Commodity Prices

Gold •273 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	989.70	-5.50	-0.55%
WTI Crude •10 mins	70.00	-1.71	-2.38%
Gasoline •10 mins	2.253	-0.078	-3.34%
Ethanol •273 days	2.161	+0.000	+0.00%
Silver •273 days	30.82	+1.16	+3.92%

Silver • 273 days	30.82	+1.16	+3.92%
Copper • 273 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.26	-1.69	-2.25%
Natural Gas • 10 mins	3.999	-0.056	-1.38%
Heating Oil • 10 mins	2.253	-0.069	-2.98%

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EUR/JPY - Old Support Becomes New Resistance

By - Jan 18, 2017, 6:27 AM CST

EUR/JPY is trading mixed. The pair is stalling below former support given at 121.68. Weak demand indicates no near term challenge to range top. Expect to see increasing short-term bearish pressures.

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. Strong support at 94.12 (24/07/2012 low) looks nonetheless far away.

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