Commodity Prices

Gold •10 mins	1,569.70	-0.10	-0.01%
Platinum •10 mins	977.00	-18.00	-1.81%
WTI Crude •10 mins	53.19	-0.29	-0.54%
Gasoline •11 mins	1.535	+0.021	+1.37%
Ethanol •15 mins	1.365	+0.018	+1.34%
Silver •10 mins	17.45	-0.01	-0.05%

Silver • 10 mins	17.45	-0.01	-0.05%
Copper • 10 mins	2.558	-0.022	-0.83%
Brent Crude • 10 mins	58.84	+0.03	+0.05%
Natural Gas • 10 mins	1.865	-0.043	-2.25%
Heating Oil • 11 mins	1.707	-0.009	-0.54%

Headlines

55 mins Generation Rent Is Running Out Of Options
17 hours These Millionaires Are Looking To Close The Income Gap
21 hours Huawei Given The Green Light To Build 5G Network In The UK
23 hours Five Things To Watch In The Battery Metals Market
1 day What Investors Need To Know About The Coronavirus
2 days General Motors To Spend $2.2 Billion On Detroit Electric Vehicle Plant
2 days Copper Slides Under Coronavirus Concerns
2 days Low Gold Miner Valuations Reveal Upside Potential For The Industry
2 days JPMorgan Urges Investors To Buy The Coronavirus Dip
2 days The Survival Of A $2.7 Trillion Market Rests On This Tiny Niche
3 days U.S. Moves To Bar Iranians From Investor Visas
4 days Why Germany Is Going To War With Gold
5 days Gold Is Still Cheap Compared To Stocks
6 days Are Cryptocurrencies Funding Terrorism?
6 days Promising Oil Companies To Watch In 2020
7 days Could China's Coronavirus Outbreak Impact U.S. Stocks?
7 days Tesla Stock Continues To Soar
8 days What New Economic Data Reveals About Gold's Trajectory
9 days The Lucrative New Tech Hijacking Your Privacy
9 days The Biggest Loser In The China-U.S. Tariff Tit-For-Tat

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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