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Forex News letter: Is the 2024 Marathon Already Underway?


Dollar index

(Friday We Recommended to Buy !!! Above 101.05)

    ( 1st Targets Hit  101.25

      Dollar index is trading around 101.24.

Above 101.35… Buy it.

Upside Targets Looks 101.65 — 101.90.

Stop loss  100.90.

  XAUUSD

            Buy Above $2079…levels Only
          Upside Targets Looks  $2090–$2100.
            Stop-loss $2060.

XAGUSD

          Buy Above 24.08…levels Only
          Upside Targets Looks  24.27 — 24.50.

        Stop Loss 23.77

COPPER

Copper is trading around 3.8845

   Below 3.8780…Sell  it

     Downside Targets Looks 3.84–3.83.

         Stop Loss 3.90

   CRUDE OIL (WTI)

(Friday We Recommended to Buy !!! Above 72.40)

    ( Both Targets Hit  72.90–73.20)      

Crude Oil is Trading Around 73.40.

    Above 74… Buy it!!

      Upside Target 74.40–74.80. 

           Stop Loss 72.70  

NASDAQ     

   

(Friday We Recommended to Sell !!! Below 17080 )

    ( Both Targets Hit 17025–16960)   

    Sell Below   16980 Levels Only…!!
      Downside  Target Looks 16960-16940.

 Stop-loss 1705

S&P 500

(Friday We Recommended to Sell !!! Below 4826 )

    ( 1st Targets Hit 4805 )   

            S&P 500 Resistance 4830
              Sell Below  4810…!!
          Target Looks 4800-4790.

      TOP PICK-  EURJPY

(Friday We Recommended to Sell  EURGBP !!! Below 0.86900 )

    ( Target Hit 0.8680

 EURJPY

Buy Above  157.00  Stop-loss 156.044  Target 157.900

Commodity Samachar
Learn and Trade with Ease

Also Read: Economic Calendar 2024 Starts with a Bang – Spotlight on US Fed Minutes and Job Reports! , Market Clash: Will Eurozone, UK and US PMI numbers be in focus today?

Recommended Read: Forex Newsletter – 29 Dec 2023

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