Commodity Prices

Gold •441 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,368.10	-34.40	-2.45%
WTI Crude •11 mins	64.04	-0.48	-0.74%
Gasoline •11 mins	2.025	-0.016	-0.80%
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 • 11 mins	67.97	-0.50	-0.73%
Natural Gas • 12 mins	3.078	-0.025	-0.81%
Heating Oil • 12 mins	2.351	-0.043	-1.78%

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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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