Commodity Prices

Gold •172 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	942.40	+6.00	+0.64%
WTI Crude •10 mins	69.75	+0.29	+0.42%
Gasoline •12 mins	1.954	+0.012	+0.61%
Ethanol •172 days	2.161	+0.000	+0.00%
Silver •172 days	30.82	+1.16	+3.92%

Silver • 172 days	30.82	+1.16	+3.92%
Copper • 172 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.20	+0.26	+0.36%
Natural Gas • 10 mins	3.871	+0.123	+3.28%
Heating Oil • 12 mins	2.255	+0.023	+1.04%

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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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