Commodity Prices

Gold •15 mins	1,868.90	+0.90	+0.05%
Platinum •15 mins	1,223.60	-1.70	-0.14%
WTI Crude •11 mins	65.21	-0.28	-0.43%
Gasoline •11 mins	2.151	-0.010	-0.46%
Ethanol •45 mins	2.340	+0.000	+0.00%
Silver •15 mins	28.27	-0.07	-0.24%

Silver • 15 mins	28.27	-0.07	-0.24%
Copper • 15 mins	4.706	-0.020	-0.41%
Brent Crude • 18 hours	68.59	-0.87	-1.25%
Natural Gas • 10 mins	3.005	-0.007	-0.23%
Heating Oil • 14 mins	2.050	-0.007	-0.33%

Headlines

6 hours $15/Hour Minimum Wage Might Happen Naturally
24 hours Could This Be The Hottest Investment Sector For 2021?
2 days The Single Most Exciting Mental Health Breakthrough Of The Decade?
2 days Money-Laundering Binance Probe Report Adds To Bitcoin Woes
4 days Pipeline Hackers Lose Access To Ransom Funds
4 days Military Coups Are Big Business
5 days Crypto Market Crashes As Tesla Turns Its Back On Bitcoin
6 days Gold Bulls Are Facing An Uphill Battle
7 days Has The Dogecoin Hype Fizzled?
9 days America's Semiconductor Shortage Is Just Getting Started
12 days The EU Begins Backtracking On China Trade
13 days Americans Are Sick Of Unfair Taxation
15 days No Jab, No Job: The New Hardline Policy of U.S. Employers
17 days What’s Included In Biden’s $6 Trillion Economic Plan?
18 days The “Great Car Comeback” Brightens Oil Demand Outlook
19 days The 3 Most Profitable Covid-19 Vaccine Stocks
21 days Beijing Launches Digital Currency To Break AliPay-WeChat Duopoly
22 days The New Economic World Order After Covid-19
26 days 3 Signals To Watch For A Stock Market Correction
28 days Netflix Earnings Red Alert: Subscriptions Could Underwhelm

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

EUR/JPY - Rally Continues

By - Nov 22, 2016, 7:05 AM CST

EUR/JPY is trading above former resistance at 116.37 (02/09/2016), triggering a bullish extension. Hourly support lies at 114.02 (03/11/2016 low). Expected to go further higher but larger downside moves may happen (profit taking). The short-term momentum is anyway largely bullish.

In the longer term, the technical structure validates a medium-term succession of lower highs and lower lows. As a result, the resistance at 149.78 (08/12/2014 high) has likely marked the end of the rise that started in July 2012. The road is now wide open towards strong support at 94.12 (24/07/2012 low).

Daily Technical Report