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

Dollar Index

Buy around $101.00
Upside Targets Looks $101.50—$102.00
Stop loss below $100.50

XAUUSD

Sell on rise around $2500
Downside Target Looks $2480—$2460
Stop-loss above $2520

XAGUSD

(Yesterday given sell around 28.50, First target done. hope you have booked profit)

Sell on rise around 28.45
Downside Targets Looks $28.00—$27.50
Stop loss above $29.00

COPPER (HG1)

(yesterday given sell around $4.1700, Target done. Hope you have made a good profit)

Sell on rise around $4.1700
Downside Target Look $4.1000
Stop Loss above $4.2200

USOIL (WTI)

(yesterday given Sell on rise around $74.00, Both Target done. Hope you have made a good profit)

Sell on rise around $73.50
Downside Target looks $72.00—$71.00
Stop-loss above $75.00

NASDAQ

Sell on rise around 19500
Downside Target Looks 19200—19000
Stop-loss above 19800

S&P 500 E-Mini

Sell around 5520
Stop loss above 5545
Downside Target Looks 5500—5480

TOP PICK-

GBPUSD

Sell below $1.3100
Stop loss above $1.3160
Downside Target Looks $1.3050—1.3000

The Japanese yen and Swiss franc rose against the U.S. dollar as investors sought safe-haven assets following a sharp Wall Street selloff and weak U.S. manufacturing data, raising fears of an economic downturn. Concerns about tech sector valuations further fueled the risk-off sentiment.

Happy trading!

Commodity Samachar Securities
We Decode the language of the market

Also Read: Crude Oil Slumps 5%: Will It Break Multi-Week Support? US JOLTS, PMI Data Key Focus in Today’s Market

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

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