Commodity Prices

Gold •337 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,136.50	+46.50	+4.27%
WTI Crude •45 mins	63.37	+0.52	+0.83%
Gasoline •45 mins	2.063	+0.029	+1.42%
Ethanol •337 days	2.161	+0.000	+0.00%
Silver •337 days	30.82	+1.16	+3.92%

Silver • 337 days	30.82	+1.16	+3.92%
Copper • 337 days	4.530	+0.111	+2.51%
Brent Crude • 30 mins	65.28	+0.42	+0.65%
Natural Gas • 45 mins	3.677	-0.039	-1.05%
Heating Oil • 45 mins	2.095	+0.024	+1.18%

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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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