Commodity Prices

Gold •15 mins	1,452.90	-4.20	-0.29%
Platinum •15 mins	877.80	-2.80	-0.32%
WTI Crude •11 mins	57.04	+0.18	+0.32%
Gasoline •11 mins	1.617	+0.007	+0.43%
Ethanol •2 hours	1.428	-0.017	-1.18%
Silver •15 mins	16.72	-0.09	-0.52%

Silver • 15 mins	16.72	-0.09	-0.52%
Copper • 15 mins	2.648	-0.016	-0.60%
Brent Crude • 11 mins	62.42	+0.24	+0.39%
Natural Gas • 10 mins	2.661	+0.024	+0.91%
Heating Oil • 10 mins	1.915	+0.000	+0.02%

Headlines

9 hours The Crushing Reality Of Poverty In America
12 hours Should You Buy Into The World’s Largest IPO?
15 hours The Infinite Possibilities Of Cosmic Energy
1 day Analysts Link Walking To Economic Growth
3 days Will Japan Turn Its Back On The Aramco IPO?
3 days Global Debt Soars To $188 Trillion
4 days The World's Largest Gold Miners Are Getting Creative
4 days Twitter: The Saudi Spy Tool To Bring Down Dissidents
5 days Broad Commodity Funds Don’t Give Enough Exposure To Gold
5 days Here We Go Again: Another Giant Telecoms Mega-Merger
6 days World's Largest Gold Miner Sees Profits Triple
6 days Microsoft Japan Trials 4 Day Work Weeks, Productivity Soars By 40%
7 days Hedge Funds Lose $4 Billion In Four Days As California Wildfires Rage On
7 days New Viral App May Be A National Security Threat In Disguise
8 days China's $10 Trillion Space Play
8 days Human Energy: Debunking The Matrix
8 days Cannabis Has Become A Real Estate Selling Point
10 days The Gold Stock Boom Is Just Getting Started
11 days Fading Trade War Hope Leaves Oil Directionless
11 days Millennials Deal Death Blow To America’s Biggest Breweries

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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 - Consolidating After Bearish Breakout

By - Mar 31, 2016, 5:51 AM CDT

USD/JPY's medium term momentum is clearly negative. On the short-term, the pair has broken short-term uptrend channel. Hourly resistance is given at 113.80 (29/03/2016 high) while stronger resistance is given at 114.91 (16/02/2016 high). Hourly support is given at 110.67 (17/03/2016 low). Expected to remain mixed.

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