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The dollar index was able to decline strongly in yesterday’s trading until it surpassed 102.40 levels and achieved a lower bottom at 102.21 levels, and despite that, it started to rise to correct at 102.95 levels, which is compatible with the downward trend line, and therefore we expect the continuation of the decline, provided stability is below 102.95 levels, and the target will be The next drop is 102.40, then 101.80.
Despite the rise of gold at the beginning of yesterday’s trading, it formed a lower peak at 1960 levels and fell strongly until it closed below the lower border of the horizontal range at 1935.44 levels, and therefore in the event of stability below it, we expect more declines until 1924.03 levels, while in the case of ascending and closing Inside the range again at 1939.80 levels, we expect a rise to 1949.40 levels, then 1960 levels
Although crude oil rose in the beginning of yesterday’s trading, it made a lower peak at 75.41 levels and fell strongly, and therefore we expect more declines until 71.51 levels.
The pair was able to rise in yesterday’s trading until it reached 1.08460 levels, and fell again until it was able to build on the moving average 50 in the hourly time frame, and therefore the condition for the continuation of the rise is to close above 1.08634 levels, as it is considered the highest price achieved in yesterday’s trading.
The pair was able to complete the ascent, as it managed to break 1.26246 levels, and rose until it reached near 1.27103 levels, then fell to retest the support levels 1.26246, and therefore in case of stability above it, we expect more rises again.
Yesterday, the pair traded sideways until it reached 1.32725 levels and rose. Therefore, if it managed to continue the rise and close the highest levels of 1.33552, we expect more rises to 1.34047 levels.
The Dow managed to decline strongly until it reached 33814 levels, which corresponds to the moving average 200 in the hourly time frame, and if it manages to break 33814 levels, we expect a further drop to 33597 levels.