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Although the dollar index failed to complete the decline and form a higher bottom at 103.98 levels, it failed to achieve a new higher peak and climbed to the last peak formed at 103.94 levels, and therefore if it managed to fall and break 103.38 levels, the next drop target will be the levels 102.95, on the other hand, the condition for rising again is breaching 103.99 levels
Gold traded sideways yesterday, with a very weak acceleration, and failed to breach 1964.74 levels, and therefore we expect a drop to 1950.95 levels, then 1935.44 levels, but if it managed to breach 1964.74 levels, the next target for the rise will be 1973.71 levels
Crude oil managed in yesterday’s trading to fall and form a lower bottom, then it rose and formed a lower peak at 76.68 levels, and therefore we expect more declines, and if it managed to break 75.09 levels, the next drop target will be 73.35 levels
Yesterday, the pair finished the bullish correction and started to fall, and formed a lower peak at 1.07038 levels, then it fell, and the moving averages intersected in the hourly timeframe, and therefore if it managed to break 1.06667 levels, the next drop target will be 1.06265 levels.
Yesterday, the pair finished the bullish correction and made a lower peak at 1.24574 levels, then fell again, and therefore if it manages to break 1.23690 levels, the next drop target will be 1.23223 levels.
The pair is still trading in a range, and although the price closed below 1.34047 levels, it failed to stabilize below it and rose again, and therefore the condition for the continuation of the decline is to breach 1.33869 levels, and the next drop target is 1.33440 levels
The Dow index is still trading with a very weak acceleration and in an occasional manner, and therefore if it manages to breach below 33410 levels, we expect more declines for correction until 33213 levels