Commodity Prices

Gold •442 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,395.60	-4.60	-0.33%
WTI Crude •12 mins	63.58	+0.01	+0.02%
Gasoline •16 mins	2.015	+0.003	+0.16%
Ethanol •442 days	2.161	+0.000	+0.00%
Silver •442 days	30.82	+1.16	+3.92%

Silver • 442 days	30.82	+1.16	+3.92%
Copper • 442 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	67.44	-0.51	-0.75%
Natural Gas • 14 mins	2.943	+0.004	+0.14%
Heating Oil • 17 mins	2.342	+0.002	+0.10%

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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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