Commodity Prices

Gold •457 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,642.10	+56.10	+3.54%
WTI Crude •17 hours	60.88	+0.40	+0.66%
Gasoline •20 hours	1.861	+0.010	+0.51%
Ethanol •457 days	2.161	+0.000	+0.00%
Silver •457 days	30.82	+1.16	+3.92%

Silver • 457 days	30.82	+1.16	+3.92%
Copper • 457 days	4.530	+0.111	+2.51%
Brent Crude • 19 hours	64.53	+0.42	+0.66%
Natural Gas • 20 hours	3.324	-0.118	-3.43%
Heating Oil • 20 hours	2.236	-0.007	-0.32%

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EUR/JPY - Challenging The Support at 132.00

By - Mar 06, 2015, 2:25 PM CST

EUR/JPY has weakened further and is now challenging the support at 132.00. Another support can be found at 130.15. Hourly resistances now stand at 133.59 (05/03/2015 low, see also the declining channel) and 134.60 (02/03/2015 high).

In the longer term, the break of the strong support at 134.11 (20/11/2013 low) invalidates the long-term succession of higher lows. The resistance at 149.78 (08/12/2014 high) has likely marked the end of the rise that started in July 2012. More sideways moves are now expected. A key support stands at 124.97 (13/06/2013 low), whereas key resistances can be found at 137.64 (20/01/2015 high) and 141.72 (08/01/2015 high).

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