Commodity Prices

Gold •10 mins	1,566.50	+6.20	+0.40%
Platinum •10 mins	1,024.90	+0.10	+0.01%
WTI Crude •11 mins	58.25	-0.33	-0.56%
Gasoline •12 mins	1.642	-0.013	-0.80%
Ethanol •8 hours	1.357	+0.031	+2.34%
Silver •10 mins	18.10	+0.03	+0.15%

Silver • 10 mins	18.10	+0.03	+0.15%
Copper • 10 mins	2.805	-0.041	-1.44%
Brent Crude • 11 mins	64.65	-0.55	-0.84%
Natural Gas • 12 mins	1.914	-0.071	-3.58%
Heating Oil • 15 mins	1.870	+0.007	+0.35%

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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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