Commodity Prices

Gold •370 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,378.40	-12.90	-0.93%
WTI Crude •10 mins	68.29	-0.04	-0.06%
Gasoline •10 mins	2.193	+0.008	+0.36%
Ethanol •370 days	2.161	+0.000	+0.00%
Silver •370 days	30.82	+1.16	+3.92%

Silver • 370 days	30.82	+1.16	+3.92%
Copper • 370 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	70.13	-0.02	-0.03%
Natural Gas • 10 mins	3.295	-0.045	-1.35%
Heating Oil • 10 mins	2.440	-0.002	-0.07%

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USD/JPY - Bearish Pressures

By - Jan 05, 2017, 6:54 AM CST

USD/JPY has weakened and is moving away from hourly resistance given at 118.66 (15/12/2016 high). Hourly support at 116.05 (30/12/2016 low) has been broken. Stronger support lies at 114.74 (12/12/2016 low). Expected to see further downside 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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