Commodity Prices

Gold •172 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	935.60	-0.80	-0.09%
WTI Crude •10 mins	69.56	+0.10	+0.14%
Gasoline •10 mins	1.943	+0.001	+0.05%
Ethanol •172 days	2.161	+0.000	+0.00%
Silver •172 days	30.82	+1.16	+3.92%

Silver • 172 days	30.82	+1.16	+3.92%
Copper • 172 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	72.96	+0.02	+0.03%
Natural Gas • 10 mins	3.919	+0.171	+4.56%
Heating Oil • 10 mins	2.238	+0.006	+0.26%

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USD/JPY: Correcting

By - Jan 29, 2013, 9:08 AM CST

USD/JPY is correcting after having broken its resistance at 90.25. Hourly supports can be found at 90.29 (25/01/2013 low) and 89.85 (intraday low). A move towards the resistance at 92.89 is still favoured.

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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