Commodity Prices

Gold •20 mins	1,961.70	+3.30	+0.17%
Platinum •20 mins	1,022.00	-2.60	-0.25%
WTI Crude •10 mins	73.07	+0.54	+0.74%
Gasoline •10 mins	2.669	+0.028	+1.06%
Ethanol •14 hours	2.161	+0.000	+0.00%
Silver •20 mins	23.77	+0.24	+1.02%

Silver • 20 mins	23.77	+0.24	+1.02%
Copper • 20 mins	3.751	-0.005	-0.13%
Brent Crude • 10 mins	77.46	+0.51	+0.66%
Natural Gas • 10 mins	2.327	-0.002	-0.09%
Heating Oil • 10 mins	2.420	+0.018	+0.74%

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USD/JPY - Holding Below 120.00

By - Jan 05, 2016, 5:52 AM CST

USD/JPY selling pressure continues. Shortterm technical structure suggests a stronger downside momentum. Hourly support can be found at 118.07 (15/10/2015 low). Hourly resistance lies at 123.76(18/11/2015 high). Expected to further decline towards hourly support at 118.07.

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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