Commodity Prices

Gold •441 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,373.10	-3.50	-0.25%
WTI Crude •12 mins	63.82	-0.23	-0.36%
Gasoline •59 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 • 12 mins	67.77	-0.18	-0.26%
Natural Gas • 11 mins	3.090	-0.010	-0.32%
Heating Oil • 14 mins	2.345	-0.010	-0.42%

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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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