Commodity Prices

Gold •658 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,020.90	-67.20	-3.22%
WTI Crude •11 mins	93.89	+0.93	+1.00%
Gasoline •12 mins	3.349	-0.009	-0.28%
Ethanol •658 days	2.161	+0.000	+0.00%
Silver •658 days	30.82	+1.16	+3.92%

Silver • 658 days	30.82	+1.16	+3.92%
Copper • 658 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	102.78	+0.87	+0.85%
Natural Gas • 11 mins	2.727	+0.005	+0.18%
Heating Oil • 16 mins	3.938	-0.000	-0.01%

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USD/JPY - Ready For Another Leg Lower

By - Mar 23, 2017, 6:08 AM CDT

USD/JPY has failed to break key resistance given at 115.62 (19/01/2016 high) confirming persistent selling pressures. The pair has broken strong support at 111.36 (28/11/2016 low). Hourly resistance can be located at 113.57 (16/03/2017 high).

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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