Commodity Prices

Gold •10 mins	1,304.30	-0.10	-0.01%
Platinum •10 mins	912.90	+0.30	+0.03%
WTI Crude •11 mins	70.16	-0.55	-0.78%
Gasoline •11 mins	2.207	-0.021	-0.94%
Ethanol •11 hours	1.522	-0.004	-0.26%
Silver •10 mins	16.69	-0.00	-0.01%

Silver • 10 mins	16.69	-0.00	-0.01%
Copper • 10 mins	3.112	+0.016	+0.52%
Brent Crude • 11 mins	77.92	-0.91	-1.15%
Natural Gas • 10 mins	2.971	+0.000	+0.00%
Heating Oil • 10 mins	2.240	-0.023	-1.01%

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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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