Commodity Prices

Gold •763 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,747.70	+0.80	+0.05%
WTI Crude •11 mins	75.08	-0.14	-0.19%
Gasoline •39 mins	2.831	-0.008	-0.26%
Ethanol •763 days	2.161	+0.000	+0.00%
Silver •763 days	30.82	+1.16	+3.92%

Silver • 763 days	30.82	+1.16	+3.92%
Copper • 763 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	79.45	+0.09	+0.11%
Natural Gas • 12 mins	2.668	-0.020	-0.74%
Heating Oil • 26 mins	3.782	-0.014	-0.38%

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USD/JPY: Making New Highs

By - Jan 21, 2013, 5:59 AM CST

USD/JPY has made a higher high. Hourly supports can be found at 89.23 (intraday low) and 88.73 (61.8% retracement of the rise from 87.79 to 90.25).

USD/JPY has validated a long-term bullish trend reversal formation by breaking the strong resistance at 85.53 (06/04/2011 high). The first long-term objective is the key resistance at 94.99 (04/05/2010 high). Another key resistance can be found at 101.45 (06/04/2009 high).

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