Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	968.70	-1.80	-0.19%
WTI Crude •10 mins	70.11	+0.01	+0.01%
Gasoline •17 mins	2.047	-0.013	-0.62%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •141 days	30.82	+1.16	+3.92%

Silver • 141 days	30.82	+1.16	+3.92%
Copper • 141 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	74.23	+1.42	+1.95%
Natural Gas • 10 mins	3.410	+0.071	+2.13%
Heating Oil • 15 mins	2.270	-0.004	-0.18%

Headlines

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

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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 - Approaching The 120 Threshold

By - Nov 20, 2014, 5:42 AM CST

USD/JPY continues to rise. Hourly supports can be found at 117.41 (intraday low) and 116.34 (18/11/2014 low).

A long-term bullish bias is favoured as long as the key support 105.23 (15/10/2014 high) holds. The break of the major resistance at 110.66 (15/08/2008 high) opens the way for a further rise towards 120.00 (psychological threshold, see also the 61.8% retracement of the 1998-2011 decline). A major resistance stands at 124.14 (22/06/2007 high).

Daily Technical Report