Forex News Letter: ECB Decisions and US Data To Ignite Volatility?

                        Imp Data on 25 Jan 2024 : EUR Main Refinancing Rate Monetary Policy Statement

                               USD : Advance GDP q/q  & Unemployment Claims

             Dollar index

  (Yesterday  We Recommended to Sell!! Below  102.60) 

    ( 1st Target Hit 102.41)    

Dollar index is trading around 102.68.

   Below 102.35… Sell it.

    Downside Targets Looks 102.27 — 102.07

 Stop loss below 102.60.

   XAUUSD

             Above $2025… Buy levels Only
              Upside Targets Looks  $2034–$2040.
              Stop-loss $2011.

XAGUSD

             Buy Above $23…levels Only
              Upside Targets Looks  $23.25 –23.32.

       Stop Loss 22.80.

COPPER

Above $3.91…Buy  it

  Upside Targets Look $3.93 — $3.94.

  Stop Loss $3.86.

      CRUDE OIL (WTI)

Crude Oil is Trading Around 76.26.

     Above $76.75.… Buy it!!

          Upside Target $77.60–$78.20. 

                    Stop Loss $74.80.       

    NASDAQ

 
            Below Sell  17590 Levels Only…!!
              Downside Target Looks 17550-17530.

      Stop-loss 17650.

                                                      S&P 500

                S&P 500 Resistance 4900.
                Sell Below    4890…!!

                   Downside Target Looks 4870-4960.

TOP PICK-  AUDCAD

                             

 Buy above  0.89110  Stop-loss 0.88865  Target 0.89429.

Also Read : Dollar hit a six-week high. Is this momentum be expected to continue? , Market Trigger: PMI data and Bank of Canada Policy In Focus?

Recommended Read : Forex News Letter: Could Extravagant PMI Data Spark a Storm?