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Forex Focus: Trump’s Tariffs May Impact S&P 500 Earnings


Forex Focus: Trump's Tariffs May Impact S&P 500 Earnings

The Forex newsletter for the day is here. Dollar Index, XAUUSD, XAGUSD, Copper, Crude Oil, NASDAQ, S&P 500 E-Mini, GBPUSD

Dollar Index

Sell below $101.20
Downside Targets Looks $101.00—$100.70
Stop loss above $101.60

XAUUSD

(Yesterday given Buy around $2500, First target done. Hope you have booked profit)

Buy on dip around $2500
Upside Target Looks $2510—$2530
Stop-loss below $2490

XAGUSD

Buy on dip around $28.50
Upside Targets Looks $29.00–$29.30
Stop loss below $28.00

COPPER (HG1)

Buy on dip around $4.1800
Upside Target Look $4.2300
Stop Loss below $4.1300

USOIL (WTI)

Sell on rise around $70.00
Downside Target looks $68.00–$66.00
Stop-loss above $72.00

NASDAQ

(Yesterday, given Buy around 18800, both trarget done. Hope you have booked profit)

Buy above 19350
Upside Target Looks 19550–19700
Stop-loss below 19200

S&P 500 E-Mini

Buy around 5570
Stop loss below 5540
Upside Target Looks 5600—5630

TOP PICK- (yesterday given sell below $1.3060, target achieved. Hope you have booked the profit)

GBPUSD

Sell below $1.3060
Stop loss above $1.3110
Downside Target Looks $1.3000

Barclays analysts project Donald Trump’s proposed tariffs on foreign imports could reduce S&P 500 earnings by 3.2%, with additional risks from retaliation. Sectors reliant on global supply chains, like technology and healthcare, are most exposed, as higher prices and lower growth may further impact earnings.

Happy Trading!

Commodity Samachar Securities
We Decode the Language of the Markets

Also Read: Euro Price Weakens as Markets Brace for ECB Verdict Economic News: Will ECB Surprise? US Core PPI Data Looms Big

Recommended Read: Put-Call Ratio: How Does It Influence The Trader Mindset?

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