The Forex newsletter for the day is here. Dollar Index, XAUUSD, XAGUSD, Copper, Crude Oil, NASDAQ, S&P 500 E-Mini, USDJPY
Dollar Index
Sell below 102.50
Downside Targets Looks 102.00–101.50
Stop loss above 102.90
XAUUSD
(Yesterday given a sell below 2410, both target done, hope you have made a good profit)
Buy around 2397
Upside Target Looks $2410—$2420
Stop-loss below $2388
XAGUSD
Sell on rise around $27.35
Downside Targets Looks $27.20—27.00
Stop loss above $27.50
COPPER (HG1)
(Yesterday given buy above 4.1825, Both target done. Hope you have booked the profit)
Sell around $3.9750
Downside Target Look $3.9500—$3.9300
Stop Loss above $4.0200
USOIL (WTI)
(yesterday given sll below $77.70, hope you have booked the profit, both target done)
Buy above $74.500
Upside Target looks $75.50–$76.50
Stop-loss below $73.50
NASDAQ
Buy around 18440
Upside Target Looks 18600—18700
Stop-loss Below 18200
S&P 500 E-Mini
(Yesterday given Buy around 5540, First target done. Hope you have booked the profit)
Buy around 5300
Stop loss below 5250
Upside Target Looks 5350
TOP PICK-
CADCHF
Buy around $0.62800
Stop loss below $0.62000
Upside Target Looks $0.63500
BoJ Deputy Governor Shinichi Uchida signals caution on rate hikes due to recent market turbulence. He emphasizes maintaining current monetary easing to safeguard Japan’s economy and inflation goals, contrasting Governor Ueda’s earlier hawkish stance, and addressing concerns over the yen’s appreciation and falling bond yields.
Happy Trading!
Commodity Samachar
Learn and Trade with Ease
Also Read: Gold Prices Drop Over 0.5%, Focus on Key Support Breach Economic News: What Will China’s Latest Trade Numbers Reveal?
Recommended Read: MCX Commodities Uncovered: The Must-Knows and Essential Insights [2024]
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