Commodity Prices

Gold •725 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,647.30	+28.50	+1.76%
WTI Crude •1 day	69.23	-2.69	-3.74%
Gasoline •1 day	2.957	-0.070	-2.32%
Ethanol •725 days	2.161	+0.000	+0.00%
Silver •725 days	30.82	+1.16	+3.92%

Silver • 725 days	30.82	+1.16	+3.92%
Copper • 725 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	71.99	-3.27	-4.34%
Natural Gas • 1 day	3.279	-0.016	-0.49%
Heating Oil • 1 day	3.208	-0.090	-2.73%

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USD/JPY: Persistent Selling Pressure

By - May 15, 2014, 5:48 AM CDT

USD/JPY has broken the hourly support at 101.85, indicating persistent selling pressures. A support stands at 101.43. Resistances can be found at 102.36 and 103.02.

A long-term bullish bias is favoured as long as the key support 99.57 (19/11/2013 low) holds. Monitor the support area provided by the 200 day moving average (around 101.16) and the rising trendline from the 93.79 low (13/06/2013). A major resistance stands at 110.66 (15/08/2008 high).

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