Commodity Prices

Gold •15 mins	2,393.50	-4.50	-0.19%
Platinum •15 mins	942.80	-11.70	-1.23%
WTI Crude •10 mins	82.26	-0.47	-0.57%
Gasoline •11 mins	2.694	-0.020	-0.74%
Ethanol •14 hours	2.161	+0.000	+0.00%
Silver •15 mins	28.32	-0.07	-0.23%

Silver • 15 mins	28.32	-0.07	-0.23%
Copper • 15 mins	4.474	+0.038	+0.85%
Brent Crude • 10 mins	86.55	-0.56	-0.64%
Natural Gas • 10 mins	1.752	-0.005	-0.28%
Heating Oil • 10 mins	2.525	-0.009	-0.35%

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USD/JPY: Making New Highs

By - Jan 21, 2013, 5:59 AM CST

USD/JPY has made a higher high. Hourly supports can be found at 89.23 (intraday low) and 88.73 (61.8% retracement of the rise from 87.79 to 90.25).

USD/JPY has validated a long-term bullish trend reversal formation by breaking the strong resistance at 85.53 (06/04/2011 high). The first long-term objective is the key resistance at 94.99 (04/05/2010 high). Another key resistance can be found at 101.45 (06/04/2009 high).

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