Commodity Prices

Gold •15 mins	2,324.20	+13.20	+0.57%
Platinum •15 mins	968.50	+13.60	+1.42%
WTI Crude •10 mins	79.51	+0.51	+0.65%
Gasoline •10 mins	2.581	+0.004	+0.16%
Ethanol •9 hours	2.161	+0.000	+0.00%
Silver •15 mins	26.78	+0.03	+0.10%

Silver • 15 mins	26.78	+0.03	+0.10%
Copper • 15 mins	4.563	+0.017	+0.36%
Brent Crude • 10 mins	84.01	+0.57	+0.68%
Natural Gas • 10 mins	1.959	+0.027	+1.40%
Heating Oil • 10 mins	2.467	+0.015	+0.60%

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EUR/JPY- Successful Test of the Support at 122.45

By - Mar 02, 2016, 5:58 AM CST

EUR/JPY has bounced near the significant support region around 122.47 (24/03/2016 low), breaking downtrend channel at 124.13. Hourly resistance can be found at 125.01 (01/03/2016 high).

In the longer term, the technical structure validates a medium-term succession of lower highs and lower lows. As a result, the resistance at 149.78 (08/12/2014 high) has likely marked the end of the rise that started in July 2012. Key support at 124.97 (13/06/2013 low) has been broken. Stronger support is given at 118.73 (25/02/2013 low). A key resistance can be found at 141.06 (04/06/2015 high).

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