Commodity Prices

Gold •666 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,004.80	+10.20	+0.51%
WTI Crude •11 mins	102.95	-2.12	-2.02%
Gasoline •11 mins	3.627	+0.012	+0.32%
Ethanol •666 days	2.161	+0.000	+0.00%
Silver •666 days	30.82	+1.16	+3.92%

Silver • 666 days	30.82	+1.16	+3.92%
Copper • 666 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	109.85	-0.55	-0.50%
Natural Gas • 11 mins	2.806	+0.039	+1.41%
Heating Oil • 11 mins	4.012	-0.069	-1.70%

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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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