Commodity Prices

Gold •354 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,263.10	-1.40	-0.11%
WTI Crude •10 mins	74.72	+0.88	+1.19%
Gasoline •13 mins	2.357	+0.028	+1.20%
Ethanol •354 days	2.161	+0.000	+0.00%
Silver •354 days	30.82	+1.16	+3.92%

Silver • 354 days	30.82	+1.16	+3.92%
Copper • 354 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	77.91	+0.90	+1.17%
Natural Gas • 10 mins	3.896	+0.049	+1.27%
Heating Oil • 25 mins	2.617	+0.076	+2.97%

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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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