fbpx

       Forex Newsletter – 29 Dec 2023


Dollar index

      Dollar index is trading around 101.31.

Above 101.05… Buy it.

Upside Targets Looks 101.25 — 101.50.

Stop loss or Resistance  100.70.

  XAUUSD

(Yesterday   We Recommended to Buy !!! Above  $2080)

    ( 1st Targets Hit  $2088 )  

         Sell Below  $2057…levels Only
           Downside Targets Looks  $2046–$2040.
      Stop-loss $2071.

XAGUSD

                     (Yesterday   We Recommended to Sell !!! Below  $24.20)

    ( Both Targets Hit  $24.12-$23.95 )

            Sell Below 23.55…levels Only
                Downside  Targets Looks  23.40–23.15.

Resistance & Stop Loss 23.90

COPPER

Copper is trading in the range 3.97–3.90

   Below 3.89…Sell  it

       Downside Targets Looks 3.85–3.80.

  Stop Loss 3.94

      CRUDE OIL (WTI)

Crude Oil is Trading Around 72.94.

     Above 72.40… Buy it

     Upside Target 72.90–73.20

     Stop Loss 71.60     

NASDAQ  

    

      Sell Below   17080 Levels Only…!!
      Downside  Target Looks 17025-16960.

 Stop-loss 17140.


S&P 500

                                                     

                                            S&P 500 Resistance 4840
        Sell Below  4826…!!
        Target Looks 4805-4780.

                                  TOP PICK-  EURGBP

Sell below 0.86900  Stop-loss 0.87000  Target 0.8680.

Commodity Samachar
Learn and Trade with Ease

Also Read: Aluminium hit the predicted target, still looks attractive!! , Economic Update | Will US Macroeconomic Numbers Shake Things Up?

Recommended Read: What’s Brewing with US Data in Our Forex News Letter?

Want Help On Trades?

Chat with our Analyst