Commodity Prices

Gold •10 mins	1,980.50	-1.00	-0.05%
Platinum •10 mins	1,042.20	+3.50	+0.34%
WTI Crude •10 mins	71.68	-0.06	-0.08%
Gasoline •17 mins	2.551	-0.013	-0.50%
Ethanol •4 hours	2.161	+0.000	+0.00%
Silver •10 mins	23.67	+0.00	+0.00%

Silver • 10 mins	23.67	+0.00	+0.00%
Copper • 10 mins	3.770	+0.002	+0.04%
Brent Crude • 10 mins	76.18	-0.11	-0.14%
Natural Gas • 10 mins	2.258	-0.004	-0.18%
Heating Oil • 14 mins	2.362	-0.006	-0.24%

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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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