Commodity Prices

Gold •771 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,724.40	-44.90	-2.54%
WTI Crude •15 mins	81.25	-2.02	-2.43%
Gasoline •15 mins	3.113	-0.040	-1.28%
Ethanol •771 days	2.161	+0.000	+0.00%
Silver •771 days	30.82	+1.16	+3.92%

Silver • 771 days	30.82	+1.16	+3.92%
Copper • 771 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	87.03	-1.95	-2.19%
Natural Gas • 15 mins	2.732	-0.072	-2.57%
Heating Oil • 15 mins	4.234	-0.070	-1.62%

Headlines

1,155 days Will The ECB Continue To Hike Rates?
1,156 days Forbes: Aramco Remains Largest Company In The Middle East
1,157 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,557 days Could Crypto Overtake Traditional Investment?
1,562 days Americans Still Quitting Jobs At Record Pace
1,564 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,567 days Is The Dollar Too Strong?
1,567 days Big Tech Disappoints Investors on Earnings Calls
1,568 days Fear And Celebration On Twitter as Musk Takes The Reins
1,570 days China Is Quietly Trying To Distance Itself From Russia
1,570 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,574 days Crypto Investors Won Big In 2021
1,574 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,575 days Food Prices Are Skyrocketing As Putin’s War Persists
1,577 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,578 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,581 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,582 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,582 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,584 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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