Commodity Prices

Gold •330 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,057.30	-22.10	-2.05%
WTI Crude •10 mins	60.28	-0.66	-1.08%
Gasoline •23 mins	2.046	-0.014	-0.67%
Ethanol •330 days	2.161	+0.000	+0.00%
Silver •330 days	30.82	+1.16	+3.92%

Silver • 330 days	30.82	+1.16	+3.92%
Copper • 330 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	63.85	-0.30	-0.47%
Natural Gas • 10 mins	3.489	-0.033	-0.94%
Heating Oil • 13 mins	2.021	-0.027	-1.31%

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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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