Forex News Letter : Significant Shift in the Market Incoming?

The forex news for the day is in and heres’a other day where we’llhave to anticpate US data incoming.

Will this day pull the market forward or just keep it sustained?

Well, let’s find out!!

Dollar index     

Buy Above   103.85

    Upside Targets Looks 104 – 104.10

 Stop loss below 103.60

   XAUUSD 

Sell below  $2024

  Downside Targets Looks  $2016 – $2010.
        Stop-loss $2034.

          XAGUSD   

     Sell Around  $22.46

         Downside Targets Looks  $22.20–$22.
        Stop-loss $22.55.

        COPPER         

      Sell Below   $3.81

  Downside Targets Look $3.78– $3.76.

  Stop Loss $3.84.

        CRUDE OIL (WTI)

       Crude Oil is Trading Around $78

               Above $78.65… Buy it!!

        Upside Target $79 -$79.50. 

         Stop Loss $78. 

 
     NASDAQ

( Yesterday We Recommended to Sell!! Below  17945) 

      (1st Target Hit 17900)     

Buy Above  18021  Levels Only…!!
      Upside  Target Looks 18080–18100.

      Stop-loss 17900..

   S&P 500 E-Mini 

Buy Above   5092

stoploss  5070

     Upside Target Looks 5130-5150.

            TOP PICK– USDJPY

 ( Yesterday We Recommended to Buy EURNZD!! Above 1.7650) 

      (Target Hit 1.7703)   

                       Sell Below  150.600  Stop-loss 150.820  Target 150.316.

Forex News: Has Gold’s Shine Worn Off?

The gold prices have dropped amidst the uncertainty due to the US Core PCE. With Fed policymakers maintaining hawkish predictions and with US dollar strengthening prior to early Fed Rates , investors await the Core PCE for more updates.

Happy Trading!!

Commodity Samachar
Learn and Trade with Ease

Also Read: Middle East Tension: Amidst Turmoil, Is Crude Oil Gearing Up for Positivity? , US Consumer Confidence to Set the Market Tone?

Recommended Read: Forex News Letter : Will the US PCE Data Take the Spotlight Today?

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