The Forex newsletter for the day is here.
LDP Leadership Contest Crucial as Japan Seeks Bold Reforms
Japan’s ruling LDP is set for a pivotal leadership contest, with the winner needing to address economic stagnation and demographic challenges. Former PMs Abe and Kishida offer lessons: pragmatism over compromise is essential for effective governance. New leaders must embrace reform to secure Japan’s future.
Dollar Index
Buy above $101.400
Upside Targets Looks $102.00—$102.50
Stop loss below $100.80
XAUUSD
Sell on rise around 2515
Downside Target Looks $2500—$2490
Stop-loss above $2532
XAGUSD
Sell on rise around 28.80
Downsde Targets Looks $28.00—$27.50
Stop loss above $29.50
COPPER (HG1)
Sell around 4.1800
Downside Target Look $4.1400
Stop Loss above $4.2200
USOIL (WTI)
Sell on rise around $75.50
Downside Target looks $74.00–$73.00
Stop-loss above $77.600
NASDAQ
Sell on rise around 19700
Downside Target Looks 19400—19200
Stop-loss above 20000
S&P 500 E-Mini
Sell below 5650
Stop loss above 5700
Downside Target Looks 5600
TOP PICK-
CADJPY
Buy around $108.870
Stop loss below $107.970
Upside Target Looks $109.500—$110.00
Happy Trading!
Commodity Samachar
Learn and Trade with Ease
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