The Forex newsletter for the day is here. Dollar Index, XAUUSD, XAGUSD, Copper, Crude Oil, NASDAQ, S&P 500 E-Mini, GBPUSD
DXY
Buy on dip around $100.20
Upside Targets Looks $100.60—$101.00
Stop loss above $99.80
XAUUSD
Sell below $2615
Downside Target Looks $2600—$2590
Stop-loss above $2630
XAGUSD
Buy around $30.70
Upside Targets Looks $31.00—$31.30
Stop loss below $30.45
COPPER (HG1)
Buy around $4.3200
Upside Target Look $4.3600—$4.4000
Stop Loss below $4.2900
USOIL (WTI)
Buy above $71.65
Upside Target looks $72.50—$73.00
Stop-loss below $70.50
NASDAQ
Buy above $20100
Upside Target Looks $20250—$20400
Stop-loss below $19950
S&P 500 E-Mini
Sell around 5770
Stop loss above 5800
Downside Target Looks 5740
TOP PICK-
USDCAD
Sell around $1.35500
Stop loss above $1.35800
Downside Target Looks $1.35200—$1.35000
China may retaliate against European luxury imports, while Spain and Italy could push to ease tariffs on Chinese electric vehicles. Meanwhile, Europe’s luxury exports, valued at €11 billion in 2023, may become a target, as internal EU dynamics influence trade decisions with China.
Happy Trading!
Commodity Samachar Securities
We Decode the Language of the Markets
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