Commodity Prices

Gold •640 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,983.20	-6.50	-0.33%
WTI Crude •2 days	111.54	+11.42	+11.41%
Gasoline •2 days	3.288	+0.197	+6.36%
Ethanol •640 days	2.161	+0.000	+0.00%
Silver •640 days	30.82	+1.16	+3.92%

Silver • 640 days	30.82	+1.16	+3.92%
Copper • 640 days	4.530	+0.111	+2.51%
Brent Crude • 2 days	109.03	+7.87	+7.78%
Natural Gas • 2 days	2.800	-0.019	-0.67%
Heating Oil • 2 days	4.361	+0.304	+7.50%

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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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