The Forex newsletter for the day is here. Dollar Index, XAUUSD, XAGUSD, Copper, Crude Oil, NASDAQ, S&P 500 E-Mini, USDJPY
Dollar Index
(Yesterday given sell around 104.45. target done, Hope you have made a good profit)
sell around 104.00
Downside Targets Looks 103.50
Stop loss above 104.80
XAUUSD
(Yesterday given Buy around $2370. Both target done, Hope you have made a good profit)
Sell below $2400
Downside Target Looks $2385—$2370
Stop-loss above $2415
XAGUSD
Buy on dip $30.20
Upside Target Looks $30.40—$30.60
Stop-loss below $29.80
COPPER
Sell around 4.4750
Downside Target Look 4.3700—4.2500
Stop Loss above 4.6300
CRUDE OIL (WTI)
Buy on dip around $82.30 (CMP 83.43)
upside Target $84.00
Stop-loss below $80.80
NASDAQ
Sell below 20370
Downside Target Looks 20200—20000
Stop-loss above – 20500
S&P 500 E-Mini
Buy above 5650
Stop loss below 5620
Upside Target Looks 5680—5700
TOP PICK- EURCAD
Yesterday given AUDCAD Buy above $0.9215, target done. Hope you have made a good profit)
Buy around $1.48300
Stop loss below $1.48000
Upside Target Looks $1.48600
ECB to Hold Steady in July, Cautious on Inflation
The European Central Bank is expected to keep interest rates unchanged at its July meeting, despite signs of slowing inflation. ECB President Lagarde has emphasized the need for more data to confirm the disinflation trend before committing to further rate cut
Happy Trading!
Commodity Samachar
Learn and Trade with Ease
Also Read : Economic News: US Producer Prices & China Trade in Spotlight Copper Falls on Stockpile Surge; China Data May Shift Market
Recommended Read : MCX Commodities Uncovered: The Must-Knows and Essential Insights [2024]
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