Commodity Prices

Gold •637 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,909.10	-80.60	-4.05%
WTI Crude •11 mins	107.09	+6.97	+6.96%
Gasoline •11 mins	3.302	+0.211	+6.83%
Ethanol •637 days	2.161	+0.000	+0.00%
Silver •637 days	30.82	+1.16	+3.92%

Silver • 637 days	30.82	+1.16	+3.92%
Copper • 637 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	108.78	+7.62	+7.53%
Natural Gas • 11 mins	2.854	+0.035	+1.24%
Heating Oil • 11 mins	4.418	+0.361	+8.89%

Headlines

1,022 days Will The ECB Continue To Hike Rates?
1,022 days Forbes: Aramco Remains Largest Company In The Middle East
1,024 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,424 days Could Crypto Overtake Traditional Investment?
1,428 days Americans Still Quitting Jobs At Record Pace
1,430 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,434 days Is The Dollar Too Strong?
1,434 days Big Tech Disappoints Investors on Earnings Calls
1,435 days Fear And Celebration On Twitter as Musk Takes The Reins
1,436 days China Is Quietly Trying To Distance Itself From Russia
1,437 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,441 days Crypto Investors Won Big In 2021
1,441 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,442 days Food Prices Are Skyrocketing As Putin’s War Persists
1,444 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,444 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,448 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,449 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,449 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,451 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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

USD/JPY - Landing On Support At 111.36

By - Feb 09, 2017, 6:46 AM CST

USD/JPY is slowly pushing lower towards support at 111.36 (28/11/2016 low). Hourly resistance is given at 115.62 (19/01/2016 high). The break of hourly support given at 112.57 (17/01/2017 low) has confirmed bearish pressures.

We favor a long-term bearish bias. Support is now given at 96.57 (10/08/2013 low). A gradual rise towards the major resistance at 135.15 (01/02/2002 high) seems absolutely unlikely. Expected to decline further support at 93.79 (13/06/2013 low).

Daily Technical Report