Commodity Prices

Gold •421 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,360.90	-0.80	-0.06%
WTI Crude •10 mins	64.18	-0.42	-0.65%
Gasoline •3 hours	2.199	+0.050	+2.34%
Ethanol •421 days	2.161	+0.000	+0.00%
Silver •421 days	30.82	+1.16	+3.92%

Silver • 421 days	30.82	+1.16	+3.92%
Copper • 421 days	4.530	+0.111	+2.51%
Brent Crude • 13 mins	68.12	-0.50	-0.73%
Natural Gas • 10 mins	2.988	+0.044	+1.49%
Heating Oil • 4 hours	2.310	+0.015	+0.63%

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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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