Commodity Prices

Gold •294 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	978.80	-0.80	-0.08%
WTI Crude •10 mins	62.90	+0.63	+1.01%
Gasoline •10 mins	2.095	+0.012	+0.55%
Ethanol •294 days	2.161	+0.000	+0.00%
Silver •294 days	30.82	+1.16	+3.92%

Silver • 294 days	30.82	+1.16	+3.92%
Copper • 294 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.70	+0.58	+0.88%
Natural Gas • 11 mins	2.977	-0.045	-1.49%
Heating Oil • 30 mins	2.139	+0.012	+0.57%

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USD/JPY - Collapsing

By - Apr 28, 2016, 5:34 AM CDT

USD/JPY has declined sharply on BoJ rate decision. The pair is now targeting hourly support at 107.68 (07/04/2016 low). Resistance can be found at 111.88 (intraday high). 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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