Commodity Prices

Gold •273 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	954.80	-40.40	-4.06%
WTI Crude •10 mins	66.29	-5.42	-7.56%
Gasoline •10 mins	2.146	-0.185	-7.95%
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	69.78	-5.17	-6.90%
Natural Gas • 10 mins	4.147	+0.092	+2.27%
Heating Oil • 10 mins	2.170	-0.152	-6.55%

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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).

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