Commodity Prices

Gold •806 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,790.20	-4.10	-0.23%
WTI Crude •11 mins	101.15	-0.76	-0.75%
Gasoline •26 mins	3.459	-0.049	-1.39%
Ethanol •806 days	2.161	+0.000	+0.00%
Silver •806 days	30.82	+1.16	+3.92%

Silver • 806 days	30.82	+1.16	+3.92%
Copper • 806 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	103.95	-0.87	-0.83%
Natural Gas • 12 mins	2.859	-0.042	-1.45%
Heating Oil • 12 mins	5.066	-0.048	-0.95%

Headlines

1,191 days Will The ECB Continue To Hike Rates?
1,191 days Forbes: Aramco Remains Largest Company In The Middle East
1,193 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,592 days Could Crypto Overtake Traditional Investment?
1,597 days Americans Still Quitting Jobs At Record Pace
1,599 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,602 days Is The Dollar Too Strong?
1,602 days Big Tech Disappoints Investors on Earnings Calls
1,603 days Fear And Celebration On Twitter as Musk Takes The Reins
1,605 days China Is Quietly Trying To Distance Itself From Russia
1,605 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,609 days Crypto Investors Won Big In 2021
1,609 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,610 days Food Prices Are Skyrocketing As Putin’s War Persists
1,613 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,613 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,616 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,617 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,617 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,619 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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 - 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).

Daily Technical Report