Commodity Prices

Gold •583 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	2,099.40	+28.80	+1.39%
WTI Crude •8 hours	63.55	+0.26	+0.41%
Gasoline •8 hours	1.953	+0.027	+1.38%
Ethanol •583 days	2.161	+0.000	+0.00%
Silver •583 days	30.82	+1.16	+3.92%

Silver • 583 days	30.82	+1.16	+3.92%
Copper • 583 days	4.530	+0.111	+2.51%
Brent Crude • 7 hours	68.05	+0.50	+0.74%
Natural Gas • 8 hours	3.422	-0.087	-2.48%
Heating Oil • 8 hours	2.413	+0.020	+0.84%

Headlines

968 days Will The ECB Continue To Hike Rates?
968 days Forbes: Aramco Remains Largest Company In The Middle East
970 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,370 days Could Crypto Overtake Traditional Investment?
1,374 days Americans Still Quitting Jobs At Record Pace
1,376 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,379 days Is The Dollar Too Strong?
1,380 days Big Tech Disappoints Investors on Earnings Calls
1,381 days Fear And Celebration On Twitter as Musk Takes The Reins
1,382 days China Is Quietly Trying To Distance Itself From Russia
1,383 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,387 days Crypto Investors Won Big In 2021
1,387 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,388 days Food Prices Are Skyrocketing As Putin’s War Persists
1,390 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,390 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,394 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,394 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,394 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,397 days Are NFTs About To Take Over Gaming?

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

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.

Daily Technical Report