Commodity Prices

Gold •466 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,648.80	+25.80	+1.59%
WTI Crude •11 mins	59.62	+0.72	+1.22%
Gasoline •11 mins	1.836	+0.016	+0.87%
Ethanol •466 days	2.161	+0.000	+0.00%
Silver •466 days	30.82	+1.16	+3.92%

Silver • 466 days	30.82	+1.16	+3.92%
Copper • 466 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	63.44	+0.71	+1.13%
Natural Gas • 11 mins	3.120	+0.014	+0.45%
Heating Oil • 11 mins	2.228	+0.023	+1.05%

Headlines

850 days Will The ECB Continue To Hike Rates?
851 days Forbes: Aramco Remains Largest Company In The Middle East
852 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,252 days Could Crypto Overtake Traditional Investment?
1,257 days Americans Still Quitting Jobs At Record Pace
1,259 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,262 days Is The Dollar Too Strong?
1,262 days Big Tech Disappoints Investors on Earnings Calls
1,263 days Fear And Celebration On Twitter as Musk Takes The Reins
1,265 days China Is Quietly Trying To Distance Itself From Russia
1,265 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,269 days Crypto Investors Won Big In 2021
1,269 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,270 days Food Prices Are Skyrocketing As Putin’s War Persists
1,272 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,273 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,276 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,277 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,277 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,279 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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 - Bouncing Back on The 125-Level

By - Jun 03, 2015, 6:06 AM CDT

USD/JPY has bounced back on the 125-level. We still target the resistance at 125.69 (12/06/2002 high) and we still consider the pair as strongly bullish as we stay largely above the 200-dma. Hourly support is given at 122.78 (27/05/2015 low). Key resistance lies at 135.15 (14-year high).

A long-term bullish bias is favored as long as the strong support at 115.57 (16/12/2014 low) holds. A gradual rise towards the major resistance at 135.15 (01/02/2002 high) is favored. A key support can be found at 118.18 (16/02/2015 low).

Daily Technical Report