Commodity Prices

Gold •315 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	973.60	-7.60	-0.77%
WTI Crude •10 mins	61.07	-2.08	-3.29%
Gasoline •10 mins	2.107	-0.064	-2.93%
Ethanol •315 days	2.161	+0.000	+0.00%
Silver •315 days	30.82	+1.16	+3.92%

Silver • 315 days	30.82	+1.16	+3.92%
Copper • 315 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	64.02	-2.07	-3.13%
Natural Gas • 10 mins	3.456	-0.036	-1.03%
Heating Oil • 10 mins	2.145	-0.061	-2.77%

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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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