returned to close below the moving averages 50, 200 in the hourly timeframe, and therefore we expect more declines until 1976.25 levels, then 1969.25 levels, and if it manages to break it, it will be a target The next drop is 1950.95 levels
Crude oil managed to break the support levels 80.24, and closed below the moving average 200 on the hourly time frame, and therefore we expect more declines until 75.34 levels, then 71.61 levels
The pair was able to rise in yesterday’s trading until it reached the resistance level of 1.10760, but it failed to stabilize above and fell again, and in case of stability above the levels of 1.10171, we expect to rise again to the levels of 1.10760, but if the pair manages to break the levels of 1.10760, the drop will be to the levels of 1.09656.
Although the pair rose to 1.25030 levels, but it failed to surpass it and fell again, and therefore in case of stability above the moving average 50 in the hourly timeframe, we expect it to rise again to 1.25405 levels.
The pair traded sideways yesterday and failed to surpass the resistance level of 1.36470, therefore, in the event of breaking 1.36000 levels, we expect more declines and corrections until 1.35710 levels.
The Dow index was able to fall in yesterday’s trading and break the support levels 33500 until it reached the support levels 33250 and started to rebound, and therefore if it managed to break it, the next drop target will be 32930 levels.