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Gold •15 mins	1,510.40	+4.20	+0.28%
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WTI Crude •11 mins	58.90	+0.71	+1.22%
Gasoline •11 mins	1.668	+0.005	+0.29%
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Silver •15 mins	17.86	-0.02	-0.13%

Silver • 15 mins	17.86	-0.02	-0.13%
Copper • 15 mins	2.614	+0.006	+0.21%
Brent Crude • 11 mins	63.95	+0.62	+0.98%
Natural Gas • 10 mins	2.548	-0.021	-0.82%
Heating Oil • 10 mins	2.004	+0.004	+0.22%

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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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