Commodity Prices

Gold •170 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	933.90	+10.40	+1.13%
WTI Crude •10 mins	69.57	+0.19	+0.27%
Gasoline •12 mins	1.941	+0.019	+0.97%
Ethanol •170 days	2.161	+0.000	+0.00%
Silver •170 days	30.82	+1.16	+3.92%

Silver • 170 days	30.82	+1.16	+3.92%
Copper • 170 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	72.99	+0.11	+0.15%
Natural Gas • 10 mins	3.733	+0.149	+4.16%
Heating Oil • 10 mins	2.237	-0.001	-0.04%

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USD/JPY: Surging Higher

By - Nov 21, 2012, 5:12 AM CST

USD/JPY has resumed its uptrend. Hourly supports can be found at 81.57 (intraday low) and 81.09 (19/11/2012 low). Resistance is at 83.39 (27/03/2012 high, see also declining trendline).

USD/JPY is likely in a long-term bottoming process. The break of the key resistance at 80.62 (25/06/2012 high) opens the way for further medium-term strength. A strong long-term resistance is at 85.53 (06/04/2011 high).

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