Focus : Japan Boosts Economic Outlook: Forex Newsletter Insight


Japan Boosts Economic Outlook: Forex Newsletter Insight

The Forex newsletter for the day is here. Dollar Index, XAUUSD, XAGUSD, Copper, Crude Oil, NASDAQ, S&P 500 E-Mini, USDJPY. Gold & Silver Soar

Dollar Index

Buy on dip around $100.60
Upside Targets Looks $101.00–$101.50
Stop loss below $100.10

XAUUSD

Buy above $2533
Upside Target Looks $2560—$2600
Stop-loss below $2500

XAGUSD

Buy above $29.7
Upside Targets Looks $30.00
Stop loss below $29.40

COPPER (HG1)

Sell below $4.1750
Downside Target Look $4.1400
Stop Loss above $4.2000

USOIL (WTI)

(Yesterday given sell around $76.800, Target done. Hope you have a good profit)

Sell around $76.800
Downside Target looks $76.000
Stop-loss above $77.600

NASDAQ

Sell on rise around 19600
Downside Target Looks 19400—19300
Stop-loss above 19800

S&P 500 E-Mini

Sell around 5622
Stop loss above 5650
Downside Target Looks 5590

TOP PICK-

AUDUSD

Buy around $0.68200
Stop loss below $0.68000
Upside Target Looks $0.68400—0.68400

Japan’s Cabinet Office has improved its economic assessment for the first time in 15 months, citing increased consumer spending and a rebound in housing construction. This positive shift supports the Bank of Japan’s recent rate hike, with further tightening possible if inflation stays aligned with forecasts.

Happy Trading!
Commodity Samachar
Learn and Trade with Ease

Also Read: Natural gas bounced from 4-Month low, is it sustainable or not? Economic News: Will U.S. Economic Data Shake Up Markets?

Recommended Read: MCX Commodities Uncovered: The Must-Knows and Essential Insights [2024]

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