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Check Now the Daily Analysis Report 9-6-2023

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Dollar Index

The dollar index was able to decline in yesterday’s trading and closed below the lowest price it achieved at 103.18 levels, and managed to close below 102.95 levels, and therefore we expect more declines until 102.75 levels, and by breaking it, the next drop target will be 102.40 levels

XAU-USD

Gold failed to surpass the lowest price it achieved since the beginning of the week at 1939.80 levels, and rose strongly until it reached the highest price it achieved in trading on Wednesday at 1970.20 levels, and therefore the condition for the continuation of the rise is breaking 1970.20 levels, and the target for the rise is 1983.21 levels

خام برنت

Brent crude managed to decline strongly in yesterday’s trading until it reached near 73.35 levels, and despite its rise to a correction, we expect more declines until 73.35 levels again, then 71.51 levels

EUR-USD

The pair was able to get out of its range, and rose strongly, breaching 1.07472 levels, and was able to close above the highest price it achieved last week, and therefore we expect more rise to 1.07950 levels, and by breaking it, the next target for the rise will be 1.08301 levels.

GBP-USD

The pair was able to rise strongly and close above the highest price it achieved in trading the day before yesterday at 1.25000 levels, and it also managed to close above the highest price it achieved last week at 1.25458, and by stabilizing above, we expect a further rise to 1.26246 levels.

USD-CAD

Although the pair traded with a very weak and occasional acceleration, and it fell to 1.33440 levels, but it rose above again, and therefore the expectation is either to rise and break 1.33871 levels, and the target for the rise is 1.34203 levels, and the other scenario is to drop and break 1.33340 levels and The target for the drop is 1.33019 levels

Dow Jones

Despite the rise of the Dow index in yesterday’s trading until it reached the highest price achieved last week, but it failed to surpass it. Therefore, the condition for the continuation of the rise is to close above 33876 levels, and the target for the rise is 34047 levels, then 34175 levels

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