Commodity Prices

Gold •15 mins	2,347.20	+4.70	+0.20%
Platinum •15 mins	922.10	+1.60	+0.17%
WTI Crude •21 hours	83.85	+0.28	+0.34%
Gasoline •21 hours	2.765	+0.006	+0.23%
Ethanol •20 hours	2.161	+0.000	+0.00%
Silver •15 mins	27.54	-0.10	-0.35%

Silver • 15 mins	27.54	-0.10	-0.35%
Copper • 15 mins	4.574	+0.036	+0.78%
Brent Crude • 20 hours	89.50	+0.49	+0.55%
Natural Gas • 21 hours	1.614	-0.024	-1.47%
Heating Oil • 21 hours	2.548	-0.002	-0.09%

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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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