Commodity Prices

Gold •643 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,066.60	+118.70	+6.09%
WTI Crude •11 mins	94.67	-18.28	-16.18%
Gasoline •11 mins	2.988	-0.317	-9.59%
Ethanol •643 days	2.161	+0.000	+0.00%
Silver •643 days	30.82	+1.16	+3.92%

Silver • 643 days	30.82	+1.16	+3.92%
Copper • 643 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	94.53	-14.74	-13.49%
Natural Gas • 11 mins	2.718	-0.152	-5.30%
Heating Oil • 11 mins	3.841	-0.637	-14.22%

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USD/JPY - Tumbling

By - Aug 03, 2016, 6:08 AM CDT

USD/JPY is heading towards psychological support at 100. The short-term technical structure is clearly negative as long as prices remain below the hourly resistance at 103.91 (13/07/2016 low). Expected to further weaken.

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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