Commodity Prices

Gold •169 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	924.50	-10.10	-1.08%
WTI Crude •12 mins	70.22	-0.36	-0.51%
Gasoline •10 mins	1.922	-0.021	-1.08%
Ethanol •169 days	2.161	+0.000	+0.00%
Silver •169 days	30.82	+1.16	+3.92%

Silver • 169 days	30.82	+1.16	+3.92%
Copper • 169 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	72.88	-0.51	-0.69%
Natural Gas • 10 mins	3.514	+0.140	+4.15%
Heating Oil • 10 mins	2.241	-0.014	-0.64%

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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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