Commodity Prices

Gold •716 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,668.20	-39.10	-2.29%
WTI Crude •3 hours	76.54	+0.69	+0.91%
Gasoline •3 hours	3.004	+0.009	+0.31%
Ethanol •716 days	2.161	+0.000	+0.00%
Silver •716 days	30.82	+1.16	+3.92%

Silver • 716 days	30.82	+1.16	+3.92%
Copper • 716 days	4.530	+0.111	+2.51%
Brent Crude • 3 hours	80.57	+0.72	+0.90%
Natural Gas • 3 hours	3.198	-0.035	-1.08%
Heating Oil • 3 hours	3.195	+0.067	+2.15%

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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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