Commodity Prices

Gold •642 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,969.20	-8.30	-0.42%
WTI Crude •11 mins	114.58	+2.17	+1.93%
Gasoline •11 mins	3.335	+0.027	+0.80%
Ethanol •642 days	2.161	+0.000	+0.00%
Silver •642 days	30.82	+1.16	+3.92%

Silver • 642 days	30.82	+1.16	+3.92%
Copper • 642 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	111.40	+1.63	+1.48%
Natural Gas • 11 mins	2.794	-0.017	-0.60%
Heating Oil • 11 mins	4.542	+0.214	+4.94%

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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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