Commodity Prices

Gold •364 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,415.40	-18.10	-1.26%
WTI Crude •10 mins	67.00	-0.45	-0.67%
Gasoline •18 mins	2.111	-0.012	-0.58%
Ethanol •364 days	2.161	+0.000	+0.00%
Silver •364 days	30.82	+1.16	+3.92%

Silver • 364 days	30.82	+1.16	+3.92%
Copper • 364 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	68.63	-0.48	-0.69%
Natural Gas • 10 mins	3.482	-0.006	-0.17%
Heating Oil • 14 mins	2.403	-0.009	-0.36%

Headlines

749 days Will The ECB Continue To Hike Rates?
749 days Forbes: Aramco Remains Largest Company In The Middle East
751 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,150 days Could Crypto Overtake Traditional Investment?
1,155 days Americans Still Quitting Jobs At Record Pace
1,157 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,160 days Is The Dollar Too Strong?
1,161 days Big Tech Disappoints Investors on Earnings Calls
1,161 days Fear And Celebration On Twitter as Musk Takes The Reins
1,163 days China Is Quietly Trying To Distance Itself From Russia
1,163 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,167 days Crypto Investors Won Big In 2021
1,168 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,168 days Food Prices Are Skyrocketing As Putin’s War Persists
1,171 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,171 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,174 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,175 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,175 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,177 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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: Bullish Pause

By - Apr 24, 2014, 6:11 AM CDT

USD/JPY failed to break above short-term high at 102.34 (22/04/2014 high) yesterday. Despite a possible pullback, a move towards resistances are at 102.83 (21/04/2014 high) then a distant 104.21 (04/04/2014 high) is still favored.

A long-term bullish bias is favoured as long as the key support area given by the 200 day moving average (around 100.90) and 101.40 (see also the rising trendline from the 93.79 low (13/06/2013)) holds. A major resistance stands at 110.66 (15/08/2008 high).

Daily Technical Report