Commodity Prices

Gold •680 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,008.70	-82.70	-3.95%
WTI Crude •11 mins	104.71	+3.54	+3.50%
Gasoline •11 mins	3.656	+0.050	+1.39%
Ethanol •680 days	2.161	+0.000	+0.00%
Silver •680 days	30.82	+1.16	+3.92%

Silver • 680 days	30.82	+1.16	+3.92%
Copper • 680 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	108.83	+3.11	+2.94%
Natural Gas • 11 mins	2.936	+0.042	+1.45%
Heating Oil • 11 mins	4.032	+0.126	+3.24%

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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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