The Forex newsletter for the day is here. DXY , XAUUSD , XAGUSD , COPPER , USOIL , NASDAQ , S&P 500 E-Mini , USDCHF, Dollar
DXY
(Friday given Buy above 104.225 all target done)
Buy around 105.120
Stop loss below 104.820
Target 105.320–105.550
XAUUSD
(Friday given Sell below 2680 all target done)
Sell around 2660
Stop loss above 2675
Target 2645–2630
XAGUSD
Sell below 31.10
Stop loss above 31.40
Target 30.80–30.50
USOIL
(Friday given Sell below 71.00 all target done)
Sell around 69.00
Stop loss above 69.50
Target 68.50–68.00
COPPER (HG1)
(Friday givenSell around 4.3300 all target done)
Sell below 4.2750
Stop loss above 4.2950
Target 4.2550–4.2350
NASDAQ
Buy above 21325
Stop loss below 21265
Target 21385–21425
S&P 500 E-Mini
Buy around 6050
Stop loss below 6035
Target 6065–6080
USDCHF
Buy around 0.87950
Stop loss below 0.87800
Target 0.88100–0.88250
Forex Newsletter – Oil prices dropped as China’s stimulus measures failed to boost expectations for fuel demand, while a stronger U.S. dollar weighed on markets. Concerns over weak Chinese economic data and the potential impact of rising U.S. oil output added to the bearish sentiment in global oil markets.
Until then, Happy Trading!
Commodity Samachar Securities
We Decode the Language of the Markets
Also Read: Will Silver price find support after last week’s 4% plunge? , Markets Watch CPI as Trump’s Election Win Shakes Things Up
Recommended Read: The Finale of the US Elections 2024: What Lies Ahead for the Commodities Market?
Want Help On Your Trades ?
Chat with RM