Commodity Prices

Gold •653 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,141.70	+29.50	+1.40%
WTI Crude •20 hours	84.98	-9.71	-10.25%
Gasoline •20 hours	3.012	-0.151	-4.79%
Ethanol •653 days	2.161	+0.000	+0.00%
Silver •653 days	30.82	+1.16	+3.92%

Silver • 653 days	30.82	+1.16	+3.92%
Copper • 653 days	4.530	+0.111	+2.51%
Brent Crude • 19 hours	90.38	-9.01	-9.07%
Natural Gas • 20 hours	2.680	+0.033	+1.25%
Heating Oil • 20 hours	3.436	-0.397	-10.36%

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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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