Commodity Prices

Gold •295 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	978.90	-1.40	-0.14%
WTI Crude •11 mins	62.84	+0.05	+0.08%
Gasoline •11 mins	2.112	+0.006	+0.29%
Ethanol •295 days	2.161	+0.000	+0.00%
Silver •295 days	30.82	+1.16	+3.92%

Silver • 295 days	30.82	+1.16	+3.92%
Copper • 295 days	4.530	+0.111	+2.51%
Brent Crude • 45 mins	66.55	+0.43	+0.65%
Natural Gas • 10 mins	2.924	-0.006	-0.20%
Heating Oil • 25 mins	2.151	+0.008	+0.36%

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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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