Commodity Prices

Gold •736 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,642.30	+12.20	+0.75%
WTI Crude •11 mins	72.25	+0.17	+0.24%
Gasoline •16 mins	2.989	-0.050	-1.64%
Ethanol •736 days	2.161	+0.000	+0.00%
Silver •736 days	30.82	+1.16	+3.92%

Silver • 736 days	30.82	+1.16	+3.92%
Copper • 736 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	76.48	+0.18	+0.24%
Natural Gas • 11 mins	2.996	-0.016	-0.53%
Heating Oil • 11 mins	3.532	-0.039	-1.10%

Headlines

1,121 days Will The ECB Continue To Hike Rates?
1,121 days Forbes: Aramco Remains Largest Company In The Middle East
1,123 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,523 days Could Crypto Overtake Traditional Investment?
1,527 days Americans Still Quitting Jobs At Record Pace
1,529 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,532 days Is The Dollar Too Strong?
1,533 days Big Tech Disappoints Investors on Earnings Calls
1,534 days Fear And Celebration On Twitter as Musk Takes The Reins
1,535 days China Is Quietly Trying To Distance Itself From Russia
1,536 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,539 days Crypto Investors Won Big In 2021
1,540 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,540 days Food Prices Are Skyrocketing As Putin’s War Persists
1,543 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,543 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,546 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,547 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,547 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,549 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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 - Directionless

By - Mar 08, 2016, 6:00 AM CST

USD/JPY is trading mixed without momentum. Strong resistance is given at 114.91 (16/02/2016 high). Hourly support lies at 112.75 (08/03/2016 low). Next support lies at 110.99 (11/02/2016 low). Expected to show continued consolidation.

We favour a long-term bearish bias. Support at 105.23 (15/10/2014 low) is on target. A gradual rise towards the major resistance at 135.15 (01/02/2002 high) seems now less likely. Another key support can be found at 105.23 (15/10/2014 low).

Daily Technical Report