Commodity Prices

Gold •10 mins	1,844.90	+3.80	+0.21%
Platinum •10 mins	1,061.80	+23.20	+2.23%
WTI Crude •11 mins	46.30	+0.66	+1.45%
Gasoline •11 mins	1.277	+0.015	+1.20%
Ethanol •10 hours	1.320	-0.020	-1.49%
Silver •10 mins	24.41	+0.27	+1.11%

Silver • 10 mins	24.41	+0.27	+1.11%
Copper • 10 mins	3.527	+0.036	+1.03%
Brent Crude • 11 mins	49.44	+0.73	+1.50%
Natural Gas • 11 mins	2.487	-0.020	-0.80%
Heating Oil • 11 mins	1.409	+0.016	+1.12%

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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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