Commodity Prices

Gold •441 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,377.40	+0.80	+0.06%
WTI Crude •11 mins	63.83	-0.22	-0.34%
Gasoline •44 mins	2.022	-0.007	-0.34%
Ethanol •441 days	2.161	+0.000	+0.00%
Silver •441 days	30.82	+1.16	+3.92%

Silver • 441 days	30.82	+1.16	+3.92%
Copper • 441 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	67.78	-0.17	-0.25%
Natural Gas • 11 mins	3.090	-0.010	-0.32%
Heating Oil • 18 mins	2.346	-0.009	-0.38%

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USD/JPY - Trading In Range

By - Aug 11, 2016, 6:46 AM CDT

USD/JPY's short-term buying pressures have faded around hourly resistance given at 102.83 (02/08/2016 high). A failure to go above 102.83 indicates a continued medium-term bearish momentum. Hourly support is given at 100.68 (02/08/2016 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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