Commodity Prices

Gold •671 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,038.60	+63.30	+3.20%
WTI Crude •1 hour	89.83	-12.44	-12.16%
Gasoline •1 hour	3.324	-0.297	-8.20%
Ethanol •671 days	2.161	+0.000	+0.00%
Silver •671 days	30.82	+1.16	+3.92%

Silver • 671 days	30.82	+1.16	+3.92%
Copper • 671 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	98.33	-11.54	-10.50%
Natural Gas • 1 hour	2.720	-0.068	-2.44%
Heating Oil • 1 hour	3.612	-0.418	-10.38%

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USD/JPY: Bouncing

By - May 03, 2013, 6:04 AM CDT

USD/JPY has successfully tested the support at 97.01. Monitor the hourly resistance at 98.33, as a decisive break would call for a move at 99.25 (bullish flag). A key resistance is at 99.94. An hourly support lies at 97.88 (intraday low).

In the longer-term, the strong resistance area between 100.00 and 101.45 (06/04/2009 high) has led to a consolidation phase. However, as long as the support at 95.77 (05/04/2013 low) holds, further long-term strength towards 110.66 (15/08/2008 high) is expected.

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