The forex newsletter for the day is here. Without further adieu, let’s dive in!
Dollar Index
Sell around 104.30
Down side Targets Looks 103.80—103.30
Stop loss above 104.80
XAUUSD
Sell below $2325
Down side Target Looks $2320—$2300
Stop-loss above $2345
XAGUSD
sell around $30.00
Downside Target Looks $29.50—$29.00
Stop-loss above $30.90
COPPER
sell below $4.52
Down side Target Look $4.35–$4.20
Stop Loss above $4.70
CRUDE OIL (WTI)
Crude Oil is Trading Around $73.50
Buy above $ 73.55
Up side Target $74.60—$75.00
Stop-loss Below $72.40
NASDAQ
Buy around 18800
Upside side Target Looks 18900 —19000
Stop-loss Below-18700
S&P 500 E-Mini
Buy above 5340
Stop loss above 5250
Upside Target Looks 5450—5550
TOP PICK- GBPUSD
Sell below 1.2760 Stop Loss above 1.2783 Target- 1.2740—1.2720
Also Read: USDCAD pair will on focus on interest rate cut expectations!, Key Market Movers: Bank of Canada’s Policy and US Service PMI in Spotlight!
Recommended Read: Breaking Down 5 Technical Analysis Myths: Let’s Get the Facts Straight!
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