Commodity Prices

Gold •320 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,013.10	+7.20	+0.72%
WTI Crude •17 mins	62.70	+0.01	+0.02%
Gasoline •10 mins	2.138	-0.001	-0.03%
Ethanol •320 days	2.161	+0.000	+0.00%
Silver •320 days	30.82	+1.16	+3.92%

Silver • 320 days	30.82	+1.16	+3.92%
Copper • 320 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.49	-0.05	-0.08%
Natural Gas • 10 mins	3.155	+0.042	+1.35%
Heating Oil • 10 mins	2.134	+0.006	+0.28%

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EUR/JPY - Starting To Reverse

By - Mar 08, 2017, 6:00 AM CST

EUR/JPY's demand has slowed down after reaching 121.00. Hourly resistance can be located at 121.34 (10/02/2017 high). Strong resistance is given at a distance at 123.31 (27/01/2017 high). Expected to show further weakness.

In the longer term, the technical structure validates a medium-term succession of lower highs and lower lows. As a result, the resistance at 149.78 (08/12/2014 high) has likely marked the end of the rise that started in July 2012. Strong support at 94.12 (24/07/2012 low) looks nonetheless far away.

Daily Technical Report