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
sell on rise around 102.650
Stop loss above 102.850
Downside target look 102.450–102.250
XAGUSD
( Yesterday Given Sell on rise around 2625–2624 First target almost done )
Buy on dip around 2631–2630
upside target look 2640—2650
Stop loss below 2615
XAGUSD
( Yesterday Given Buy around 30.60 all target done )
Buy around 31.00
Stop loss below 30.70
Upside target look 31.30—31.60
COPPER (HG1)
Buy on dip around 4.4400
Stop loss below 4.4000
Upside target look 4.4800—4.5200
USOIL
Buy around 75.00
Stop loss below 74.00
Upside target look 76.00–77.00
NASDAQ
( Yesterday Given Sell around 20400 first target almost done )
Sell around 20400
Downside target look 20300–20200
Stop loss above 20500
S&P 500 E-Mini
Sell on rise around 5830
stop loss above 5850
downside target look 5810—5790
Top Pick ( Yesterday Given EURCAD Buy on dip around 1.50100 all target done )
USDCHF
Buy around 0.85600
Stop loss below 0.85300
Upside target look 0.85900—0.86200
Forex – Emmanuel Macron, once lauded for his pro-business reforms, now faces criticism over France’s worsening fiscal situation. With rising public debt, a 6.1% deficit, and €60 billion in adjustments, his economic policies are under scrutiny, leaving his political opponents emboldened ahead of future leadership changes.
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