Commodity Prices

Gold •662 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,024.70	-5.70	-0.28%
WTI Crude •11 mins	95.35	+0.95	+1.01%
Gasoline •24 mins	3.489	+0.026	+0.76%
Ethanol •662 days	2.161	+0.000	+0.00%
Silver •662 days	30.82	+1.16	+3.92%

Silver • 662 days	30.82	+1.16	+3.92%
Copper • 662 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	106.54	+1.21	+1.15%
Natural Gas • 13 mins	2.523	-0.160	-5.96%
Heating Oil • 24 mins	3.995	+0.107	+2.76%

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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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