Commodity Prices

Gold •325 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,088.40	+7.70	+0.71%
WTI Crude •1 day	61.53	+0.33	+0.54%
Gasoline •1 day	2.109	-0.022	-1.03%
Ethanol •325 days	2.161	+0.000	+0.00%
Silver •325 days	30.82	+1.16	+3.92%

Silver • 325 days	30.82	+1.16	+3.92%
Copper • 325 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	64.78	+0.34	+0.53%
Natural Gas • 1 day	3.334	+0.081	+2.49%
Heating Oil • 1 day	2.105	-0.013	-0.60%

Headlines

710 days Will The ECB Continue To Hike Rates?
710 days Forbes: Aramco Remains Largest Company In The Middle East
712 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,112 days Could Crypto Overtake Traditional Investment?
1,117 days Americans Still Quitting Jobs At Record Pace
1,119 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,122 days Is The Dollar Too Strong?
1,122 days Big Tech Disappoints Investors on Earnings Calls
1,123 days Fear And Celebration On Twitter as Musk Takes The Reins
1,125 days China Is Quietly Trying To Distance Itself From Russia
1,125 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,129 days Crypto Investors Won Big In 2021
1,129 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,130 days Food Prices Are Skyrocketing As Putin’s War Persists
1,132 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,133 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,136 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,137 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,137 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,139 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

USD/JPY - Momentum Reversal

By - Nov 25, 2015, 4:50 AM CST

USD/JPY has reversed recent bullish momentum, correcting sharply lower. Support is located at 122.23 (16/11/2015 low). Expected break of the support at 122.23.

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).

Daily Technical Report