Commodity Prices

Gold •821 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,700.00	-22.80	-1.32%
WTI Crude •8 hours	91.11	-1.76	-1.90%
Gasoline •8 hours	3.312	-0.090	-2.65%
Ethanol •821 days	2.161	+0.000	+0.00%
Silver •821 days	30.82	+1.16	+3.92%

Silver • 821 days	30.82	+1.16	+3.92%
Copper • 821 days	4.530	+0.111	+2.51%
Brent Crude • 7 hours	102.25	-0.06	-0.06%
Natural Gas • 8 hours	3.035	+0.068	+2.29%
Heating Oil • 8 hours	4.501	-0.141	-3.04%

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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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