Commodity Prices

Gold •14 mins	1,978.80	+29.20	+1.50%
Platinum •14 mins	996.80	+9.80	+0.99%
WTI Crude •10 mins	70.12	-0.78	-1.10%
Gasoline •1 hour	2.580	-0.014	-0.52%
Ethanol •7 hours	2.161	+0.000	+0.00%
Silver •14 mins	23.08	+0.29	+1.27%

Silver • 14 mins	23.08	+0.29	+1.27%
Copper • 14 mins	4.063	+0.018	+0.45%
Brent Crude • 12 mins	76.01	-0.68	-0.89%
Natural Gas • 12 mins	2.206	+0.035	+1.61%
Heating Oil • 28 mins	2.719	-0.021	-0.77%

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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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