Commodity Prices

Gold •783 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,871.70	-17.50	-0.93%
WTI Crude •11 mins	80.27	-4.74	-5.58%
Gasoline •13 mins	3.186	-0.085	-2.59%
Ethanol •783 days	2.161	+0.000	+0.00%
Silver •783 days	30.82	+1.16	+3.92%

Silver • 783 days	30.82	+1.16	+3.92%
Copper • 783 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	86.13	-6.04	-6.55%
Natural Gas • 11 mins	2.791	+0.009	+0.32%
Heating Oil • 13 mins	4.163	-0.105	-2.47%

Headlines

1,167 days Will The ECB Continue To Hike Rates?
1,168 days Forbes: Aramco Remains Largest Company In The Middle East
1,169 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,569 days Could Crypto Overtake Traditional Investment?
1,574 days Americans Still Quitting Jobs At Record Pace
1,576 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,579 days Is The Dollar Too Strong?
1,579 days Big Tech Disappoints Investors on Earnings Calls
1,580 days Fear And Celebration On Twitter as Musk Takes The Reins
1,582 days China Is Quietly Trying To Distance Itself From Russia
1,582 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,586 days Crypto Investors Won Big In 2021
1,586 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,587 days Food Prices Are Skyrocketing As Putin’s War Persists
1,589 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,590 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,593 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,594 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,594 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,596 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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: 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