Commodity Prices

Gold •385 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,455.20	-26.80	-1.81%
WTI Crude •10 mins	65.28	-0.03	-0.05%
Gasoline •10 mins	2.121	+0.019	+0.92%
Ethanol •385 days	2.161	+0.000	+0.00%
Silver •385 days	30.82	+1.16	+3.92%

Silver • 385 days	30.82	+1.16	+3.92%
Copper • 385 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.53	-0.06	-0.09%
Natural Gas • 10 mins	3.082	-0.170	-5.23%
Heating Oil • 10 mins	2.451	-0.001	-0.04%

Headlines

769 days Will The ECB Continue To Hike Rates?
769 days Forbes: Aramco Remains Largest Company In The Middle East
771 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,171 days Could Crypto Overtake Traditional Investment?
1,176 days Americans Still Quitting Jobs At Record Pace
1,178 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,181 days Is The Dollar Too Strong?
1,181 days Big Tech Disappoints Investors on Earnings Calls
1,182 days Fear And Celebration On Twitter as Musk Takes The Reins
1,184 days China Is Quietly Trying To Distance Itself From Russia
1,184 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,188 days Crypto Investors Won Big In 2021
1,188 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,189 days Food Prices Are Skyrocketing As Putin’s War Persists
1,191 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,192 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,195 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,196 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,196 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,198 days Are NFTs About To Take Over Gaming?

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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: 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