Commodity Prices

Gold •666 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,986.30	-8.30	-0.42%
WTI Crude •11 mins	104.71	-0.36	-0.34%
Gasoline •11 mins	3.635	+0.020	+0.55%
Ethanol •666 days	2.161	+0.000	+0.00%
Silver •666 days	30.82	+1.16	+3.92%

Silver • 666 days	30.82	+1.16	+3.92%
Copper • 666 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	110.84	+0.44	+0.40%
Natural Gas • 11 mins	2.791	+0.024	+0.87%
Heating Oil • 11 mins	4.070	-0.011	-0.26%

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EUR/JPY: Key Resistance at 103.86 Broken

By - Oct 23, 2012, 5:57 AM CDT

EUR/JPY has broken its resistance at 103.86 but is fading close to its declining trendline. Monitor the hourly supports at 103.75 (intraday low) and 103.13 (22/10/2012 low).

We have removed our entry point as it is not anymore in sync with the technical configuration.

EUR/JPY is moving in a long-term downtrend (linking the October 2009 top with the April 2011 top). The medium-term oscillators favour a test of this downtrend.

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