
The Forex newsletter for the day is here. DXY , XAUUSD , XAGUSD , COPPER , USOIL , NASDAQ , S&P 500 E-Mini , USDCHF, Dollar
DXY
Sell on rise around 106.100
Stop loss above 106.400
Target 105.800–105.500
XAUUSD
( Yesterday given Buy around 2640 first target done)
Buy on dip around 2635
Stop loss below 2625
Target 2645–2655
XAGUSD
( Yesterday given Buy around 30.40 all target done)
Sell below 30.80
Stop loss above 31.00
Target 30.60–30.40
USOIL
( Yesterday given Sell on rise around 69.00 all target done)
Sell around 68.80
Stop loss above 69.30
Target 68.20–67.70
COPPER (HG1)
( Yesterday givenSell around 4.1350 all target done)
Sell around 4.1800
Stop loss above 4.2000
Target 4.1600–4.1400
NASDAQ
Sell around 21200
Stop loss above 21260
Target 21140–21080
S&P 500 E-Mini
( Yesterday given Buy around 6041 all target done)
Sell around 6060
Stop loss above 6070
Target 6050–6040
Top pick
( Yesterday given USDCHF Buy around 0.88500 all target done)
USDCHF
Sell on rise around 0.88700
Stop loss above 0.89000
Target 0.88400–0.88100
Forex Newsletter – US oil prices are under pressure due to weaker global demand and increased supply from non-OPEC nations. The OPEC+ meeting on December 5 could lead to crucial decisions on production cuts, which are expected to continue until Q1 2025. Saudi Arabia’s potential price cuts for Asian buyers and tensions in the Middle East, including the Israel-Lebanon ceasefire, have added uncertainty. The market remains in a limited trading range, awaiting OPEC+ decisions for further direction.
Until then, Happy Trading!
Commodity Samachar Securities
We Decode the Language of the Markets
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