Commodity Prices

Gold •134 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	941.30	-2.70	-0.29%
WTI Crude •10 mins	67.96	-0.74	-1.08%
Gasoline •14 mins	1.959	-0.023	-1.16%
Ethanol •134 days	2.161	+0.000	+0.00%
Silver •134 days	30.82	+1.16	+3.92%

Silver • 134 days	30.82	+1.16	+3.92%
Copper • 134 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	71.80	-0.76	-1.05%
Natural Gas • 10 mins	2.707	-0.078	-2.80%
Heating Oil • 10 mins	2.191	-0.022	-0.97%

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USD/JPY: Challenging The Recent Highs at 99.94

By - Apr 22, 2013, 5:26 AM CDT

USD/JPY is challenging the resistance at 99.94 (11/04/2013 high). Monitor also the strong resistance at 101.45. Hourly supports can be found at 98.96 (intraday low) and 97.22 (17/04/2013 low).

USD/JPY has validated a long-term bullish trend reversal formation by breaking the strong resistance at 85.53 (06/04/2011 high). A move towards the key resistance at 101.45 (06/04/2009 high) is expected.

A long-term bullish bias is favoured as long as the support at 92.57 (02/04/2013 low) holds. Further long-term strength towards 110.66 (15/08/2008 high) is likely.

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