Commodity Prices

Gold •401 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,339.60	-14.60	-1.08%
WTI Crude •18 hours	63.88	+0.00	+0.00%
Gasoline •18 hours	2.086	+0.009	+0.41%
Ethanol •401 days	2.161	+0.000	+0.00%
Silver •401 days	30.82	+1.16	+3.92%

Silver • 401 days	30.82	+1.16	+3.92%
Copper • 401 days	4.530	+0.111	+2.51%
Brent Crude • 17 hours	66.59	+0.16	+0.24%
Natural Gas • 18 hours	2.990	-0.077	-2.51%
Heating Oil • 18 hours	2.279	+0.013	+0.55%

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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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