Forex Newsletter: “USDCAD Continuously Rebounds at Uptrend Line

Dollar Index

Buy above 104.40

Upside Targets Looks 104.80—105.30

Stop loss Below 103.90


Sell below $2339

Down side Target Looks $2330–$2320
Stop-loss Above $2352


Sell below $31.20

Downside Target Looks $30–$29
Stop-loss above $32.50


sell around $4.74

Down side Targets Look $4.64–$4.50

Stop Loss below $4.84


Crude Oil is Trading Around $77.80!!

Buy above $ 78.20

Up side Target $80—$81
Stop-loss Below $76


Buy above 18580

Upside Target Looks 18780–19000

Stop-loss Below-18480

S&P 500 E-Mini

Sell Around 5250

Stop loss above 5300
Down side side Target Looks 5200–5150


Buy above 1.3660 Stop Loss below 1.3630 Target- 1.3700

USDCAD remains positive above trend line but faces resistance at 1.3740. Short-term SMAs suggest possible bearish crossover, while RSI dips below 50. Stochastic oscillator signals upward momentum. Support at 1.3590; resistance at 1.3785 and 1.3845. Outlook depends on maintaining position above 200-day SMA.

Happy Trading!

Commodity Samachar
Learn and Trade with Ease

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