Commodity Prices

Gold •273 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	989.70	-5.50	-0.55%
WTI Crude •10 mins	70.02	-1.69	-2.36%
Gasoline •15 mins	2.254	-0.077	-3.30%
Ethanol •273 days	2.161	+0.000	+0.00%
Silver •273 days	30.82	+1.16	+3.92%

Silver • 273 days	30.82	+1.16	+3.92%
Copper • 273 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.28	-1.67	-2.23%
Natural Gas • 10 mins	4.000	-0.055	-1.36%
Heating Oil • 16 mins	2.254	-0.068	-2.95%

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USD/JPY: Approaching The Strong Resistance at 94.99

By - Feb 11, 2013, 6:10 AM CST

USD/JPY has recently weakened. However the support at 91.98 (05/02/2013 low) has thus far held. Another support can be found at 90.33. We favour a test of the strong resistance at 94.99. An initial resistance is at 94.06 (06/02/2013 high).

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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