Commodity Prices

Gold •10 mins	1,975.30	-3.30	-0.17%
Platinum •10 mins	1,012.70	-1.20	-0.12%
WTI Crude •11 mins	70.36	-0.93	-1.30%
Gasoline •11 mins	2.599	-0.014	-0.53%
Ethanol •3 hours	2.161	+0.000	+0.00%
Silver •10 mins	24.39	+0.04	+0.15%

Silver • 10 mins	24.39	+0.04	+0.15%
Copper • 10 mins	3.773	-0.022	-0.58%
Brent Crude • 11 mins	74.97	-0.99	-1.30%
Natural Gas • 11 mins	2.263	-0.089	-3.78%
Heating Oil • 12 mins	2.364	-0.026	-1.07%

Headlines

396 days Could Crypto Overtake Traditional Investment?
401 days Americans Still Quitting Jobs At Record Pace
403 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
406 days Is The Dollar Too Strong?
406 days Big Tech Disappoints Investors on Earnings Calls
407 days Fear And Celebration On Twitter as Musk Takes The Reins
409 days China Is Quietly Trying To Distance Itself From Russia
409 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
413 days Crypto Investors Won Big In 2021
413 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
414 days Food Prices Are Skyrocketing As Putin’s War Persists
416 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
417 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
420 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
421 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
421 days Two ETFs That Could Hedge Against Extreme Market Volatility
423 days Are NFTs About To Take Over Gaming?
424 days Europe’s Economy Is On The Brink As Putin’s War Escalates
427 days What’s Causing Inflation In The United States?
428 days Intel Joins Russian Exodus as Chip Shortage Digs In

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

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 - 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).

Daily Technical Report