Forex News Letter : Do All Market Paths Lead to the US?


Dollar index



Dollar index is trading around 103.473.

Support at 103.400 and resistance is 103.600

Below 103.400 Sell it…!!

Downside  Targets looks 103.100—102.850

Buy 103.600…levels Only

XAUUSD

(Yesterday We Told To Sell Below $1989 )
(Both Targets Achieved –
$1982/$1970 )

          Buy Above $1988…levels Only
       Upside  Targets Looks  $1993-$2000.
      Support or Stoploss $1975

XAGUSD

(Yesterday We Recommended Sell Around 22.800)

(Targets hit 22.700…)


XAGUSD is Trading Around 22.930


 Buy Above 23 Levels Only …!!
Support or Stop loss 22.800

COPPER          

   
                   Copper is Trading Near Resistance  3.8125…!!
           Above 3.8150  Buy it…!!

                      Upside Targets Looks 3.8300—3.8450

CRUDE OIL (WTI)

Crude Oil is Trading in Resistance Zone 71.60

Sell below 71.30 levels only
We May Expect Targets 69.30

    NASDAQ

Buy Above 16500 Levels Only…!!


Downside Target 16600-16700.


Support or Stop-loss 16400

S&P 500

               (Yesterday We Told Buy!!! Above 4670)
          (Made a High of   
4685)

            S&P 500 Support 4670
           Buy Above 4686…!!
     Targets Looks 4700-4710…!

                                            
TOP PICK-  EURJPY

Buy Above 157.70   Stop-loss 156.50  Target  158.90

Commodity Samachar
Learn and Trade with Ease

Also Read: Forex Outlook: How RBI Dollar Sales Might Shape the INR’s Destiny, US Dollar in Focus: Will the US CPI give final cues for Fed meeting?

Recommended Read: Changing Perspectives: Are The Lives Of US Citizens A Priority Now Over Controlling Inflation After Fed Minutes?

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