Commodity Prices

Gold •10 mins	1,312.30	+5.00	+0.38%
Platinum •10 mins	848.40	-12.70	-1.47%
Bitcoin •1 min	3,986.28	-1.12	-0.03%
WTI Crude •14 hours	59.04	-0.94	-1.57%
Gasoline •14 hours	1.890	-0.004	-0.21%
Silver •10 mins	15.41	-0.03	-0.19%

Silver • 10 mins	15.41	-0.03	-0.19%
Copper • 10 mins	2.843	-0.064	-2.19%
Ethereum • 1 min	137.07	+1.19	+0.87%
Brent Crude • 14 hours	66.75	-0.92	-1.36%
Natural Gas • 14 hours	2.767	-0.060	-2.12%

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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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