Commodity Prices

Gold •10 mins	1,200.70	+1.80	+0.15%
Platinum •10 mins	801.90	+2.40	+0.30%
Bitcoin •1 min	6,062.76	-215.65	-3.43%
WTI Crude •11 mins	67.21	+0.01	+0.01%
Gasoline •11 mins	1.925	+0.017	+0.88%
Silver •10 mins	15.04	+0.05	+0.35%

Silver • 10 mins	15.04	+0.05	+0.35%
Copper • 10 mins	2.682	-0.050	-1.81%
Ethereum • 1 min	258.34	-36.27	-12.31%
Brent Crude • 11 mins	72.58	-0.03	-0.04%
Natural Gas • 11 mins	2.965	+0.035	+1.19%

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USD/JPY - Bullish Breakout

By - Apr 22, 2016, 5:43 AM CDT

USD/JPY has broken hourly resistance at 109.90 (07/04/2016 high). Hourly support can be found at 107.68 (07/04/2016 low). Yet, the medium-term momentum is clearly bearish. Selling pressures are clearly fading. Expected to show further increase.

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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