Commodity Prices

Gold •400 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,351.90	-2.30	-0.17%
WTI Crude •10 mins	64.08	+0.20	+0.31%
Gasoline •10 mins	2.086	+0.008	+0.39%
Ethanol •400 days	2.161	+0.000	+0.00%
Silver •400 days	30.82	+1.16	+3.92%

Silver • 400 days	30.82	+1.16	+3.92%
Copper • 400 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.67	+0.24	+0.36%
Natural Gas • 11 mins	3.092	+0.025	+0.82%
Heating Oil • 11 mins	2.290	+0.023	+1.01%

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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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