Commodity Prices

Gold •669 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,010.30	-1.60	-0.08%
WTI Crude •11 mins	101.12	-0.82	-0.80%
Gasoline •11 mins	3.575	-0.020	-0.56%
Ethanol •669 days	2.161	+0.000	+0.00%
Silver •669 days	30.82	+1.16	+3.92%

Silver • 669 days	30.82	+1.16	+3.92%
Copper • 669 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	107.64	-0.53	-0.49%
Natural Gas • 11 mins	2.840	+0.060	+2.16%
Heating Oil • 11 mins	3.915	-0.032	-0.80%

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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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