Commodity Prices

Gold •798 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,874.80	-44.20	-2.30%
WTI Crude •10 mins	97.17	+1.12	+1.17%
Gasoline •11 mins	3.225	+0.015	+0.46%
Ethanol •798 days	2.161	+0.000	+0.00%
Silver •798 days	30.82	+1.16	+3.92%

Silver • 798 days	30.82	+1.16	+3.92%
Copper • 798 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	102.10	+0.89	+0.88%
Natural Gas • 11 mins	2.780	-0.042	-1.49%
Heating Oil • 11 mins	4.757	-0.044	-0.91%

Headlines

1,183 days Will The ECB Continue To Hike Rates?
1,183 days Forbes: Aramco Remains Largest Company In The Middle East
1,185 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,585 days Could Crypto Overtake Traditional Investment?
1,589 days Americans Still Quitting Jobs At Record Pace
1,591 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,595 days Is The Dollar Too Strong?
1,595 days Big Tech Disappoints Investors on Earnings Calls
1,596 days Fear And Celebration On Twitter as Musk Takes The Reins
1,597 days China Is Quietly Trying To Distance Itself From Russia
1,598 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,602 days Crypto Investors Won Big In 2021
1,602 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,603 days Food Prices Are Skyrocketing As Putin’s War Persists
1,605 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,605 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,609 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,610 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,610 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,612 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Is The Bull Market On Its Last Legs?

This aging bull market may…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

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