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Forex Focus: US Election Day Ignites Market Uncertainty


Forex Focus: US Election Day Ignites Market Uncertainty

The Forex newsletter for the day is here. DXY , XAUUSD , XAGUSD , COPPER , USOIL , NASDAQ , S&P 500 E-Mini , USDCHF, Dollar

DXY

Buy around 103.350
Stop loss below 103.200
Target 103.450–103.600

XAUUSD

(Yesterday given Buy on dip around 2735 first target done)

Sell on rise around 2748
Stop loss above 2760
Target 2738–2728

XAGUSD

Buy on dip around 32.40
Stop loss below 32.10
Target 32.70–33.00

USOIL

(Yesterday given Buy around 71.30 first target done)

Buy around 71.50
Stop loss below 71.00
target 72.00–72.50

COPPER (HG1)

Sell around 4.4700
Stop loss above 4.5000
Target 4.4400–4.4100

NASDAQ

(Yesterday given Buy around 20100 first target done)

Buy around 20150
Stop loss below 20040
Target 20250–20350

S&P 500 E-Mini

(Yesterday given Buy around 5755 first target almost done)

Buy around 5755
Stop loss below 2739
Target 5770–5785

Top Pick

GBPUSD

Sell around 1.29900
Stop loss above 1.30100
Target 1.29700–1.29500

Forex Newsletter – With Election Day underway, the US presidential race remains neck-and-neck between Donald Trump and Kamala Harris, fueling market uncertainty. Investors are closely monitoring the results, with potential policy shifts impacting sectors like oil, tech, and finance. Meanwhile, Boeing workers vote to end a lengthy strike.

Happy Trading!

Commodity Samachar Securities
We Decode the Language of the Markets

Also Read: Spotlight on US Election Jitters: Volatility Expected Today , Dollar Weakens Ahead of U.S. Election and Fed Rate Cut

Recommended Read: Trader’s Guide: Could You Profit from 2024’s Silver and Gold Price Fluctuations?

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