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       Forex Newsletter – 12 Jan 2024


Dollar index

            ( Yesterday We Recommended to Sell !! Below 102.08

       ( Both Target hit 102.28–102.30 )

      Dollar index is trading around 101.98.

Above 102.04… Buy it.

Upside Targets Looks 102.14 — 102.26.

Stop loss below 101.79.

  XAUUSD 

( Yesterday We Recommended to Sell !! Below $2028.

( Both Target hit $2022-$2017 )   

         Sell Below $2040…levels Only
           Downside Targets Looks  $2031–$2017.
            Stop-loss $2051.

XAGUSD

( Yesterday We Recommended to Sell !! Below $22.94.

( Both Target hit $22.86-$22.79 )  

          Sell Below  22.95…levels Only
              Downside Targets Looks  22.89– 22.79.

        Stop Loss 23.10.

COPPER

  ( Yesterday We Recommended to Sell !! Around 3.79.

( Both Target hit 3.78–3.77 )  

Around 3.78…Sell  it

             Downside Targets Looks 3.77 — 3.75.

                      Stop Loss 3.82.

                                    CRUDE OIL (WTI)

                                  ( Yesterday We Recommended to Buy!! Around 72. ) 

          ( Both Target hit 73.20–74.20 )  

Crude Oil is Trading Around 72.56.

        Around 76.25… Buy it!!

              Upside Target 77.90–.79.50. 

                                        Stop Loss 74.50.       

    NASDAQ

                (Yesterday We Recommended toSELL !! BELOW 16940) 

            ( Both Targets Hit 16834-16770

   Sell Below 16890  Levels Only…!!


              Downside Target Looks 16820-16760.

      Stop-loss 17060.

                                                      S&P 500

( Yesterday We Recommended to Sell!! Below 4840) 

( Both Targets Hit 4800–4785 )

                                                    S&P 500 Resistance 4822.
                                                      Sell Below   4800…!!

                                            Downside Target Looks 4790-4770.

TOP PICK- AUDCAD

                                             

Sell Below   0.89246  Stop-loss 0.89408   Target 0.8900.

Commodity Samachar
Learn and Trade with Ease

Also read: Morning Bid: Will China Inflation, UK GDP, and US PPI Reign Supreme Today? , Crude Oil News | Will Crude Oil Prices Skyrocket in the Middle East Turmoil?

Recommended Read: Forex News Letter: What’s Brewing as US CPI Inflation Takes the Spotlight?

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