We still expect the Dow Jones to trade well above 24300, stability above this level could ensure further upside in the coming days. The bullish wave of the Dow Jones index continues to reach the 24600 level. The moving averages support the upward correction. To continue the bullish trend, stability is required above 24150.
Price Trend: Up to trade above 24
We still expect oil to continue to rise to settle around 52.50, stability above this level is positive and ensures more volatility in the coming days. Technical indicators are supportive of the bullish trend. Oil continues to rise to 54.50 on condition that the level is not breached 51.50
Price Trend: The pair is trading above 52.50 with a target of 54.50
The price of gold continues to stabilize around 1290.00. Any trading above this level should be considered positive. The bullish wave of gold continues to breach the psychological barrier 1300.00, but we confirm that this requires the stability of trading above 1285.00
Price Trend: Ascending above 1290.00 targeting 1300.00 with no break at 1285.00
We expect the pair to rise against the Japanese yen, now settling around 109.00, stability above this level could ensure further upside in the coming days.
Therefore, stability above the resistance 109.40 causes to keep attempts to rise to reach the price level to 110.00 as the first target, and continue to the upside of the pair unless broken 108.50.
Support: 107.80 - 108.00
The USDCHF is rising to stabilize around 0.9940, stability above this level is considered positive and could ensure further upside when breaching 1.0020. From the bottom when breaking the price of 0.9900 will be a reason to thwart any attempt to rise.
Trend: Up to trade above 0.9940 targeting 1.0020 as long as it does not break 0.9900