Today’s forex newsletter looks quite interesting
DXY
Sell below 107.575
Stop loss above 107.875
Target 108.675–108.475
XAUSUD
Buy above 2650
Stop loss below 2640
Target 2660–2670
XAGUSD
Buy around 30.20
Stop loss below 29.90
Taregt 30.50–30.80
USoil
Buy around 74.40
Stop loss below 74.00
Target 74.80–75.20
COPPER (HG1)
Buy around 4.1600
Stop loss below 4.1300
Target 4.1900–4.2200
NASDAQ
Buy around 21720
Stop loss below 21640
Target 21800–21900
S&P 500 E-Mini
Buy around 6025
Stop loss below 6005
Target 6045–6065
Top pick
USDCHF
Sell around 0.90300
Stop loss above 90.600
Target 90.000–89.700
Forex Newsletter – The Euro continues its recovery, trading above 1.0400 after hitting 1.0224 last week. Positive December PMI data from Spain, Italy, France, and Germany, alongside political instability in Italy, Austria, and Canada, strengthen the currency. Markets await Germany’s inflation data and US Nonfarm Payrolls later this week.
Until then, Happy Trading!
Commodity Samachar Securities
We Decode the Language of the Markets
Also Read: Oil Slips as Dollar Rises: What’s Next for the Market? , Forex Focus: China’s Central Bank Hints Rate Cuts 2025
Recommended Read: 2024 G20 Summit: Did It Deliver on Market Expectations?
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