Commodity Prices

Gold •442 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,395.60	-4.60	-0.33%
WTI Crude •12 mins	63.54	-0.03	-0.05%
Gasoline •37 mins	2.015	+0.003	+0.17%
Ethanol •442 days	2.161	+0.000	+0.00%
Silver •442 days	30.82	+1.16	+3.92%

Silver • 442 days	30.82	+1.16	+3.92%
Copper • 442 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	67.44	-0.51	-0.75%
Natural Gas • 11 mins	2.941	+0.002	+0.07%
Heating Oil • 23 mins	2.341	+0.001	+0.04%

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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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