Commodity Prices

Gold •337 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,169.80	+33.30	+2.93%
WTI Crude •10 mins	64.54	+1.17	+1.85%
Gasoline •10 mins	2.072	+0.009	+0.45%
Ethanol •337 days	2.161	+0.000	+0.00%
Silver •337 days	30.82	+1.16	+3.92%

Silver • 337 days	30.82	+1.16	+3.92%
Copper • 337 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.29	+0.95	+1.45%
Natural Gas • 10 mins	3.705	+0.028	+0.76%
Heating Oil • 10 mins	2.116	+0.021	+1.01%

Headlines

722 days Will The ECB Continue To Hike Rates?
722 days Forbes: Aramco Remains Largest Company In The Middle East
724 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,124 days Could Crypto Overtake Traditional Investment?
1,129 days Americans Still Quitting Jobs At Record Pace
1,131 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,134 days Is The Dollar Too Strong?
1,134 days Big Tech Disappoints Investors on Earnings Calls
1,135 days Fear And Celebration On Twitter as Musk Takes The Reins
1,137 days China Is Quietly Trying To Distance Itself From Russia
1,137 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,141 days Crypto Investors Won Big In 2021
1,141 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,142 days Food Prices Are Skyrocketing As Putin’s War Persists
1,144 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,145 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,148 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,149 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,149 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,151 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Is The Bull Market On Its Last Legs?

This aging bull market may…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

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).

Daily Technical Report