Commodity Prices

Gold •690 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,974.20	+34.50	+1.78%
WTI Crude •11 mins	91.82	-4.78	-4.95%
Gasoline •13 mins	3.313	-0.141	-4.07%
Ethanol •690 days	2.161	+0.000	+0.00%
Silver •690 days	30.82	+1.16	+3.92%

Silver • 690 days	30.82	+1.16	+3.92%
Copper • 690 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	98.70	-4.84	-4.67%
Natural Gas • 12 mins	2.881	-0.026	-0.89%
Heating Oil • 11 mins	3.729	-0.159	-4.10%

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USD/JPY: The 100.00 Level is Acting as Strong Resistance For Now

By - May 07, 2013, 5:13 AM CDT

USD/JPY has approached the 100.00 level on a number of occasions over the last few weeks, each time meeting with strong resistance. Thus if a break can be achieved over this level a further extension higher would be anticipated.

If however the key support at 95.77 (05/04/2013 low) cannot hold then it is anticipated that there would then be scope for a substantial corrective phase to develop as weak shorts will be forced to reverse out of their positions.

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