Commodity Prices

Gold •308 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	978.10	-5.10	-0.52%
WTI Crude •10 mins	58.30	+0.23	+0.40%
Gasoline •13 mins	2.034	+0.006	+0.28%
Ethanol •308 days	2.161	+0.000	+0.00%
Silver •308 days	30.82	+1.16	+3.92%

Silver • 308 days	30.82	+1.16	+3.92%
Copper • 308 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	61.31	+0.19	+0.31%
Natural Gas • 10 mins	3.642	+0.021	+0.58%
Heating Oil • 10 mins	1.980	+0.003	+0.15%

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USD/JPY - Moving Sharply Higher

By - Aug 21, 2015, 6:03 AM CDT

USD/JPY is still declining. However we consider that this is not sufficient to enter into a declining momentum. The road is still wide open towards the stronger resistance at 125.86 (05/06/2015 high). Hourly support is given by the 38.2% Fibonacci retracement at 122.04.

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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