Commodity Prices

Gold •419 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,349.30	-0.10	-0.01%
WTI Crude •11 mins	63.24	-0.01	-0.02%
Gasoline •39 mins	2.129	+0.007	+0.33%
Ethanol •419 days	2.161	+0.000	+0.00%
Silver •419 days	30.82	+1.16	+3.92%

Silver • 419 days	30.82	+1.16	+3.92%
Copper • 419 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	67.22	-1.00	-1.47%
Natural Gas • 18 mins	2.736	+0.019	+0.70%
Heating Oil • 36 mins	2.280	-0.001	-0.02%

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USD/JPY - Fading Below Resistance at 123.60

By - Nov 18, 2015, 6:04 AM CST

USD/JPY is strengthening and remains in an uptrend channel. Hourly resistance lies at 123.60 (09/11/2015 high). The short-term technical structure favours a further rise. Strong support lies at 120.80 (22/10/2015 low). Expected further test of the hourly resistance at 123.60.

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 116.18 (24/08/2015 low).

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