Commodity Prices

Gold •672 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	2,070.50	+7.90	+0.38%
WTI Crude •18 hours	89.83	-12.44	-12.16%
Gasoline •18 hours	3.324	-0.297	-8.20%
Ethanol •672 days	2.161	+0.000	+0.00%
Silver •672 days	30.82	+1.16	+3.92%

Silver • 672 days	30.82	+1.16	+3.92%
Copper • 672 days	4.530	+0.111	+2.51%
Brent Crude • 18 hours	98.33	-11.54	-10.50%
Natural Gas • 18 hours	2.720	-0.068	-2.44%
Heating Oil • 18 hours	3.612	-0.418	-10.38%

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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.

Daily Technical Report