The forex news for the day is in and with all eyes on tomorrow’s data, what’s insotre for today’s market?
Without further adieu, let’s dive into the data of the day!!
Dollar index
Sell Below 103.440
Downside Targets Looks 103.384 – 103.316
Stop loss below 103.58
XAUUSD
( Yesterday We Recommended to Buy !! Above $2090)
(Both Target Hit $2110–2115)
Buy Above $2128
Upside Targets Looks $2135 – $2143.
Stop-loss $2107
XAGUSD
( Yesterday We Recommended to Buy !! Above $23.25)
(Both Target Hit $23.50–$23.85 )
Buy Above $23.98
Upside Targets Looks $24.12–$24.30
Stop-loss $23.69
COPPER
Buy Above $3.87
Upside Targets Look $3.89- $3.90.
Stop Loss $3.84.
CRUDE OIL (WTI)
( Yesterday We Recommended to Sell!! Below $79.43)
(Both Target Hit $78.80 -$78.50)
Crude Oil is Trading Around $79.64
Above $78.91… Buy it!!
Upside Target $79.40 -$79.90.
Stop Loss $78.10.
NASDAQ
( Yesterday We Recommended to Sell !! Below 18280)
(Both Target Hit 18220–18150)
Sell Below 18100 Levels Only…!!
Downside Target Looks 18045–18025.
Stop-loss 18214.
S&P 500 E-Mini
( Yesterday We Recommended to Sell!! Below 5170)
(1st Target Hit 5122)
Sell Below 5140
Stoploss 5136.
Downside Target Looks 5102-5090.
TOP PICK– USDCHF
Buy Above 0.88658 Stop-loss 0.88453 Target 0.88886.
Forex News – The Stock market and Gold in eye sight!!
Nasdaq futures have declined sharply ahead of the opening bell on Tuesday. With all eyes on the Fed Chair Powel’s testimony on the Semi annual Monetary Policy Report this week, its crucial to keep an eye on thing.
The US ISM Services PMI data is set to be released later tonight as well.
That’s all for today folks. We’ll be back soon with more news soon.
Until then, Happy Trading!!
Commodity Samachar
Learn and Trade with Ease
Also Read: Tokyo CPI, BOJ Gov Ueda speaks & US services PMI in the spotlight? , Gold prices at lifetime highs, as outlook hits forecast levels
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