Commodity Prices

Gold •820 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,743.10	+20.30	+1.18%
WTI Crude •11 mins	92.69	-0.18	-0.19%
Gasoline •11 mins	3.368	-0.034	-1.01%
Ethanol •820 days	2.161	+0.000	+0.00%
Silver •820 days	30.82	+1.16	+3.92%

Silver • 820 days	30.82	+1.16	+3.92%
Copper • 820 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	102.28	-0.03	-0.03%
Natural Gas • 11 mins	2.928	-0.039	-1.31%
Heating Oil • 13 mins	4.609	-0.033	-0.72%

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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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