Commodity Prices

Gold •766 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,759.60	+21.70	+1.25%
WTI Crude •1 day	78.18	+0.89	+1.15%
Gasoline •1 day	2.985	+0.047	+1.59%
Ethanol •766 days	2.161	+0.000	+0.00%
Silver •766 days	30.82	+1.16	+3.92%

Silver • 766 days	30.82	+1.16	+3.92%
Copper • 766 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	83.55	+1.06	+1.29%
Natural Gas • 1 day	2.662	+0.022	+0.83%
Heating Oil • 1 day	3.902	+0.020	+0.53%

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USD/JPY: The Recent Low at 100.67 is Challenged

By - May 30, 2013, 5:35 AM CDT

USD/JPY has successfully tested its resistance at 102.59 and is now challenging the support at 100.67. Other supports can be found at 99.95 and 98.58. An initial resistance lies at 101.54 (intraday high).

The overextended nature of this market calls for some caution. 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 favoured. We do not expect a break of this resistance in the coming months though.

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