Commodity Prices

Gold •644 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,074.40	+126.50	+6.49%
WTI Crude •11 mins	95.14	-17.81	-15.77%
Gasoline •11 mins	3.002	-0.304	-9.19%
Ethanol •644 days	2.161	+0.000	+0.00%
Silver •644 days	30.82	+1.16	+3.92%

Silver • 644 days	30.82	+1.16	+3.92%
Copper • 644 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	95.03	-14.24	-13.03%
Natural Gas • 11 mins	2.707	-0.163	-5.68%
Heating Oil • 11 mins	3.847	-0.631	-14.09%

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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).

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