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Forex News Letter: Is the Market Vibing to the Incoming US Inflation Data?


Dollar index

      Dollar index is trading around 101.97.

Above 102.11… Buy it.

Upside Targets Looks 102.30 — 102.74.

Stop loss below   101.80.

  XAUUSD 

           Sell Below $2032…levels Only
           Downside Targets Looks  $2026–$2020.
           Stop-loss $2040.

XAGUSD

        Sell Below  22.80…levels Only
          Downside Targets Looks  22.50– 22.30.

    Stop Loss 23.10.

COPPER

( Yesterday We Recommended to Sell !! Below 3.79

( 1st Target hit 3.78 )   

Around 3.82…Sell  it

    Downside Targets Looks 3.79 — 3.76.

 Stop Loss 3.84.

CRUDE OIL (WTI)

Crude Oil is Trading Around 72.26.

    Above  73… Buy it!!

     Upside Target 74–.75.40. 

            Stop Loss 71.50.       

NASDAQ

   

( Yesterday We Recommended to Sell!! Below 16720

( 1st Targets Hit 16660

    Buy Above  16910  Levels Only…!!
              Upside Target Looks 16970-17030.

      Stop-loss 16810.

       S&P 500

( Yesterday We Recommended to Sell!! Below 4780

( 1st Targets Hit 4770 )

        S&P 500 Support 4790.
         Buy Above  4805…!!

             Upside Target Looks 4820-4830.

TOP PICK- USDCHF

                                             

Sell below 0.85100  Stop-loss 0.85800   Target 0.84700.

Commodity Samachar
Learn and Trade with Ease

Also Read: The 15% Rise in Natural Gas – What’s the Story? , Economic Outlook: Is the Commodity Market Poised for a Surge this Week?

Recommended Read: Forex News Letter: Is Today a Sequel to Yesterday’s Market Drama?

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