Commodity Prices

Gold •15 mins	1,895.20	+10.40	+0.55%
Platinum •15 mins	994.60	+8.40	+0.85%
WTI Crude •10 mins	77.87	+0.73	+0.95%
Gasoline •11 mins	2.469	+0.012	+0.48%
Ethanol •14 hours	2.161	+0.000	+0.00%
Silver •15 mins	22.50	+0.32	+1.46%

Silver • 15 mins	22.50	+0.32	+1.46%
Copper • 15 mins	4.106	+0.026	+0.62%
Brent Crude • 10 mins	84.31	+0.62	+0.74%
Natural Gas • 10 mins	2.547	-0.037	-1.43%
Heating Oil • 10 mins	2.940	+0.036	+1.23%

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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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