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Dollar Index
Although the dollar index fell below the support levels 102.95, it failed to stabilize below it and rose again above, but returned to fall below it again, and therefore we expect more declines by breaking 102.84 levels, and the next target for the decline will be 102.55 levels, then 102.40 levels
XAU-USD
Gold is still trading in a sideways range, despite its formation of a higher bottom at 1949.21 levels, and therefore if it managed to fall and break 1949.21 levels, the target for the drop would be 1939.80 levels, but if it managed to rise and break 1970.20 levels, the target for the rise would be 1983.21 levels.
Brent Crude
Crude oil managed to decline in yesterday’s trading, breaking 73.35 levels, until it reached 71.51 levels, and therefore we expect more declines, breaking 71.51 levels, and the next drop target will be 70.34 levels.
EUR-USD
In yesterday’s trading, the pair was able to rise and form a higher bottom at 1.07472 levels, but the condition for completing the rise is breaking 1.07950 levels, and the target for the rise is 1.08460 levels.
GBP-USD
The pair failed to stabilize above 1.25458 levels, and fell until it reached near the moving average 200 in the hourly time frame at 1.24865 levels, and returned to rise again, and therefore the condition for the continuation of the rise is to close above 1.25988 levels, and the target for the rise is 1.26246 levels.
USD-CAD
The pair is still trading with weak acceleration and in a sideways direction, as it failed to complete the decline and rose from 1.33137 levels, but soon returned to decline again, and therefore the condition for the continuation of its downside trend is breaking 1.33019 levels.
