Today’s forex newsletter looks quite interesting
DXY
Buy above 107.780
Stop loss below 107.570
Target 107.970–108.200
XAUUSD
Sell on rise around 2612
Stop loss above 2618
Target 2606–2600
XAGUSD
Sell below 28.90
Stop loss above 29.05
Target 28.75–28.60
USoil
Buy around 71.40
Stop loss below 71.00
Target 71.80–72.20
COPPER (HG1)
Sell around 4.0500
Stop loss above 4.05700
Target 4.05300–4.05100
NASDAQ
Buy above 21520
Stop loss below 21470
Target 21570–21620
S&P 500 E-Mini
Buy above 5981
Stop loss below 5971
Target 5991–6000
Top pick
USDCHF
Buy around 90450
Stop loss below 90200
Target 90700–91000
Forex Newsletter – WTI oil prices rose to around $71.70, bolstered by China’s expanding manufacturing sector in December. Additionally, US crude stockpiles are expected to have fallen by 3 million barrels, providing further support to oil prices despite ongoing concerns over long-term demand and market oversupply.
Until then, Happy Trading!
Commodity Samachar Securities
We Decode the Language of the Markets
Also Read: Forex Focus: Oil Prices Surge on China Recovery Hopes , Rupee Worst Day in 7 Months: Is Trump Trade to Blame?
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