Commodity Prices

Gold •666 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,988.90	-5.70	-0.29%
WTI Crude •11 mins	105.16	+0.09	+0.09%
Gasoline •13 mins	3.638	+0.023	+0.64%
Ethanol •666 days	2.161	+0.000	+0.00%
Silver •666 days	30.82	+1.16	+3.92%

Silver • 666 days	30.82	+1.16	+3.92%
Copper • 666 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	111.13	+0.73	+0.66%
Natural Gas • 12 mins	2.783	+0.016	+0.58%
Heating Oil • 15 mins	4.096	+0.015	+0.37%

Headlines

1,051 days Will The ECB Continue To Hike Rates?
1,051 days Forbes: Aramco Remains Largest Company In The Middle East
1,053 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,453 days Could Crypto Overtake Traditional Investment?
1,457 days Americans Still Quitting Jobs At Record Pace
1,459 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,462 days Is The Dollar Too Strong?
1,463 days Big Tech Disappoints Investors on Earnings Calls
1,464 days Fear And Celebration On Twitter as Musk Takes The Reins
1,465 days China Is Quietly Trying To Distance Itself From Russia
1,466 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,469 days Crypto Investors Won Big In 2021
1,470 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,471 days Food Prices Are Skyrocketing As Putin’s War Persists
1,473 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,473 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,476 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,477 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,477 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,479 days Are NFTs About To Take Over Gaming?

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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 - Surging Higher

By - Jul 31, 2014, 5:18 AM CDT

USD/JPY surged higher yesterday, breaking the resistance area defined by 102.27 (03/07/2014 high) and 102.36. Prices are now challenging the key resistance at 103.02. An hourly support stands at 102.36 (previous resistance).

A long-term bullish bias is favoured as long as the key support 99.57 (19/11/2013 low) holds. However, a break to the upside out of the current consolidation phase between 100.76 (04/02/2014 low) and 103.02 is needed to resume the underlying bullish trend. A major resistance stands at 110.66 (15/08/2008 high).

Daily Technical Report