Commodity Prices

Gold •357 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,385.00	+42.00	+3.13%
WTI Crude •10 mins	66.07	+1.15	+1.77%
Gasoline •10 mins	2.115	+0.032	+1.55%
Ethanol •357 days	2.161	+0.000	+0.00%
Silver •357 days	30.82	+1.16	+3.92%

Silver • 357 days	30.82	+1.16	+3.92%
Copper • 357 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.68	+1.00	+1.48%
Natural Gas • 11 mins	3.199	-0.207	-6.08%
Heating Oil • 10 mins	2.372	+0.076	+3.30%

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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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