Commodity Prices

Gold •19 mins	2,332.80	-9.30	-0.40%
Platinum •19 mins	915.60	-7.20	-0.78%
WTI Crude •10 mins	83.33	-0.03	-0.04%
Gasoline •11 mins	2.722	-0.003	-0.11%
Ethanol •16 hours	2.161	+0.000	+0.00%
Silver •19 mins	27.27	-0.10	-0.35%

Silver • 19 mins	27.27	-0.10	-0.35%
Copper • 19 mins	4.491	+0.031	+0.70%
Brent Crude • 10 mins	88.50	+0.08	+0.09%
Natural Gas • 10 mins	1.763	-0.049	-2.70%
Heating Oil • 10 mins	2.563	-0.016	-0.63%

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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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