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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.
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Dollar Index
The dollar index rose in the beginning of yesterday’s trading until it reached near the resistance levels of 101.20, and therefore in the event of stability below it, we expect a decline again until the level of 100.57, while if it manages to break it, we expect a rise to the levels of 101.61.
XAU-USD
Gold traded somewhat sideways yesterday, but the highest support levels are 2012.11, and therefore if it exceeds the resistance level of 2030.46, we expect a rise to 2057.81 levels.
Brent Oil
Crude oil rose in yesterday’s trading until it reached the resistance level of 77.36, and therefore in the event of stability below it, we expect more declines until the levels of 71.23, but in the event that it managed to break the resistance levels, we expect a rise to the levels of 80.24.
EUR-USD
The pair was able to decline in yesterday’s trading, after forming a lower top at the resistance level of 1.10506 and closed below the moving average 50,200 in the hourly timeframe, and therefore we expect more declines to 1.09656 levels, and by breaking it, the drop will be to 1.09094 levels.
GBP-USD
The pair started to decline in yesterday’s trading, below the resistance level 1.26698, until it closed below the moving average 50 in the hourly time frame, and therefore if it managed to break the support levels 1.25968, we expect more declines until 1.25458 levels.
USD-CAD
The pair fell in the beginning of yesterday’s trading until it reached near the support levels 1.33019 and started to rise again at the end of yesterday’s trading, and therefore if it continues to rise and manages to break the resistance level of 1.34100, we expect an ascending correction to 1.34750 levels, but if it settles below 1.34100 levels, we expect a decline until 1.33019 levels, then 1.32280 levels
Dow Jones
Despite the beginning of yesterday’s trading with a weak acceleration below the resistance level 33814, it managed to close below the moving average 200 in the hourly timeframe, and thus by breaking 33504 levels, we expect more declines until 33250 levels