Commodity Prices

Gold •725 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,647.30	+28.50	+1.76%
WTI Crude •1 day	69.23	-2.69	-3.74%
Gasoline •1 day	2.957	-0.070	-2.32%
Ethanol •725 days	2.161	+0.000	+0.00%
Silver •725 days	30.82	+1.16	+3.92%

Silver • 725 days	30.82	+1.16	+3.92%
Copper • 725 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	71.99	-3.27	-4.34%
Natural Gas • 1 day	3.279	-0.016	-0.49%
Heating Oil • 1 day	3.208	-0.090	-2.73%

Headlines

1,109 days Will The ECB Continue To Hike Rates?
1,109 days Forbes: Aramco Remains Largest Company In The Middle East
1,111 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,511 days Could Crypto Overtake Traditional Investment?
1,516 days Americans Still Quitting Jobs At Record Pace
1,518 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,521 days Is The Dollar Too Strong?
1,521 days Big Tech Disappoints Investors on Earnings Calls
1,522 days Fear And Celebration On Twitter as Musk Takes The Reins
1,524 days China Is Quietly Trying To Distance Itself From Russia
1,524 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,528 days Crypto Investors Won Big In 2021
1,528 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,529 days Food Prices Are Skyrocketing As Putin’s War Persists
1,531 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,532 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,535 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,536 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,536 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,538 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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