Commodity Prices

Gold •10 mins	1,648.50	+5.40	+0.33%
Platinum •10 mins	917.00	+2.20	+0.24%
WTI Crude •11 mins	47.65	-1.08	-2.22%
Gasoline •10 mins	1.511	-0.053	-3.41%
Ethanol •2 hours	1.280	-0.020	-1.54%
Silver •10 mins	18.05	+0.13	+0.73%

Silver • 10 mins	18.05	+0.13	+0.73%
Copper • 10 mins	2.562	-0.012	-0.45%
Brent Crude • 11 mins	51.69	-1.12	-2.12%
Natural Gas • 10 mins	1.765	-0.072	-3.92%
Heating Oil • 10 mins	1.456	-0.042	-2.77%

Headlines

15 hours Rio Tinto To Spend $1 Billion To Reduce Its Carbon Footprint
1 day The Ultra-Wealthy Lost $140 Billion In One Day
2 days Three Energy Casualties In The Coronavirus Crisis
3 days Markets Crumble As Coronavirus Panic Peaks
3 days Cobalt May Be The Key To Clean Hydrogen Fuel
5 days How Taxpayers Are Bankrolling The EV Revolution
6 days The Coronavirus Is Crushing China’s Car Market
7 days Fighting For Survival In The Streaming War
7 days Want A Job? Forget About A Bachelor’s Degree
8 days Another Major Car Maker Is Backing Hydrogen
8 days Are Americans Finally Sold On Soccer?
9 days Is The Tech Bubble About To Burst?
9 days Coronavirus Could Cost Tourism Industry $80 Billion
10 days What Web Traffic Trends Can Tell Us About The World
10 days Miners Face Greater Headwinds
11 days Boris Johnson Proposes Billion Dollar Bridge To Northern Ireland
12 days Goldman Slashes Oil Price Forecast By $10
13 days Tesla Raises $2 Billion In Share Selloff
13 days What The T-Mobile Takeover Of Sprint Really Means For Markets
14 days The U.S. Has Charged Huawei With Racketeering And Conspiracy

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

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).

Daily Technical Report