Overall the DXY market is strong still. As Stochastic is curving down, be prepared for corrections towards 105.30 (App) in order to re boost the market again up.

The DJ30 status: 6 days oversold. The market is trying to lift a rally to attack 38390 - 38530. A close over 38745 projects a drive to 39289.

Overall the SP500 market is bearish with a downside breakout likely sending trade to attack a 5018, from that point we expect the market to make a corrective rebounds towards 5168 again.

Gold market is into a down correction phase. Technically, being extremely overbought, the market conditions might prompt some profit-taking around the metal 2323.0 again, if broken ⇒ 2290.0. SAR for today 2407.0.

The Silver market is short term bearish and warns for declines against 27.60. Any minor corrective rebounds trapped inside Monday’s downturn will remain setup for selloffs. A close over 29.30 (SAR) highlights a reversing turn to higher levels.

After reaching the 0.9152, the USDCHF market is showing a bear downturn and potential for a selling wave to 0.9080 as well as potential to 0.9018. A drop through 0.9080 will foster continuation selloffs today.

Technically, the Crude Oil market is triggering a downside breakout and opens up potential selloffs to 83.80. A close under the 83.80 could warns for washout declines to 82.20. Any corrective rebounds should find resistance within Monday's accelerating selloff range. Only a close over 86.70 (SAR) marks a reversing turnaround.

The USDCAD market is turning short term bearish. A close under 1.3725 alerts for a larger bear decline to 1.3657 and possibly 1.3634. Any corrective rebounds will likely struggle to retrace over 1.3787 if bear forces have control and use congestion to bear flag a setup for selloffs.

After reaching the 167.43 level, the CHFJPY market is trying to reverse out of last week’s corrective setbacks and renew bull trending trade. A close over 168.45 should boost rallies to challenge back against 169.20 - 169.30 . A breakout over 169.30 signals for a drive to 170.80. SAR for today 168.26.

The USDSGD market again is showing a bear downturn and potential for a selling wave to 1.3532 as well as 1.3505. A drop through 1.3596 will foster continuation selloffs today.

Most Asian currencies weakened on Friday, while the dollar and the Japanese yen were buoyed by safe haven demand after multiple reports said that Israel had carried out retaliatory strikes against Iran.
The EURUSD market is short/medium term bearish still, suggesting a wash towards the 1.0580, when broken 1.0516 (November 2023 low). SAR for today 1.0684, for a small correction up.

ما زالت معظم العملات في تراجع أمام الدولار -اليوم الجمعة، بعد تقارير متعددة ذكرت أن إسرائيل نفذت ضربات انتقامية ضد إيران.
لا يزال سوق اليورو مقابل الدولار الأميركي ضعيفاً على المدى القصير والمتوسط، نحو منطقة ال 1.0580، ومن ثم 1.0516 (قاع شهر نوفمبر/تشرين الثاني 2023). إغلاق السوق فوق ال 1.0684، سيؤدي إلى تصحيح بسيط إلى مستوى ال 1.0730.

Gold prices surged in Asian trade on Friday, coming close to record highs after reports of Israeli strikes on Iran ramped up demand for safe havens, especially in the face of worsening conditions in the Middle East.
Technically, being very strong, once again the Gold market rejects an attempt to turn the trend down into a sustained bear selloff. The rebounding action in recent days provides a short term bullish signal and call for rallies to attack 2431.0 resistance and possibly higher. The Gold Stop and Reverse for today 2331.0.

إرتفعت أسعار الذهب في التعاملات الآسيوية اليوم الجمعة، لتقترب من مستويات قياسية مرتفعة بعد تقارير عن ضربات إسرائيلية على إيران مما عزز الطلب على الملاذ المعدن الأصفر، خاصة في مواجهة تدهور الأوضاع في الشرق الأوسط.

من الناحية التقنية، ونظرًا لكونه قويًا جدًا، يرفض سوق الذهب مرة أخرى محاولة تحويل الاتجاه إلى عمليات بيع هابطة مستدامة. توفر الحركة الارتدادية في الأيام الأخيرة إشارة صعود قصيرة المدى مما يؤدي إلى ارتفاعات لمهاجمة مستوى المقاومة عند 2431.0 وربما أعلى. سعر إنعكاس سوق الذهب لهذا اليوم = 2331.0.

Trading in a wide range, the Silver is showing a bearish signs and warns for declines against 27.94 for today. A close over 29.04 (SAR) highlights a reversing turn to higher levels.

The GBPUSD short term trend remains down, but trade is fighting to hold and rebounded off the 1.2376 target. Market action alerts for a potential bottoming turn. We may see dips around 1.2376, but a close under 1.2360 is needed to renew bear pressures. A close over 1.2500 alerts for a short term bottoming turn.

لا يزال إتجاه الجنيه الاسترليني مقابل الدولار الأميركي على المدى القصير والمتوسط ضمن مسار هابط. قد نشهد إنخفاضات عند خط ال 1.2376، لكن الإغلاق تحت 1.2360 ضروري لتجديد الضغوط الهابطة. الإغلاق فوق مستوى 1.2500 هو إنعكاس محدود إلى الأعلى.

The USDCHF short term trend bias is down with the pattern still hinting for a drop along 0.8958, testing previous swing lows. Sustained action under 0.8958 could fuel selloffs ⇒ 0.8893. Trade should find resistance against 0.9130 to maintain pressing bear forces.

The USDJPY market is into a short term turnover still and will drag trade down along 151.97. Use a close under 152.98 to promote selloffs.

The USDCAD market is turning short term bearish. A close under 1.3725 alerts for a larger bear decline to 1.3657 and possibly 1.3634. Any corrective rebounds will likely struggle to retrace over 1.3787 if bear forces have control and use congestion to bear flag a setup for selloffs.