Commodity Prices

Gold •15 mins	1,414.40	+0.90	+0.06%
Platinum •15 mins	854.50	+9.30	+1.10%
Bitcoin •1 min	10,468.71	+305.66	+3.01%
WTI Crude •11 mins	59.87	+0.29	+0.49%
Gasoline •10 mins	1.892	+0.006	+0.30%
Silver •15 mins	15.58	+0.22	+1.40%

Silver • 15 mins	15.58	+0.22	+1.40%
Copper • 15 mins	2.716	+0.005	+0.18%
Ethereum • 1 min	217.08	-5.36	-2.41%
Brent Crude • 11 mins	66.76	+0.28	+0.42%
Natural Gas • 10 mins	2.315	-0.071	-2.98%

Headlines

16 hours Tech Billionaire Takes Aim At Google
18 hours Chinese Police Bust Largest Ever Illicit Crypto Mining Operation
21 hours Expect A Pullback Before Gold's Next Major Rally
23 hours Why Interest On Gold Matters
2 days Ten Extravagant Food Items For The Wealthy Only
2 days Why Saudi Arabia Won't Give Up On The Aramco IPO
3 days $32 Million Crypto Heist Halts Tokyo Exchange
3 days Is A Gold Selloff Looming?
4 days Central Banks Are Stashing Gold And Dumping Treasuries
4 days Three Cannabis Trends Flying Under Investors’ Radars
5 days $1.3 Billion In Cocaine Found On JPMorgan Vessel
5 days Amazon Teams Up With Lady Gaga To Win Over Generation Z
5 days Dollar Falls As Powell Teases Rate Cuts
5 days Will The World's First Trillion Dollar Company Ever Bounce Back?
6 days Many Americans Will Never Stop Working
6 days Mozilla vs DarkMatter: The Cyber Espionage End Game
6 days Chile Cracks Down On Environmental Infractions
6 days Warning Signs Emerge For Boeing
7 days First Amendment Stands Strong In Trump vs. Twitter Showdown
7 days Musk Bullish On Tesla Despite Executive Exodus

Trader Compares Current Market Environment To 2007

It’s a mistake to view…

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

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).

Daily Technical Report