Commodity Prices

Gold •630 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,891.00	-51.80	-2.67%
WTI Crude •11 mins	93.39	+3.07	+3.40%
Gasoline •11 mins	3.062	+0.050	+1.65%
Ethanol •630 days	2.161	+0.000	+0.00%
Silver •630 days	30.82	+1.16	+3.92%

Silver • 630 days	30.82	+1.16	+3.92%
Copper • 630 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	105.81	+3.59	+3.51%
Natural Gas • 12 mins	2.972	+0.020	+0.68%
Heating Oil • 11 mins	4.147	+0.141	+3.51%

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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).

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