Commodity Prices

Gold •10 mins	1,503.80	-12.00	-0.79%
Platinum •10 mins	932.00	-2.60	-0.28%
WTI Crude •11 mins	58.30	+0.26	+0.45%
Gasoline •11 mins	1.633	+0.003	+0.20%
Ethanol •8 hours	1.386	+0.008	+0.58%
Silver •10 mins	17.80	-0.12	-0.69%

Silver • 10 mins	17.80	-0.12	-0.69%
Copper • 10 mins	2.615	+0.002	+0.08%
Brent Crude • 11 mins	62.91	+0.25	+0.40%
Natural Gas • 14 mins	2.653	-0.012	-0.45%
Heating Oil • 15 mins	1.976	+0.006	+0.29%

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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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