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Check Now the Daily Analysis Report 22-6-2023

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Dollar Index

The dollar index was able to finish the bullish correction yesterday, and it fell and broke 101.80 levels, and therefore we expect more declines, and the next drop target will be 101.40 levels, then 101.14 levels

XAU-USD

Gold managed to fall, and although it surpassed 1924.45 levels, it failed to stabilize below it, and therefore if it managed to break it, we expect a drop to 1919.06 levels, and if it is broken, the next drop target will be 1908.51 levels.

Brent Crude

Crude oil managed to rise and form a bottom of the highest levels of 75.41, but it quickly reached the resistance levels of 77.36 and returned to decline again, and therefore the condition for the continuation of the rise is to breach 77.36 levels, and the next target for the rise is 78.40 levels

EUR-USD

The pair was able to rise and breach the upper border of the range at 1.09460 levels, until it reached 1.09944 levels, and therefore if it manages to breach it, we expect more rises to 1.10489 levels.

GBP-USD

Yesterday, the pair traded sideways between 1.28046 and 1.27103 levels, and therefore if the pair managed to break 1.27103 levels, the target for the drop would be 1.26246 levels, but if it managed to breach 1.28046 levels, the target for the rise would be 1.28709 levels.

USD-CAD

The pair managed to decline strongly until it managed to break 1.31608 levels, and by settling below it, we expect more declines until 1.31025 levels.

Dow Jones

The Dow index was able to complete the decline and is close to important support levels 33814, and therefore if it manages to break it, the next drop target will be 33729 levels.

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