Commodity Prices

Gold •396 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,328.60	+11.70	+0.89%
WTI Crude •11 mins	67.57	+0.24	+0.36%
Gasoline •11 mins	2.123	+0.004	+0.20%
Ethanol •396 days	2.161	+0.000	+0.00%
Silver •396 days	30.82	+1.16	+3.92%

Silver • 396 days	30.82	+1.16	+3.92%
Copper • 396 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	69.84	+0.17	+0.24%
Natural Gas • 10 mins	3.057	-0.026	-0.84%
Heating Oil • 10 mins	2.312	+0.013	+0.54%

Headlines

781 days Will The ECB Continue To Hike Rates?
781 days Forbes: Aramco Remains Largest Company In The Middle East
783 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,183 days Could Crypto Overtake Traditional Investment?
1,187 days Americans Still Quitting Jobs At Record Pace
1,189 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,192 days Is The Dollar Too Strong?
1,193 days Big Tech Disappoints Investors on Earnings Calls
1,194 days Fear And Celebration On Twitter as Musk Takes The Reins
1,195 days China Is Quietly Trying To Distance Itself From Russia
1,196 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,200 days Crypto Investors Won Big In 2021
1,200 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,201 days Food Prices Are Skyrocketing As Putin’s War Persists
1,203 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,203 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,207 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,207 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,208 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,210 days Are NFTs About To Take Over Gaming?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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