Commodity Prices

Gold •14 mins	1,411.10	-2.40	-0.17%
Platinum •14 mins	848.80	+3.60	+0.43%
Bitcoin •1 min	10,507.49	+382.84	+3.78%
WTI Crude •11 mins	59.92	+0.34	+0.57%
Gasoline •11 mins	1.892	+0.006	+0.29%
Silver •14 mins	15.41	+0.05	+0.29%

Silver • 14 mins	15.41	+0.05	+0.29%
Copper • 14 mins	2.714	+0.003	+0.11%
Ethereum • 1 min	218.78	-2.01	-0.91%
Brent Crude • 11 mins	66.73	+0.25	+0.38%
Natural Gas • 11 mins	2.312	-0.074	-3.10%

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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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