Commodity Prices

Gold •630 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,936.40	+43.80	+2.31%
WTI Crude •11 mins	90.22	-2.13	-2.31%
Gasoline •11 mins	3.001	-0.147	-4.67%
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	101.73	-2.76	-2.64%
Natural Gas • 11 mins	2.952	+0.009	+0.31%
Heating Oil • 11 mins	3.969	-0.322	-7.51%

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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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