Commodity Prices

Gold •814 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,797.70	+32.00	+1.81%
WTI Crude •3 hours	92.82	-1.79	-1.89%
Gasoline •3 hours	3.411	-0.154	-4.31%
Ethanol •814 days	2.161	+0.000	+0.00%
Silver •814 days	30.82	+1.16	+3.92%

Silver • 814 days	30.82	+1.16	+3.92%
Copper • 814 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	104.32	-2.28	-2.14%
Natural Gas • 3 hours	3.183	-0.114	-3.46%
Heating Oil • 3 hours	4.834	+0.104	+2.19%

Headlines

1,198 days Will The ECB Continue To Hike Rates?
1,199 days Forbes: Aramco Remains Largest Company In The Middle East
1,200 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,600 days Could Crypto Overtake Traditional Investment?
1,605 days Americans Still Quitting Jobs At Record Pace
1,607 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,610 days Is The Dollar Too Strong?
1,610 days Big Tech Disappoints Investors on Earnings Calls
1,611 days Fear And Celebration On Twitter as Musk Takes The Reins
1,613 days China Is Quietly Trying To Distance Itself From Russia
1,613 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,617 days Crypto Investors Won Big In 2021
1,617 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,618 days Food Prices Are Skyrocketing As Putin’s War Persists
1,620 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,621 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,624 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,625 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,625 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,627 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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 - 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).

Daily Technical Report