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. Before deciding to trade, you should be aware of all the risks associated with OTC CFD trading and seek advice from an appropriately licensed and independent financial advisor. Past performance is not a reliable indicator of future results. Forecasts are not a reliable indicator of future performance. General information and/or recommendations provided by the Company should not be construed as investment advice.
The dollar index fell strongly in yesterday’s trading, closed below the moving averages 50, 200 in the hourly timeframe, and managed to break 103.23 levels, and by settling below it, we expect more declines until 102.75 levels, then 102.40 levels
XAU-USD
Gold managed to form a new bottom at 1953.74 levels, and managed to rise and break 1966.57 levels, and therefore if it managed to break 1983.21 levels, the target for the rise will be 1992.52 levels, then 2004.00 levels
Brent Oil
Crude oil was able to rise and break 73.84 levels until it reached 75.09 levels, and therefore if it managed to rise and break 75.09 levels and stabilize above, we expect more rise to 76.15 levels, then 77.36 levels
EUR-USD
The pair was able to rise and form a higher bottom at 1.06627 levels and rose breaking 1.06975 levels until it reached 1.07472 levels, and by stabilizing above, we expect more rises to 1.08301 levels.
GBP-USD
The pair was able to rise and break 1.24735 levels, and therefore we expect more rises. If it managed to break 1.25458 levels and stability above, we expect more rises to 1.26246 levels.
USD-CAD
The pair was able to fall strongly, breaking 1.35651 levels, and surpassing 1.34838 levels, and therefore if it managed to break 1.34167 levels, the next drop target will be 1.33440 levels.
Dow Jones
Although the Dow index fell in yesterday’s trading, it managed to form a higher bottom at 32685 levels, and rose and broke 32933 levels, and therefore if it managed to rise and break 33213 levels, the next target for the rise will be 33478 levels
