The Forexnewsletter for the day is here. Without further adieu, let’s dive in!
Dollar Index
(Yesterday we have given sell around 104.95, Target almost acheived)
Sell around 104.95
Downside Targets Looks 104.50
Stop loss above 105.40
XAUUSD
(we have given sell below $2325. Both target done)
Sell below $2310
Down-side Target Looks $2295/$2280
Stop-loss above $2325
XAGUSD
Sell below $29.00
Downside Target Looks $28.50/$28.00
Stop-loss above $29.70
COPPER
Buy above $4.5420
upside Target Look $4.5600
Stop Loss below $4.5200
CRUDE OIL (WTI)
Buy around $78.50
upside Target $76.50
Stop-loss below $78.50
NASDAQ
(we have given Buy around 19030. First target done)
Buy around 19270
Upside Target Looks 19450/19500
Stop-loss below-19100
S&P 500 E-Mini
(we have given Buy around 5340. First target done)
Buy around 5390
Stop loss below 5300
Upside Target Looks 5440/5500
TOP PICK- GBPUSD
Buy above 1.28100
Stop Loss below 1.27400
Target- 1.28600
US Inflation Slows to 3.3% in May, Below Expectations
The US Consumer Price Index (CPI) inflation rate softened to 3.3% in May, below the expected 3.4%. The annual core CPI, excluding food and energy, rose 3.4%, down from April’s 3.6%. The monthly CPI was unchanged, while the core CPI increased by 0.2%
Happy Trading!
Commodity Samachar
Learn and Trade with Ease
Also Read : Copper Price: Copper at seven-week lows, will it break or not? Economic Calendar: Fed’s Decision Looms, CPI and UK GDP in Focus
Recommended Read : Going ‘All In’ for ‘Made in India’: What’s the Buzz Among American Consumers ?
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