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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EUR/JPY - Challenging its Resistance at 116.37

By - Oct 06, 2016, 6:26 AM CDT

EUR/JPY has broken out of range defined by 112.32 and 114.03. While the break of the hourly resistance at 114.20 (29/09/2015 high) invalidates the current short-term bearish technical structure. Hourly support is given at 112.32 (05/08/2016 low). Next key resistance can be located at 116.37 (02/09/2016).

In the longer term, the technical structure validates a medium-term succession of lower highs and lower lows. As a result, the resistance at 149.78 (08/12/2014 high) has likely marked the end of the rise that started in July 2012. The road is now wide open towards strong support at 94.12 (24/07/2012 low).

Daily Technical Report