Commodity Prices

Gold •316 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	988.00	-7.40	-0.74%
WTI Crude •10 mins	61.37	-0.25	-0.41%
Gasoline •11 mins	2.124	-0.011	-0.50%
Ethanol •316 days	2.161	+0.000	+0.00%
Silver •316 days	30.82	+1.16	+3.92%

Silver • 316 days	30.82	+1.16	+3.92%
Copper • 316 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	64.31	-0.22	-0.34%
Natural Gas • 10 mins	3.346	-0.016	-0.48%
Heating Oil • 11 mins	2.155	-0.011	-0.51%

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EUR/JPY - Breaking Support At 120.55

By - Feb 07, 2017, 6:45 AM CST

EUR/JPY's demand has faded abruptly. Strong hourly support given at 120.55 (17/01/2017 low) has been broken while resistance is given at 123.31 (27/01/2017 high). The road is wide open towards support at 1118.73 (05/12/2016 low).

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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