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Forex Newsletter – 16 FEB 2024



                 Dollar index     

         (Yesterday We Recommended to SELL!! Below 104.20) 

(Both Target Hit 104.20-103.80)

   Sell Below 103.80

    Downside Targets Looks 103.60 — 103.40 

 Stop loss below 104.30

   XAUUSD 

         ( Yesterday We Recommended to BUY!! Above $1998) 

       (1st  Target Hit $2004)  

Buy Above  $2010.30

  Upside Targets Looks  $2020–$2025.
        Stop-loss $1996.

XAGUSD   

         ( Yesterday We Recommended to BUY!! Above $22.65) 

       (Both  Target Hit  $22.90– $23.20)  

       Buy Above  $23.05…
      Upside Targets Looks  $23.20– $23.40.

       Stop Loss $22.80.

         COPPER         

    ( Yesterday We Recommended to Buy!! Above $3.73 ) 

       (Both  Target Hit  $3.7450–$3.7580)  
  Buy Above  $3.80

  Upside  Targets Look $3.82– $3.85.

  Stop Loss $3.76.

CRUDE OIL (WTI)

                    Crude Oil is Trading Around $76.87.

             Below  $76.50… Sell it!!

            Downside Target $76-.$75.5. 

                     Stop Loss $77.66..  

       NASDAQ


          Buy Above 18070  Levels Only…!!
        Upside Target Looks 18120–18160.

     Stop-loss 17950.


   S&P 500 E-Mini 

         ( Yesterday We Recommended to Buy!! Above 5000) 

       (1st  Target Hit 5050)  

                 S&P 500 Support 5030
                  Buy Above  5070

                  Upside Target Looks 5100-5130.

        TOP PICK– USDCAD                              

                   Buy Above 1.34870  Stop-loss 1.34610   Target 1.35000.

Commodity Samachar
Learn and Trade with Ease

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Recommended Read : Forex News Letter: Will US Data Reign Supreme And Take the Spotlight?

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