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Forex in Focus: Germany’s Business Morale Boost Sparks Hope


Forex in Focus: Germany's Business Morale Boost Sparks Hope

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

DXY

buy above 103.750
Stop loss below 103.650
target 103.850–103.950

XAUUSD

Sell on rise around 2725
Stopl loss above 2735
target 2715–2705

XAGUSD

Sell on rise around 33.30
stop loss above 33.60
target 33.00–32.70

USOIL

( Yesterday given Sell below 70.90 all target done)

Sell around 70.90
Stop loss above 71.40
target 70.40—69.90

COPPER (HG1)

Sell on rise around 4.3500
stop loss above 4.4000
target 4.3000—4.2500

NASDAQ

Sell around 20420
Stop loss above 20550
Target 20350—20250

S&P 500 E-Mini

Sell around 5860
Stop loss above 5870
target 5850—5840

Top Pick ( Yesterday given NZDUSD sell around 0.60250 all target almost done)

NZDUSD

sell around 0.60000
Stop loss above 0.60350
target 0.59650—0.59350

Forex Newsletter – German business morale saw an unexpected rise in October, with the Ifo index increasing to 86.5 from 85.4. This positive shift ends four months of decline, providing a glimmer of hope as the economy braces for potential stagnation and ongoing industrial challenges in the upcoming winter months.

Happy Trading!

Commodity Samachar Securities
We Decode the Language of the Markets

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