Commodity Prices

Gold •361 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,377.30	+25.40	+1.88%
WTI Crude •10 mins	65.71	+0.19	+0.29%
Gasoline •38 mins	2.081	-0.009	-0.45%
Ethanol •361 days	2.161	+0.000	+0.00%
Silver •361 days	30.82	+1.16	+3.92%

Silver • 361 days	30.82	+1.16	+3.92%
Copper • 361 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.03	+0.26	+0.38%
Natural Gas • 10 mins	3.641	-0.098	-2.62%
Heating Oil • 2 days	2.241	+0.000	+0.00%

Headlines

746 days Will The ECB Continue To Hike Rates?
746 days Forbes: Aramco Remains Largest Company In The Middle East
748 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,148 days Could Crypto Overtake Traditional Investment?
1,152 days Americans Still Quitting Jobs At Record Pace
1,154 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,157 days Is The Dollar Too Strong?
1,158 days Big Tech Disappoints Investors on Earnings Calls
1,159 days Fear And Celebration On Twitter as Musk Takes The Reins
1,160 days China Is Quietly Trying To Distance Itself From Russia
1,161 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,165 days Crypto Investors Won Big In 2021
1,165 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,166 days Food Prices Are Skyrocketing As Putin’s War Persists
1,168 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,168 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,172 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,172 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,173 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,175 days Are NFTs About To Take Over Gaming?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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

GBP/JPY - Bouncing Near The Support at 181.13

By - Nov 11, 2014, 5:11 AM CST

GBP/JPY is bouncing sharply near the hourly support at 181.13, alleviating concerns of a weakening buying interest. A test of the resistance at 184.33 is expected.

In the long-term, the trend is positive as long as the strong support area between 169.51 (11/04/2014 low) and 167.78 (18/03/2014 low) holds. The break of the strong resistance at 180.72 (19/09/2014 high) opens the way for further strength. A key resistance stands at 197.45 (24/09/2008 high).

Daily Technical Report