Commodity Prices

Gold •168 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	929.00	-5.60	-0.60%
WTI Crude •5 hours	70.19	-0.39	-0.55%
Gasoline •13 mins	1.935	-0.008	-0.41%
Ethanol •168 days	2.161	+0.000	+0.00%
Silver •168 days	30.82	+1.16	+3.92%

Silver • 168 days	30.82	+1.16	+3.92%
Copper • 168 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.19	-0.20	-0.27%
Natural Gas • 10 mins	3.469	+0.095	+2.82%
Heating Oil • 30 mins	2.248	-0.007	-0.31%

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USD/JPY - Bullish Pause

By - Nov 23, 2016, 6:15 AM CST

USD/JPY's bullish momentum has paused forming resistance above 111. Hourly resistance is given at 111.18 (21/11/2016 high). Support is given around 109.80 (16/11/2016 low). Stronger 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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