Commodity Prices

Gold •180 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	922.60	-12.80	-1.37%
WTI Crude •10 mins	71.33	+0.73	+1.03%
Gasoline •11 mins	1.986	+0.028	+1.42%
Ethanol •180 days	2.161	+0.000	+0.00%
Silver •180 days	30.82	+1.16	+3.92%

Silver • 180 days	30.82	+1.16	+3.92%
Copper • 180 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.48	+0.31	+0.42%
Natural Gas • 10 mins	3.953	+0.570	+16.85%
Heating Oil • 10 mins	2.309	+0.064	+2.84%

Headlines

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

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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

EUR/JPY - Sharp Decline

By - Apr 07, 2016, 5:29 AM CDT

EUR/JPY has moved largely lower. Hourly support at 124.68 (22/03/2016 low) has been broken and the pair is now approaching stronger support at 122.11 (01/03/2016 low) while hourly resistance can be found at 128.22 (31/03/2016 high). Expected to show further weakness

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. Strong support is given at 118.73 (25/02/2013 low). A key resistance can be found at 141.06 (04/06/2015 high).

Daily Technical Report