Commodity Prices

Gold •630 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,931.00	+38.40	+2.03%
WTI Crude •10 mins	90.09	-2.26	-2.45%
Gasoline •11 mins	3.010	-0.138	-4.39%
Ethanol •630 days	2.161	+0.000	+0.00%
Silver •630 days	30.82	+1.16	+3.92%

Silver • 630 days	30.82	+1.16	+3.92%
Copper • 630 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	102.01	-2.48	-2.37%
Natural Gas • 11 mins	2.952	+0.009	+0.31%
Heating Oil • 11 mins	3.990	-0.301	-7.01%

Headlines

1,014 days Will The ECB Continue To Hike Rates?
1,014 days Forbes: Aramco Remains Largest Company In The Middle East
1,016 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,416 days Could Crypto Overtake Traditional Investment?
1,421 days Americans Still Quitting Jobs At Record Pace
1,423 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,426 days Is The Dollar Too Strong?
1,426 days Big Tech Disappoints Investors on Earnings Calls
1,427 days Fear And Celebration On Twitter as Musk Takes The Reins
1,429 days China Is Quietly Trying To Distance Itself From Russia
1,429 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,433 days Crypto Investors Won Big In 2021
1,433 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,434 days Food Prices Are Skyrocketing As Putin’s War Persists
1,436 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,437 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,440 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,441 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,441 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,443 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

USD/JPY: Has Met and Exceeded Its Inverted Head and Shoulders Target

By - Feb 07, 2013, 5:20 AM CST

USD/JPY is making higher highs confirming the strong underlying uptrend. In fact the long term inverted head and shoulders target has also been met close to the 92.50 region.

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).

Daily Technical Report