Commodity Prices

Gold •732 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,652.80	+24.70	+1.52%
WTI Crude •11 mins	68.31	-0.38	-0.55%
Gasoline •11 mins	2.949	+0.032	+1.10%
Ethanol •732 days	2.161	+0.000	+0.00%
Silver •732 days	30.82	+1.16	+3.92%

Silver • 732 days	30.82	+1.16	+3.92%
Copper • 732 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	71.73	-0.39	-0.54%
Natural Gas • 11 mins	3.193	-0.003	-0.09%
Heating Oil • 11 mins	3.249	+0.067	+2.09%

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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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