Commodity Prices

Gold •853 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,445.20	+15.20	+1.06%
WTI Crude •11 mins	96.05	-0.04	-0.04%
Gasoline •13 mins	2.947	+0.012	+0.40%
Ethanol •853 days	2.161	+0.000	+0.00%
Silver •853 days	30.82	+1.16	+3.92%

Silver • 853 days	30.82	+1.16	+3.92%
Copper • 853 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	103.63	+0.03	+0.03%
Natural Gas • 11 mins	2.881	-0.014	-0.48%
Heating Oil • 12 mins	4.541	+0.011	+0.23%

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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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