Commodity Prices

Gold •362 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,370.60	+27.60	+2.06%
WTI Crude •10 mins	64.96	-0.15	-0.23%
Gasoline •5 hours	2.080	-0.010	-0.48%
Ethanol •362 days	2.161	+0.000	+0.00%
Silver •362 days	30.82	+1.16	+3.92%

Silver • 362 days	30.82	+1.16	+3.92%
Copper • 362 days	4.530	+0.111	+2.51%
Brent Crude • 5 hours	67.61	-0.16	-0.24%
Natural Gas • 10 mins	3.463	+0.007	+0.20%
Heating Oil • 5 hours	2.346	+0.039	+1.67%

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USD/JPY - Decling Toward The Support at 122.46

By - Jun 18, 2015, 5:57 AM CDT

USD/JPY is now declining toward the hourly support at 122.46 (10/06/2015 low). We expect the pair to test this support. We remain bullish for the pair as we stay largely above the 200- dma. However, the pair is gaining bearish momentum on the short term. 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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