Commodity Prices

Gold •298 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	987.60	+14.70	+1.51%
WTI Crude •10 mins	62.72	-0.30	-0.48%
Gasoline •11 mins	2.110	-0.009	-0.43%
Ethanol •298 days	2.161	+0.000	+0.00%
Silver •298 days	30.82	+1.16	+3.92%

Silver • 298 days	30.82	+1.16	+3.92%
Copper • 298 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.58	-0.29	-0.43%
Natural Gas • 17 mins	2.929	-0.008	-0.27%
Heating Oil • 18 mins	2.161	-0.006	-0.29%

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USD/JPY - Fading Near the Minor Resistance at 101.24

By - Sep 26, 2016, 6:41 AM CDT

USD/JPY has faded near the hourly resistance at 101.24. A break of this level is needed to suggest something more than a temporary rebound. Strong resistance can be found at 104.32 (02/09/2016 high) while hourly resistance is given at 102.79 (21/09/2016 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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