Forex News letter: Is the market spreading new year cheer with raining profits?

Today  Data 

Average Hourly Earnings m/m

Non-Farm Employment Change

Unemployment Rate

ISM Services PMI

Dollar index

      Dollar index is trading around 102.37.

Above 102.45… Buy it.

Upside Targets Looks 102.70 — 102.90.

Stop loss  101.96.


              Sell Below  $2027…levels Only
                      Downside Targets Looks  $2015–$2002.
            Stop-loss $2045.


(Yesterday We Recommended to Sell!!! Below 22.82)

    ( 1st Targets Hit 22.70)     

                                     Sell Below  22.80…levels Only
                                  Downside Targets Looks  22.60– 22.40.

                                 Stop Loss 23.100


(Yesterday We Recommended to Sell!!! Below 3.83)

    ( Made a low  3.81)    target 3.80  

   Below 3.80…Sell  it

                                         Downside Targets Looks 3.75 — 3.70.

                                                        Stop Loss 3.83.

                                     CRUDE OIL (WTI)

Crude Oil is Trading Around 73..

          Below 72.20… Sell it!!

          Downside Target 71.10–71.20. 

                               Stop Loss 73.26        


  (Yesterday We Recommended to Sell!!! Below 16520)

    ( Made a low  16371)    target 16320

    Sell Below   16350  Levels Only…!!
              Downside  Target Looks 16300-16260.

      Stop-loss 16480.

        S&P 500

 (Yesterday We Recommended to Sell!!! Below 4740)

    ( Made a low  4713)    target 4710

          S&P 500 Resistance 4740
            Sell Below  4700…!!
        Target Looks 4660-4640.

                          TOP PICK-  USDCAD 

           (Yesterday  We Recommended to Buy EURJPY!!! Above 158.500)

   ( Target Hit  158.780 )   

Buy Above  1.3380  Stop-loss 1.3345  Target 1.3415

Commodity Samachar
Learn and Trade with Ease

Also Read: Will US Non-farm Payrolls Drive Market Sentiment to New Heights? Silver at a key support levels. Will it break?

Recommended Read: Forex News letter: Market Rising High on FOMC minutes?

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