Commodity Prices

Gold •335 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,075.40	+4.50	+0.42%
WTI Crude •10 mins	63.23	-0.18	-0.28%
Gasoline •10 mins	2.068	-0.011	-0.54%
Ethanol •335 days	2.161	+0.000	+0.00%
Silver •335 days	30.82	+1.16	+3.92%

Silver • 335 days	30.82	+1.16	+3.92%
Copper • 335 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.47	-0.16	-0.24%
Natural Gas • 10 mins	3.683	-0.039	-1.05%
Heating Oil • 11 mins	2.096	-0.004	-0.19%

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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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