Commodity Prices

Gold •361 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,349.80	-2.10	-0.16%
WTI Crude •10 mins	64.85	-0.67	-1.02%
Gasoline •12 mins	2.085	-0.005	-0.23%
Ethanol •361 days	2.161	+0.000	+0.00%
Silver •361 days	30.82	+1.16	+3.92%

Silver • 361 days	30.82	+1.16	+3.92%
Copper • 361 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	67.63	-0.14	-0.21%
Natural Gas • 10 mins	3.463	-0.276	-7.38%
Heating Oil • 10 mins	2.354	+0.047	+2.02%

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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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