The Forex newsletter for the day is here. Dollar Index, XAUUSD, XAGUSD, Copper, Crude Oil, NASDAQ, S&P 500 E-Mini, USDJPY
Dollar Index
sell around 104.60
Downside Targets Looks 104.20—104.00
Stop loss above 105.00
XAUUSD
( yesterday given buy above $2350, hope you have made a good profit)
Sell below $2350
Downside Target Looks $2340—$2320
Stop-loss above $2365
XAGUSD
( yesterday given buy above $30.45, hope you have made a good profit)
Buy around $30.60
Upside Target Looks $30.80—$40.00
Stop-loss below $30.45
COPPER
( yesterday given buy above 4.5550, hope you have made a good profit)
Buy above 4.6700
Upside Target Look 4.8000—5.0000
Stop Loss below 4.5500
CRUDE OIL (WTI
( yesterday given buy above 83.30, hope you have made a good profit, First target done)
Buy around $83.80
upside Target $84.60—$85.00
Stop-loss below $83.50
NASDAQ
( yesterday given buy above 20250, hope you have made a good profit. First target done)
Buy around 20430
Upside Target Looks 20520—20600
Stop-loss below – 20350
S&P 500 E-Mini
Buy around 5590
Stop loss below 5550
Upside Target Looks 5620
TOP PICK- AUDCAD
( EURUSD- yesterday given buy around $1.07950, hope you have made a good profit. both target done)
Buy around $0.91650
Stop loss below $0.91550
Upside Target Looks $0.91750—$0.91850
US Nonfarm Payrolls Forecast to Slow to 190K in June
The US economy is expected to add 190,000 jobs in June, down from 272,000 in May, with the unemployment rate holding steady at 4.0%. Average hourly earnings growth is forecast to slow to 3.9% year-over-year, the weakest since June 2021. The data could influence the Fed’s rate cut timeline, with markets pricing in a 73% chance of a September reduction
Happy Trading!
Commodity Samachar
Learn and Trade with Ease
Also Read : Natural Gas Prices Under Pressure: Will They Break Support? Economic News: US jobs report in focus today
Recommended Read : GDP : Is it an important aspect that you should focus on?
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