Commodity Prices

Gold •295 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	972.90	-7.40	-0.75%
WTI Crude •10 mins	62.83	+0.04	+0.06%
Gasoline •14 mins	2.112	+0.006	+0.29%
Ethanol •295 days	2.161	+0.000	+0.00%
Silver •295 days	30.82	+1.16	+3.92%

Silver • 295 days	30.82	+1.16	+3.92%
Copper • 295 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.62	+0.07	+0.11%
Natural Gas • 19 mins	2.937	+0.007	+0.24%
Heating Oil • 16 mins	2.151	+0.008	+0.36%

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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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