Commodity Prices

Gold •10 mins	1,889.20	+4.40	+0.23%
Platinum •10 mins	988.10	+1.90	+0.19%
WTI Crude •11 mins	78.01	+0.87	+1.13%
Gasoline •11 mins	2.473	+0.017	+0.67%
Ethanol •15 hours	2.161	+0.000	+0.00%
Silver •10 mins	22.45	+0.27	+1.21%

Silver • 10 mins	22.45	+0.27	+1.21%
Copper • 10 mins	4.078	-0.003	-0.07%
Brent Crude • 11 mins	84.40	+0.71	+0.85%
Natural Gas • 11 mins	2.528	-0.056	-2.17%
Heating Oil • 11 mins	2.956	+0.051	+1.77%

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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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