Commodity Prices

Gold •438 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,408.20	-3.50	-0.25%
WTI Crude •11 mins	62.86	+0.17	+0.27%
Gasoline •11 mins	1.992	+0.006	+0.31%
Ethanol •438 days	2.161	+0.000	+0.00%
Silver •438 days	30.82	+1.16	+3.92%

Silver • 438 days	30.82	+1.16	+3.92%
Copper • 438 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	67.14	+0.15	+0.22%
Natural Gas • 12 mins	2.954	+0.013	+0.44%
Heating Oil • 11 mins	2.313	+0.023	+0.99%

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USD/JPY - Old Resistance Becomes New Support

By - Nov 21, 2016, 6:55 AM CST

USD/JPY's buying pressures are important. The pair is making new highs day after day. Hourly support is given around 109.80 (16/11/2016 low). Stronger hourly support lies at 108.56 (17/11/2016 low). 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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