Forex Focus: Oil Slips as Dollar Gains, China Demand Slows

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

DXY

Buy around 104.500
Stop loss below 104.390
Target 104.600–104.700

XAUUSD

(Yesterday given Sell around 2700 all target done)

Buy around 2666
Stop loss below 2656
Target 2676–2686

XAGUSD

Buy aroune 31.00
Stop loss below 30.70
Target 31.30–31.60

USOIL

Sell around 71.00
Stop loss above 72.00
Target 70.00–69.00

COPPER (HG1)

Buy around 4.3200
Stop loss below 4.2900
Target 4.3500–4.3800

NASDAQ

(Yesterday given Buy around 20600 all target done)

Buy around 20900
Stop loss below 20800
Target 21000–21100

S&P 500 E-Mini

(Yesterday given Buy around 5930 first target done)

Buy around 5965
Stop loss below 2950
Target 2980–5995

Top Pick

USDJPY

Buy around 153.950
Stop loss below 153.650
Target 154.250–154.550

Forex Newsletter – Oil prices extended declines, weighed down by a stronger dollar and a drop in Chinese crude imports. Despite concerns over supply disruptions from potential Trump policies on Iran and Venezuela, and Hurricane Rafael’s impact, market uncertainty kept prices lower, with crude trading in a narrow range.

Until then, Happy Trading!

Commodity Samachar Securities
We Decode the Language of the Markets

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