Commodity Prices

Gold •770 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,753.70	-15.60	-0.88%
WTI Crude •11 mins	82.67	-0.60	-0.72%
Gasoline •11 mins	3.146	-0.008	-0.25%
Ethanol •770 days	2.161	+0.000	+0.00%
Silver •770 days	30.82	+1.16	+3.92%

Silver • 770 days	30.82	+1.16	+3.92%
Copper • 770 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	88.50	-0.48	-0.54%
Natural Gas • 12 mins	2.790	-0.014	-0.50%
Heating Oil • 12 mins	4.280	-0.024	-0.56%

Headlines

1,155 days Will The ECB Continue To Hike Rates?
1,155 days Forbes: Aramco Remains Largest Company In The Middle East
1,157 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,556 days Could Crypto Overtake Traditional Investment?
1,561 days Americans Still Quitting Jobs At Record Pace
1,563 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,566 days Is The Dollar Too Strong?
1,567 days Big Tech Disappoints Investors on Earnings Calls
1,567 days Fear And Celebration On Twitter as Musk Takes The Reins
1,569 days China Is Quietly Trying To Distance Itself From Russia
1,569 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,573 days Crypto Investors Won Big In 2021
1,574 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,574 days Food Prices Are Skyrocketing As Putin’s War Persists
1,577 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,577 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,580 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,581 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,581 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,583 days Are NFTs About To Take Over Gaming?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

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 - 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).

Daily Technical Report