Commodity Prices

Gold •656 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,081.20	-6.00	-0.29%
WTI Crude •11 mins	86.60	-0.82	-0.94%
Gasoline •11 mins	3.113	-0.004	-0.12%
Ethanol •656 days	2.161	+0.000	+0.00%
Silver •656 days	30.82	+1.16	+3.92%

Silver • 656 days	30.82	+1.16	+3.92%
Copper • 656 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	94.71	-0.77	-0.81%
Natural Gas • 11 mins	2.665	-0.024	-0.89%
Heating Oil • 14 mins	3.552	+0.011	+0.30%

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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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