USD/JPY is trading at 159.89,0.24% down since previous day close. As speculators anticipate a rate increase from the BOJ next week, the Japanese Yen continues to rise.  The BOJ was asked to express its plan to normalize monetary policy by a top leader in the ruling party. According to media reports, Vice President has now secured the Democratic Party’s presidential candidacy by surpassing 1,976 delegates. (RSI) is below 50, which supports the pessimistic assessment. Resistance is at 157.63 and the nearest support is at 156.19.

US 100   is trading at 19814, 1.54% up since previous day close. With President Joe Biden withdrawing from the contest for re-election, the already unstable political climate in the United States took a new turn. Saylor tweeted, “Bitcoin is the only way to get ahead,” seemingly informing the public that Micro Strategy’s share price just outpaced that of numerous other businesses, including Nvidia. When the RSI crosses 45, the market trend may be consolidating. The closest resistance is 19890, while the closest support is 19565.

XAG/USD is trading at 29.02,1.28% down since previous day close. The price of silver continues to decline on Tuesday during the Asian session, approaching $29.00. With the Chinese economy slowing down, the white metal is edging lower. Concerns about industrial demand stemming from China’s economic slowdown have been undermining the price of silver in the preceding days.  Sellers are in control and the trend is negative. 29.39 represents resistance, and 28.54 is the nearest support.