Commodity Prices

Gold •845 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,533.00	-12.40	-0.80%
WTI Crude •11 mins	101.34	-0.42	-0.41%
Gasoline •37 mins	3.209	-0.010	-0.30%
Ethanol •845 days	2.161	+0.000	+0.00%
Silver •845 days	30.82	+1.16	+3.92%

Silver • 845 days	30.82	+1.16	+3.92%
Copper • 845 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	115.81	-0.91	-0.78%
Natural Gas • 11 mins	2.600	-0.002	-0.08%
Heating Oil • 15 mins	4.887	-0.025	-0.50%

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USD/JPY - Selling Pressures Surged

By - Sep 22, 2016, 6:51 AM CDT

USD/JPY's volatility has increased. The pair is now trading lower. Strong resistance can be found at 104.32 (02/09/2016 high). Psychological support at 100 is not far away. A key support lies at 99.02 (24/06/2016 low). Expected to further weaken.

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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