Analytical morning report rise of USD INDEX USDINDX

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Morning report on the Dow Jones, Dollar, GBP , Oil, Gold, and Dollar Index. Does the current rally on the Dow Jones is the beginning of the upcoming uptrend to higher levels, this may be the beginning of the uptrend already.

Therefore, the stability of the last bottom supports the bullishness on the index in the coming period.

the stability of the 25000 bottoms supports the ascendance again.

But the bottom of this bottom continues to fall on the index to the lowest levels so we wait for the correction and break the summit.

as we expect the continuation of the rise.

  • 30 min time US30 frame

rally

Will gold continue to rise in the coming period or fall for correction?

We expect the gold to fall to correct the next period and the stability of the recent summit supports the decline to lower levels so breaking the trend confirms the decline.

So we wait for the opportunity after the confirmation.

  • 30 min time Gold frame

 Dow Jones

Oil reversal today supports the completion of the corrective correction?

We expect further bullishness on the WTI, so the last bottom is still holding the corrective correction to end the correction wave.

We expect to complete the rise in Wave C of wave 2 smaller before completing the downside again so we wait for the uptrend and watch the movement well before the decision to sell.

  • 30 min time WTI frame

GBP

Will the rise of the dollar reflect the correction in the coming period?

We expect the dollar to continue to be correct as prices are above the last bottom.

so the last bottom continues to rise.

97.20 becomes a bullish correction but the bottom of this bottom continues to drop to the lowest levels and as we confirm the downside move break the bottom of wave B.

  • 30 min time USDINDX frame

Gold Dollar

The correction of the EURUSD may continue slightly before resuming the rally.

Therefore, it is preferable to wait for a good opportunity to buy again, but after the correction is over.

since the price is above 1.1026, it becomes bullish.

  • 30 min time EURUSD frame

 Dow Jones GBP Gold Dollar  rally

Australian Analysis vs. Dollar Is the beginning of the reversal of the corrective rise.

Yes, we expect a correction, but with another break below, we expect the pair to continue falling to lower levels.

  • 30 min time AUDUSD frame

Gold  Dollar  rally

What is the expected movement on the GBP against the USD after the sideways movement?

I expect the pair to climb on condition that the specified bottom remains intact but below the bottom we expect further downside to lower levels.

  • 30 min time GBPUSD frame

GBP
GBP

Does the recent rally of the USD support the upside?

Yes, the latest uptrend on the pair supports the continuation of the correctional rise on the pair, but the bottom of the recent bottom continues to decline to lower levels.

  • 30 min time USDJPY frame

 Dow Jones GBP

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Marowa Al Tujjar
Marowa Al Tujjar
مديرة القسم الصحفي - كاتبة و محررة إقتصادية متخصصة بالعملات الرقمية
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