Commodity Prices

Gold •643 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	2,051.70	+103.80	+5.33%
WTI Crude •11 mins	95.04	-17.91	-15.86%
Gasoline •11 mins	2.981	-0.324	-9.81%
Ethanol •643 days	2.161	+0.000	+0.00%
Silver •643 days	30.82	+1.16	+3.92%

Silver • 643 days	30.82	+1.16	+3.92%
Copper • 643 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	94.55	-14.72	-13.47%
Natural Gas • 11 mins	2.751	-0.119	-4.15%
Heating Oil • 11 mins	3.846	-0.632	-14.11%

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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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