Commodity Prices

Gold •15 mins	1,302.70	-0.20	-0.02%
Platinum •15 mins	835.40	+3.60	+0.43%
Bitcoin •1 min	3,973.90	-13.83	-0.35%
WTI Crude •11 mins	59.02	+0.50	+0.85%
Gasoline •10 mins	1.864	+0.019	+1.00%
Silver •15 mins	15.34	+0.02	+0.10%

Silver • 15 mins	15.34	+0.02	+0.10%
Copper • 15 mins	2.912	+0.006	+0.21%
Ethereum • 1 min	137.38	-1.68	-1.21%
Brent Crude • 11 mins	67.48	+0.32	+0.48%
Natural Gas • 11 mins	2.853	+0.051	+1.82%

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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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