Commodity Prices

Gold •593 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	2,016.20	-60.90	-2.93%
WTI Crude •11 mins	62.23	-0.66	-1.05%
Gasoline •11 mins	1.908	-0.003	-0.18%
Ethanol •593 days	2.161	+0.000	+0.00%
Silver •593 days	30.82	+1.16	+3.92%

Silver • 593 days	30.82	+1.16	+3.92%
Copper • 593 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	67.17	-0.58	-0.86%
Natural Gas • 11 mins	3.081	-0.162	-5.00%
Heating Oil • 11 mins	2.374	-0.014	-0.58%

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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).

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