Commodity Prices

Gold •10 mins	1,814.10	+0.00	+0.00%
Platinum •10 mins	1,045.00	-1.90	-0.18%
WTI Crude •11 mins	70.39	-0.17	-0.24%
Gasoline •14 mins	2.275	+0.004	+0.18%
Ethanol •51 mins	2.220	+0.000	+0.00%
Silver •10 mins	25.63	+0.05	+0.19%

Silver • 10 mins	25.63	+0.05	+0.19%
Copper • 10 mins	4.384	-0.003	-0.06%
Brent Crude • 10 mins	72.36	-0.05	-0.07%
Natural Gas • 10 mins	4.070	+0.043	+1.07%
Heating Oil • 10 mins	2.124	-0.002	-0.10%

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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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