Commodity Prices

Gold •172 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	939.40	+3.00	+0.32%
WTI Crude •10 mins	69.84	+0.38	+0.55%
Gasoline •10 mins	1.953	+0.011	+0.56%
Ethanol •172 days	2.161	+0.000	+0.00%
Silver •172 days	30.82	+1.16	+3.92%

Silver • 172 days	30.82	+1.16	+3.92%
Copper • 172 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.29	+0.35	+0.48%
Natural Gas • 10 mins	3.880	+0.132	+3.52%
Heating Oil • 52 mins	2.253	+0.022	+0.97%

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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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