Commodity Prices

Gold •772 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,756.90	+24.70	+1.43%
WTI Crude •18 hours	82.40	+1.15	+1.42%
Gasoline •18 hours	3.184	+0.056	+1.79%
Ethanol •772 days	2.161	+0.000	+0.00%
Silver •772 days	30.82	+1.16	+3.92%

Silver • 772 days	30.82	+1.16	+3.92%
Copper • 772 days	4.530	+0.111	+2.51%
Brent Crude • 17 hours	88.52	+1.45	+1.67%
Natural Gas • 18 hours	2.733	+0.006	+0.22%
Heating Oil • 18 hours	4.283	+0.032	+0.76%

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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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