Commodity Prices

Gold •273 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	955.90	-39.30	-3.95%
WTI Crude •10 mins	66.69	-5.02	-7.00%
Gasoline •10 mins	2.160	-0.171	-7.32%
Ethanol •273 days	2.161	+0.000	+0.00%
Silver •273 days	30.82	+1.16	+3.92%

Silver • 273 days	30.82	+1.16	+3.92%
Copper • 273 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	70.01	-4.94	-6.59%
Natural Gas • 10 mins	4.143	+0.088	+2.17%
Heating Oil • 10 mins	2.181	-0.141	-6.07%

Headlines

658 days Will The ECB Continue To Hike Rates?
658 days Forbes: Aramco Remains Largest Company In The Middle East
660 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,060 days Could Crypto Overtake Traditional Investment?
1,065 days Americans Still Quitting Jobs At Record Pace
1,067 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,070 days Is The Dollar Too Strong?
1,070 days Big Tech Disappoints Investors on Earnings Calls
1,071 days Fear And Celebration On Twitter as Musk Takes The Reins
1,073 days China Is Quietly Trying To Distance Itself From Russia
1,073 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,077 days Crypto Investors Won Big In 2021
1,077 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,078 days Food Prices Are Skyrocketing As Putin’s War Persists
1,080 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,081 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,084 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,085 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,085 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,087 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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