Commodity Prices

Gold •812 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,772.70	+4.50	+0.25%
WTI Crude •11 mins	94.01	+1.85	+2.01%
Gasoline •11 mins	3.611	+0.024	+0.68%
Ethanol •812 days	2.161	+0.000	+0.00%
Silver •812 days	30.82	+1.16	+3.92%

Silver • 812 days	30.82	+1.16	+3.92%
Copper • 812 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	105.57	+2.49	+2.42%
Natural Gas • 11 mins	3.043	+0.020	+0.66%
Heating Oil • 13 mins	4.876	+0.100	+2.09%

Headlines

1,197 days Will The ECB Continue To Hike Rates?
1,197 days Forbes: Aramco Remains Largest Company In The Middle East
1,199 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,599 days Could Crypto Overtake Traditional Investment?
1,604 days Americans Still Quitting Jobs At Record Pace
1,605 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,609 days Is The Dollar Too Strong?
1,609 days Big Tech Disappoints Investors on Earnings Calls
1,610 days Fear And Celebration On Twitter as Musk Takes The Reins
1,611 days China Is Quietly Trying To Distance Itself From Russia
1,612 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,616 days Crypto Investors Won Big In 2021
1,616 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,617 days Food Prices Are Skyrocketing As Putin’s War Persists
1,619 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,619 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,623 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,624 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,624 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,626 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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

USD/JPY - Consolidating After Bearish Break

By - Aug 02, 2016, 6:36 AM CDT

USD/JPY is moving sideways after break of 103.39 support. The short-term technical structure is negative as long as prices remain below the hourly resistance at 103.91 (13/07/2016 low). Hourly supports can be found at 102.04 (intra low).

We favour a long-term bearish bias. Support is now given at 96.57 (10/08/2013 low). A gradual rise towards the major resistance at 135.15 (01/02/2002 high) seems absolutely unlikely. Expected to decline further support at 93.79 (13/06/2013 low).

Daily Technical Report