Commodity Prices

Gold •441 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,371.30	-5.30	-0.39%
WTI Crude •13 mins	64.12	+0.07	+0.11%
Gasoline •16 mins	2.025	-0.004	-0.18%
Ethanol •441 days	2.161	+0.000	+0.00%
Silver •441 days	30.82	+1.16	+3.92%

Silver • 441 days	30.82	+1.16	+3.92%
Copper • 441 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	67.95	-0.52	-0.76%
Natural Gas • 12 mins	3.083	-0.017	-0.55%
Heating Oil • 19 mins	2.352	-0.003	-0.12%

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USD/JPY - Pushing Toward Resistance at 124.45

By - Jul 15, 2015, 4:50 AM CDT

USD/JPY is pushing toward resistance at 124.45 (17/06/2015 high). Stronger resistance still lies at 135.15 (14-year high). Hourly support is given at 120.41 (08/07/2015 low). As long as resistance at 124.45 is not broken, we remain bearish on the pair.

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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