Commodity Prices

Gold •14 mins	2,089.70	+32.50	+1.58%
Platinum •14 mins	936.10	+0.20	+0.02%
WTI Crude •20 hours	74.07	-1.89	-2.49%
Gasoline •20 hours	2.121	-0.055	-2.51%
Ethanol •18 hours	2.161	+0.000	+0.00%
Silver •14 mins	25.86	+0.20	+0.77%

Silver • 14 mins	25.86	+0.20	+0.77%
Copper • 14 mins	3.932	+0.081	+2.10%
Brent Crude • 19 hours	78.88	-1.98	-2.45%
Natural Gas • 20 hours	2.814	+0.012	+0.43%
Heating Oil • 20 hours	2.662	-0.093	-3.37%

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USD/JPY - Is Sky The Limit?

By - Nov 16, 2016, 6:37 AM CST

USD/JPY's buying pressures are still important. Hourly resistance now lies at 109.44 (intraday high) while hourly support lies at 107.77 (15/11/2016 low). Key support can be found at 100.09 (27/09/2016). Expected to see further upside moves.

We favor 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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