Forex Focus: Oil Market Uncertain with OPEC+ Delays

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

DXY

( Yesterday given Sell below 106.00 first target done)

Sell below 105.700
Stop loss above 106.00
Target 105.400—105.100

XAUUSD

Buy above 2650
Stop loss below 2640
Target 2660–2670

XAGUSD

( Yesterday given Sell around 30.45 all target done)

Buy around 29.90
Stop loss below 29.60
Target 30.20–30.50

USOIL

( Yesterday given Sell around 69.00 first target done)

Sell around 69.00
Stop loss above 69.50
Target 68.50–68.00

COPPER (HG1)

( Yesterday given Sell below 4.1600 all target done )

Sell around 4.1200
Stop loss above 4.1400
Target 4.1000–4.0800

NASDAQ

( Yesterday given Buy above 20910 first target done)

Buy above 20870
Stop loss below 20840
Target 20900–20930

S&P 500 E-Mini

Buy around 6024
Stop loss below 6019
Target 6030–6035

Top pick

USDSEk

Buy around 10.94
Stop loss below 10.90
Target 10.98–11.02

Forex Newsletter – Crude oil prices are under pressure as OPEC+ delays its policy meeting until December. With a slowdown in demand, particularly from China, and geopolitical tensions continuing, traders remain cautious. US Dollar fluctuations and the potential instability in France add further volatility, leaving the oil market uncertain.

Until then, Happy Trading!

Commodity Samachar Securities
We Decode the Language of the Markets

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