Commodity Prices

Gold •428 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,380.60	+4.00	+0.29%
WTI Crude •11 mins	63.29	-0.19	-0.30%
Gasoline •22 mins	2.001	-0.008	-0.41%
Ethanol •428 days	2.161	+0.000	+0.00%
Silver •428 days	30.82	+1.16	+3.92%

Silver • 428 days	30.82	+1.16	+3.92%
Copper • 428 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	66.99	-0.61	-0.90%
Natural Gas • 14 mins	3.085	+0.011	+0.36%
Heating Oil • 11 mins	2.322	-0.009	-0.38%

Headlines

812 days Will The ECB Continue To Hike Rates?
813 days Forbes: Aramco Remains Largest Company In The Middle East
814 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,214 days Could Crypto Overtake Traditional Investment?
1,219 days Americans Still Quitting Jobs At Record Pace
1,221 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,224 days Is The Dollar Too Strong?
1,224 days Big Tech Disappoints Investors on Earnings Calls
1,225 days Fear And Celebration On Twitter as Musk Takes The Reins
1,227 days China Is Quietly Trying To Distance Itself From Russia
1,227 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,231 days Crypto Investors Won Big In 2021
1,231 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,232 days Food Prices Are Skyrocketing As Putin’s War Persists
1,234 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,235 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,238 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,239 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,239 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,241 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Is The Bull Market On Its Last Legs?

This aging bull market may…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

EUR/JPY - Heading Towards Support At 118.73

By - Jun 14, 2016, 6:04 AM CDT

EUR/JPY's weakness continues. The pair is trading lower. Support is now a long-term support located at 118.73 (25/02/2013 low). Hourly resistance can be found at 122.70 (07/06/2016 high). Expected to show continued weakness.

In the longer term, the technical structure validates a medium-term succession of lower highs and lower lows. As a result, the resistance at 149.78 (08/12/2014 high) has likely marked the end of the rise that started in July 2012. Strong support is given at 118.73 (25/02/2013 low). A key resistance can be found at 141.06 (04/06/2015 high).

Daily Technical Report