Commodity Prices

Gold •648 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	2,035.70	-29.50	-1.43%
WTI Crude •11 mins	103.93	+7.36	+7.62%
Gasoline •11 mins	3.170	+0.132	+4.36%
Ethanol •648 days	2.161	+0.000	+0.00%
Silver •648 days	30.82	+1.16	+3.92%

Silver • 648 days	30.82	+1.16	+3.92%
Copper • 648 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	102.16	+6.96	+7.31%
Natural Gas • 11 mins	2.704	+0.056	+2.11%
Heating Oil • 11 mins	4.090	+0.328	+8.72%

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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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