Commodity Prices

Gold •20 mins	1,995.50	+13.40	+0.68%
Platinum •20 mins	1,009.50	+10.50	+1.05%
WTI Crude •10 mins	70.08	+1.99	+2.92%
Gasoline •10 mins	2.437	-0.007	-0.29%
Ethanol •2 hours	2.161	+0.000	+0.00%
Silver •20 mins	23.98	+0.39	+1.64%

Silver • 20 mins	23.98	+0.39	+1.64%
Copper • 20 mins	3.709	+0.072	+1.97%
Brent Crude • 10 mins	74.25	+1.65	+2.27%
Natural Gas • 10 mins	2.162	-0.104	-4.59%
Heating Oil • 10 mins	2.314	+0.063	+2.79%

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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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