Commodity Prices

Gold •753 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,649.50	+45.40	+2.83%
WTI Crude •10 mins	83.44	-5.87	-6.57%
Gasoline •10 mins	3.273	-0.123	-3.62%
Ethanol •753 days	2.161	+0.000	+0.00%
Silver •753 days	30.82	+1.16	+3.92%

Silver • 753 days	30.82	+1.16	+3.92%
Copper • 753 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	89.45	-7.33	-7.57%
Natural Gas • 11 mins	2.765	-0.106	-3.69%
Heating Oil • 11 mins	4.112	-0.069	-1.65%

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GBP/JPY - A Bearish Bias Remains Favoured

By - Mar 23, 2015, 6:14 AM CDT

GBP/JPY remains weak near the support implied by the 200-day moving average (around 178.19). A break of the resistance area between 180.17 and 181.07 is needed to improve the short-term technical structure. Hourly supports can be found at 177.73 (19/03/2015 low) and 177.16 (18/03/2015 low).

In the long-term, the lower high made on February 2015 suggests a weakening uptrend. Monitor the strong support at 175.51 (03/02/2015 low). A major support area can be found between 169.51 (11/04/2014 low) and 167.78 (18/03/2014 low). A resistance lies at 185.03 (26/02/2015 high).

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