Commodity Prices

Gold •10 mins	1,505.90	-9.90	-0.65%
Platinum •10 mins	938.90	+4.30	+0.46%
WTI Crude •11 mins	58.67	+0.63	+1.09%
Gasoline •11 mins	1.668	+0.037	+2.29%
Ethanol •27 mins	1.372	-0.014	-1.01%
Silver •10 mins	17.85	-0.07	-0.41%

Silver • 10 mins	17.85	-0.07	-0.41%
Copper • 10 mins	2.606	-0.007	-0.27%
Brent Crude • 11 mins	63.75	+1.09	+1.74%
Natural Gas • 13 mins	2.578	-0.087	-3.26%
Heating Oil • 12 mins	2.008	+0.037	+1.90%

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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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