Forex News Letter: UK Numbers To Take Spotlight in Forex Market?

Will the UK jobs report and Canadian CPI gives direction today?
Will the UK jobs report and Canadian CPI gives direction today?

Dollar index

 ( Yesterday We Recommended to BUY!! Above 102.30

( Both Target hit 102.40–102.60 )

                  Dollar index is trading around 102.22.

Above 102.85… Buy it.

Upside Targets Looks 103.06 — 103.24

Stop loss below 102.40.

XAUUSD

   

 ( Yesterday We Recommended to Sell!! Below $2045

                                                  ( 1st Target hit $2041 )                               

                                     Fresh Sell Below $2035…levels Only
                                  Downside Targets Looks  $2027–$2014.
            Stop-loss $2050.

XAGUSD

                                        Sell Below  $23.…levels Only
                                  Downside Targets Looks  $22.80– 22.60.

                            Stop Loss 23.15.

COPPER

Above 3.79…Buy  it

        Upside Targets Looks 3.82 — 3.84.

     Stop Loss 3.75.

       CRUDE OIL (WTI)

Crude Oil is Trading Around 73.24.

Around 73.25.… Buy it!!

     Upside Target 73.75–.74.19. 

            Stop Loss 72.60.       

    NASDAQ

   ( Yesterday We Recommended to Sell!! Below 16935

      ( Both  Target hit 16830–16800 ) 
          Sell Below 16800  Levels Only…!!


              Downside Target Looks 16750-16690.

      Stop-loss 17000.

                                                   S&P 500

                                                    S&P 500 Resistance 4800.
                                                      Sell Below   4780…!!

                                            Downside Target Looks 4770-4750.

                                 TOP PICK- EURGBP

   ( Yesterday We Recommended to EURUSD  Sell!! Below 1.093

      ( Target hit 1.09175)  

Buy Above  0.8625   Stop-loss 0.8590  Target 0.8640 .

Also Read : Indian Rupee: What’s Fuelling It’s Four-Month Dollar Dominance? , Crude Oil News | Will Crude Oil Prices Skyrocket in the Middle East Turmoil?

Recommended Read : Forex Newsletter – 12 Jan 2024

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