Commodity Prices

Gold •10 mins	1,419.40	-3.90	-0.27%
Platinum •10 mins	851.30	+4.20	+0.50%
Bitcoin •1 min	9,486.27	+186.09	+2.00%
WTI Crude •11 mins	57.10	+0.32	+0.56%
Gasoline •11 mins	1.841	+0.009	+0.48%
Silver •10 mins	16.14	+0.17	+1.06%

Silver • 10 mins	16.14	+0.17	+1.06%
Copper • 10 mins	2.717	+0.001	+0.04%
Ethereum • 1 min	211.85	+12.94	+6.51%
Brent Crude • 11 mins	64.17	+0.51	+0.80%
Natural Gas • 11 mins	2.302	+0.024	+1.05%

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USD/JPY - Recovery Rally

By - Mar 01, 2017, 6:26 AM CST

USD/JPY is showing limited short -terms buying interest after reversing off base lows. Key resistance is given at 115.62 (19/01/2016 high). The technical structure suggests further weakness around support given at 111.36 (28/11/2017 low).

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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