Commodity Prices

Gold •624 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,005.50	+61.80	+3.18%
WTI Crude •11 mins	93.85	-1.70	-1.78%
Gasoline •21 mins	3.119	-0.009	-0.27%
Ethanol •624 days	2.161	+0.000	+0.00%
Silver •624 days	30.82	+1.16	+3.92%

Silver • 624 days	30.82	+1.16	+3.92%
Copper • 624 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	107.27	-1.38	-1.27%
Natural Gas • 12 mins	3.125	-0.041	-1.30%
Heating Oil • 12 mins	4.297	-0.045	-1.04%

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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).

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