Commodity Prices

Gold •291 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	976.40	-0.60	-0.06%
WTI Crude •10 mins	63.77	-0.91	-1.41%
Gasoline •10 mins	2.080	-0.019	-0.90%
Ethanol •291 days	2.161	+0.000	+0.00%
Silver •291 days	30.82	+1.16	+3.92%

Silver • 291 days	30.82	+1.16	+3.92%
Copper • 291 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	67.06	-0.90	-1.32%
Natural Gas • 10 mins	3.192	-0.053	-1.63%
Heating Oil • 12 mins	2.134	-0.018	-0.85%

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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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