Commodity Prices

Gold •401 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,339.60	-14.60	-1.08%
WTI Crude •15 hours	63.88	+0.00	+0.00%
Gasoline •15 hours	2.086	+0.009	+0.41%
Ethanol •401 days	2.161	+0.000	+0.00%
Silver •401 days	30.82	+1.16	+3.92%

Silver • 401 days	30.82	+1.16	+3.92%
Copper • 401 days	4.530	+0.111	+2.51%
Brent Crude • 14 hours	66.59	+0.16	+0.24%
Natural Gas • 15 hours	2.990	-0.077	-2.51%
Heating Oil • 15 hours	2.279	+0.013	+0.55%

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USD/JPY: Grinding Higher

By - Mar 12, 2013, 5:20 AM CDT

USD/JPY continues to move higher but at a slower pace compared to previous days. Resistances can be found at 96.71 (intraday high) and 97.79 (07/08/2009 high). Hourly supports can be found at 95.50 (intraday low) and 94.79 (08/03/2013 low).

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, given by the key resistance at 94.99 (04/05/2010 high), has been reached. A move towards the next key resistance at 101.45 (06/04/2009 high) is expected.

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