Commodity Prices

Gold •625 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,970.50	+26.80	+1.38%
WTI Crude •19 hours	98.23	+2.68	+2.80%
Gasoline •19 hours	3.286	+0.159	+5.09%
Ethanol •625 days	2.161	+0.000	+0.00%
Silver •625 days	30.82	+1.16	+3.92%

Silver • 625 days	30.82	+1.16	+3.92%
Copper • 625 days	4.530	+0.111	+2.51%
Brent Crude • 18 hours	112.19	+3.54	+3.26%
Natural Gas • 19 hours	3.095	-0.071	-2.24%
Heating Oil • 19 hours	4.608	+0.266	+6.14%

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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