Commodity Prices

Gold •526 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,753.10	+39.90	+2.33%
WTI Crude •11 mins	57.61	+0.01	+0.02%
Gasoline •11 mins	1.758	-0.002	-0.11%
Ethanol •527 days	2.161	+0.000	+0.00%
Silver •526 days	30.82	+1.16	+3.92%

Silver • 526 days	30.82	+1.16	+3.92%
Copper • 526 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	61.24	-0.04	-0.07%
Natural Gas • 11 mins	4.121	-0.110	-2.60%
Heating Oil • 11 mins	2.215	-0.014	-0.64%

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USD/JPY - Ready For Another Leg Lower

By - Sep 09, 2016, 6:51 AM CDT

USD/JPY is edging lower despite ongoing short-term bullish retracement. Strong resistance can be found at 104.32 (02/09/2016 high). Hourly support is given at 101.21 (07/09/2016 low). A key support lies at 99.02 (24/06/2016 low). We favour a further bearish bias.

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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