Commodity Prices

Gold •631 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,864.00	+6.70	+0.36%
WTI Crude •11 mins	96.11	+1.63	+1.73%
Gasoline •12 mins	3.173	+0.043	+1.36%
Ethanol •631 days	2.161	+0.000	+0.00%
Silver •631 days	30.82	+1.16	+3.92%

Silver • 631 days	30.82	+1.16	+3.92%
Copper • 631 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	109.80	+1.79	+1.66%
Natural Gas • 20 mins	3.065	+0.066	+2.20%
Heating Oil • 24 mins	4.355	+0.082	+1.91%

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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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