Commodity Prices

Gold •774 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,756.90	+24.70	+1.43%
WTI Crude •2 days	82.40	+1.15	+1.42%
Gasoline •2 days	3.184	+0.056	+1.79%
Ethanol •774 days	2.161	+0.000	+0.00%
Silver •774 days	30.82	+1.16	+3.92%

Silver • 774 days	30.82	+1.16	+3.92%
Copper • 774 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	88.52	+1.45	+1.67%
Natural Gas • 2 days	2.733	+0.006	+0.22%
Heating Oil • 2 days	4.283	+0.032	+0.76%

Headlines

1,158 days Will The ECB Continue To Hike Rates?
1,159 days Forbes: Aramco Remains Largest Company In The Middle East
1,160 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,560 days Could Crypto Overtake Traditional Investment?
1,565 days Americans Still Quitting Jobs At Record Pace
1,567 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,570 days Is The Dollar Too Strong?
1,570 days Big Tech Disappoints Investors on Earnings Calls
1,571 days Fear And Celebration On Twitter as Musk Takes The Reins
1,573 days China Is Quietly Trying To Distance Itself From Russia
1,573 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,577 days Crypto Investors Won Big In 2021
1,577 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,578 days Food Prices Are Skyrocketing As Putin’s War Persists
1,580 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,581 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,584 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,585 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,585 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,587 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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 Key Resistance at 99.28 Has Been Broken

By - Jul 02, 2013, 5:23 AM CDT

USD/JPY has broken the key resistance at 99.28 and is moving towards the resistance at 100.46. Hourly supports are at 99.12 (intraday low, see also the rising trendline) and 98.65 (intraday low).

The medium-term overextended nature of this market calls for some caution. However, the sharp rise from the low at 93.79 suggests a strong buying interest. A move towards the resistance area between 102.59 and 103.74 is likely to occur before mid-July (upper house elections).

Daily Technical Report