Commodity Prices

Gold •14 mins	2,396.80	-1.20	-0.05%
Platinum •14 mins	949.30	-5.20	-0.54%
WTI Crude •10 mins	83.85	+1.12	+1.35%
Gasoline •11 mins	2.726	+0.012	+0.46%
Ethanol •9 hours	2.161	+0.000	+0.00%
Silver •14 mins	28.36	-0.02	-0.07%

Silver • 14 mins	28.36	-0.02	-0.07%
Copper • 14 mins	4.434	-0.003	-0.07%
Brent Crude • 11 mins	88.11	+1.00	+1.15%
Natural Gas • 11 mins	1.764	+0.007	+0.40%
Heating Oil • 11 mins	2.554	+0.020	+0.79%

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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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