China’s New Economic Moves: Is Major Forex Stimulus Coming?

The Forex newsletter for the day is here. DXY , XAUUSD , XAGUSD , COPPER , USOIL , NASDAQ , S&P 500 E-Mini , USDCHF , trade data and US PMI in focus

DXY

Buy on dip 102.100
Upside target 101.300 —101.500
Stop loss Below 101.900

XAUUSD

( Yesterday Given Buy around 2635 First target done )

Buy around 2610
Upside target look 2620–2630
Stop loss below 2600

XAGUSD

Sell on rise around 31.00
Downside target look 30.60—30.40
Stop loss above 31.40

COPPER (HG1)

( yesterday given Buy around 4.4400 All given Target done)

Sell around 4.4400
Downside target look 4.3900—4.3400
Stop loss above 4.4900

USOIL

( yesterday given Sell around 75.50 All given Target done)

Sell around 74.00
Downside target look 73.00
Stop loss above 75.00

NASDAQ

Sell on rise around 20300
Downside target look 20300–20200
Stop loss above 20400

S&P 500 E-Mini

( Yesterday Given Buy around 5760 all target done hope you book profit)

Sell around 5800
Downside target look 5770–5740
Stop loss above 5830

Top Pick

( Yesterday Given USDCHF Buy around 1.11900 first target done hope you book profit)

USDCHF

Sell around 0.85700
target 0.85300—-0.85000
Stop loss above 0.86000

China’s NDRC introduced steps to boost the economy, including special bond issuance and early investment plans. However, no major new stimulus was announced, tempering market expectations. Despite this, officials are confident in achieving the annual growth target of around 5%, reaffirming a pro-growth policy approach.

Happy Trading!

Commodity Samachar Securities
We Decode the Language of the Markets

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