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The dollar index was able to break the lower border of the horizontal range at 101.61 levels and completed its downward trend, and therefore we expect more declines until 100.84 levels, then 100.55 levels, on condition of stability below 101.14 levels
Gold was able to rise strongly and break the resistance levels of 2003.45 and was able to break a price pattern that confirms the continuation of the ascent. Therefore, the first scenario is a correction to retest 2003.45 levels or 1987.85 levels, then continue the rise, and the other scenario is a direct rise, provided stability is above 2003.45 levels, and the target The next rise is 2050.52 levels.
Yesterday, Brent crude traded in a narrow range, but the supportive view is still towards the bullish trend, whether by going directly up to 86.47 levels, and by breaking it, the target for the next rise will be 88.08 levels, and the other scenario is a drop to 83.01 levels to retest support levels before completing the rise.
The pair was able to rise and break the resistance level 1.09151, and we expect more rises, but it can drop to retest 1.09151 levels, then continue the rise to 1.09968 levels, and the other scenario is to rise directly without retesting 1.09968 levels, then 1.10290 levels.
The pair continues to rise, managed to break 1.24015 levels, and closed the highest important resistance levels at 1.24519, and if stability is above it, we expect more rises to 1.26698 levels.
Yesterday, the pair traded in a narrow range, and therefore we expect the continuation of the decline, provided it closes below 1.34100 levels, and the other scenario is the rise to retest 1.34906 levels.
The Dow index failed to stabilize above 33500 levels and fell below it again, and also closed below the moving average of 50 in the hourly time frame, and therefore we expect either a decline for correction, provided that 33250 levels are broken, and the target for the drop will be 33016 levels, and the other scenario is an ascension, provided that 33685 and 33685 levels are broken. The target for the rise will be 33851 levels