Commodity Prices

Gold •637 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,921.80	-67.90	-3.41%
WTI Crude •11 mins	105.20	+5.08	+5.07%
Gasoline •13 mins	3.246	+0.155	+5.00%
Ethanol •637 days	2.161	+0.000	+0.00%
Silver •637 days	30.82	+1.16	+3.92%

Silver • 637 days	30.82	+1.16	+3.92%
Copper • 637 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	107.28	+6.12	+6.05%
Natural Gas • 11 mins	2.867	+0.048	+1.70%
Heating Oil • 11 mins	4.374	+0.317	+7.81%

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USD/JPY: Moving Back Toward The Highs

By - Mar 19, 2013, 6:42 AM CDT

USD/JPY has erased all the losses made yesterday. Further rise towards the resistance at 96.71 (12/03/2013 high) is likely. An hourly support is at 94.82 (intraday low). Another support can be found at 93.57 (18/03/2013 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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