Commodity Prices

Gold •695 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,929.50	+2.20	+0.11%
WTI Crude •20 hours	87.36	-1.54	-1.73%
Gasoline •20 hours	3.034	-0.067	-2.14%
Ethanol •695 days	2.161	+0.000	+0.00%
Silver •695 days	30.82	+1.16	+3.92%

Silver • 695 days	30.82	+1.16	+3.92%
Copper • 695 days	4.530	+0.111	+2.51%
Brent Crude • 19 hours	91.12	-1.58	-1.70%
Natural Gas • 20 hours	3.290	+0.005	+0.15%
Heating Oil • 20 hours	3.489	-0.064	-1.79%

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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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