Commodity Prices

Gold •10 mins	2,398.20	+0.20	+0.01%
Platinum •10 mins	949.90	-4.60	-0.48%
WTI Crude •10 mins	83.39	+0.66	+0.80%
Gasoline •12 mins	2.715	+0.001	+0.04%
Ethanol •12 hours	2.161	+0.000	+0.00%
Silver •10 mins	28.37	-0.02	-0.05%

Silver • 10 mins	28.37	-0.02	-0.05%
Copper • 10 mins	4.467	+0.030	+0.68%
Brent Crude • 10 mins	87.70	+0.59	+0.68%
Natural Gas • 10 mins	1.741	-0.016	-0.91%
Heating Oil • 14 mins	2.541	+0.007	+0.29%

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USD/JPY: The Key Resistance at 80.62 Has Been Breached

By - Nov 15, 2012, 4:47 AM CST

USD/JPY has moved above the resistance at 80.62. The next resistance is at 81.78. An hourly support can be found at 80.45 (06/11/2012 high). Another support can be found at 80.12 (intraday low).

USD/JPY is likely in a long-term bottoming process. A sustainable break of the key resistance at 80.62 (25/06/2012 high) would open the way for further medium-term strength. A strong long-term resistance is at 85.53 (06/04/2011 high).

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