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Soyabean yesterday settled up 3.56% at 3170 supported by good demand in spot market again

Menthaoil yesterday settled down -0.6% at 874.9 tracing the lackluster demand of th

Nickel settled up 0.73% at 942.80 continuous with the last week's rally seen after 2Q GDP repor

Zinc settled at 124.90 recovered from the morning sessions drop as support after positive economic da

Copper settled up 0.30% at 468.65 recovered from the morning losses as a round of profit taking

USD/JPY found a support last week around 95-96 level as expected from where sharp rally suggests that market accomplished wave C) of a triangle and that price is now moving higher in wave D), still only fourth leg within complex correction. But we need five of them, so be aware of more choppy and overlapping price action in 95.80-101.50 range in days ahead before market breaks to the upside. However in the near-term price could reach levels around 99.00 before three wave rise in wave D) is complete. Support for current black sub-wave B comes in around 96.80.

USD/JPY: Daily