Forex News Letter : What Awaits Traders in the Market’s Downward Trend?

Dollar index

      Dollar index is trading around 102.37.

Above 102.35… Buy it.

Upside Targets Looks 102.60 — 102.80.

Stop loss  101.90.

  XAUUSD

            Sell Below  $2015…levels Only
          Downside Targets Looks  $2010–$2004.

  Stop-loss $2029.

XAGUSD

   Sell Below  22.82…levels Only
    Downside Targets Looks  22.70– 22    

      Stop Loss 23.

COPPER

   Below 3.80…Sell  it

     Downside Targets Looks 3.77 — 3.75.

   Stop Loss 3.83.

CRUDE OIL (WTI)

                                    

Crude Oil is Trading Around 71.61..

                                    Below 71… Sell it!!

                             Downside Target 70–69.50. 

                                       Stop Loss 72.87.      

NASDAQ  

     Buy Above 16512  Levels Only…!!
              Upside  Target Looks 16590-16630.

      Stop-loss 16430.

   S&P 500

                S&P 500 Support 4710.
                Buy Above  4750…!!

                Upside  Target Looks 4660-4640.

TOP PICK-  GBPEUR

       

Sell Below  1.158  Stop-loss 1.159  Target 1.156.

Also Read: German Inflation and US Unemployment – What Lies Beyond the Clash? , Gold Price Hits Predicted Target: Will gold make a comeback?

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

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