Commodity Prices

Gold •661 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,030.40	-8.00	-0.39%
WTI Crude •1 day	94.40	-1.45	-1.51%
Gasoline •1 day	3.463	+0.001	+0.01%
Ethanol •661 days	2.161	+0.000	+0.00%
Silver •661 days	30.82	+1.16	+3.92%

Silver • 661 days	30.82	+1.16	+3.92%
Copper • 661 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	105.33	+0.26	+0.25%
Natural Gas • 1 day	2.523	-0.091	-3.48%
Heating Oil • 1 day	3.887	-0.101	-2.53%

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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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