Commodity Prices

Gold •708 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,731.30	+65.60	+3.94%
WTI Crude •11 mins	85.92	-1.79	-2.04%
Gasoline •16 mins	3.039	-0.063	-2.02%
Ethanol •708 days	2.161	+0.000	+0.00%
Silver •708 days	30.82	+1.16	+3.92%

Silver • 708 days	30.82	+1.16	+3.92%
Copper • 708 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	88.41	-1.97	-2.18%
Natural Gas • 11 mins	3.081	-0.006	-0.19%
Heating Oil • 11 mins	3.428	-0.085	-2.42%

Headlines

1,093 days Will The ECB Continue To Hike Rates?
1,093 days Forbes: Aramco Remains Largest Company In The Middle East
1,095 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,495 days Could Crypto Overtake Traditional Investment?
1,499 days Americans Still Quitting Jobs At Record Pace
1,501 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,504 days Is The Dollar Too Strong?
1,505 days Big Tech Disappoints Investors on Earnings Calls
1,506 days Fear And Celebration On Twitter as Musk Takes The Reins
1,507 days China Is Quietly Trying To Distance Itself From Russia
1,508 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,511 days Crypto Investors Won Big In 2021
1,512 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,513 days Food Prices Are Skyrocketing As Putin’s War Persists
1,515 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,515 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,518 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,519 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,519 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,521 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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 - Range-Bound Pattern

By - Apr 19, 2016, 5:59 AM CDT

USD/JPY is trading between hourly support at 107.68 (07/04/2016 low) and hourly resistance at 109.90 (07/04/2016 high). The medium-term momentum is clearly bearish. Selling pressures are still on. Expected to show further weakening.

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