Commodity Prices

Gold •273 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	956.30	-38.90	-3.91%
WTI Crude •10 mins	66.58	-5.13	-7.15%
Gasoline •10 mins	2.159	-0.172	-7.40%
Ethanol •273 days	2.161	+0.000	+0.00%
Silver •273 days	30.82	+1.16	+3.92%

Silver • 273 days	30.82	+1.16	+3.92%
Copper • 273 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	69.88	-5.07	-6.76%
Natural Gas • 10 mins	4.151	+0.096	+2.37%
Heating Oil • 10 mins	2.180	-0.142	-6.11%

Headlines

658 days Will The ECB Continue To Hike Rates?
658 days Forbes: Aramco Remains Largest Company In The Middle East
660 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,060 days Could Crypto Overtake Traditional Investment?
1,065 days Americans Still Quitting Jobs At Record Pace
1,067 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,070 days Is The Dollar Too Strong?
1,070 days Big Tech Disappoints Investors on Earnings Calls
1,071 days Fear And Celebration On Twitter as Musk Takes The Reins
1,073 days China Is Quietly Trying To Distance Itself From Russia
1,073 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,077 days Crypto Investors Won Big In 2021
1,077 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,078 days Food Prices Are Skyrocketing As Putin’s War Persists
1,080 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,081 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,084 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,085 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,085 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,087 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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 - 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).

Daily Technical Report