Commodity Prices

Gold •10 mins	1,648.10	+5.60	+0.34%
Platinum •10 mins	905.20	-0.30	-0.03%
WTI Crude •11 mins	46.75	-0.34	-0.72%
Gasoline •10 mins	1.497	-0.024	-1.58%
Ethanol •2 hours	1.271	-0.029	-2.23%
Silver •10 mins	17.86	+0.13	+0.70%

Silver • 10 mins	17.86	+0.13	+0.70%
Copper • 10 mins	2.563	-0.008	-0.33%
Brent Crude • 40 mins	51.73	-1.08	-2.05%
Natural Gas • 10 mins	1.747	-0.005	-0.29%
Heating Oil • 10 mins	1.481	-0.006	-0.40%

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USD/JPY - Bearish Breakout

By - Dec 10, 2015, 5:22 AM CST

USD/JPY has declined and hourly support at 122.23 (16/11/2015 low) has been broken. Hourly resistance still lies at 123.76 (18/11/2015 high). Strong support can be found at 120.07 (28/10/2015 low). Expected to bounce back toward resistance at 123.76.

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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