Commodity Prices

Gold •817 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,711.20	-33.50	-1.92%
WTI Crude •11 mins	92.37	-0.23	-0.25%
Gasoline •30 mins	3.311	-0.026	-0.79%
Ethanol •817 days	2.161	+0.000	+0.00%
Silver •817 days	30.82	+1.16	+3.92%

Silver • 817 days	30.82	+1.16	+3.92%
Copper • 817 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	105.07	-0.21	-0.20%
Natural Gas • 11 mins	3.082	-0.024	-0.77%
Heating Oil • 32 mins	4.680	-0.075	-1.58%

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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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