Commodity Prices

Gold •15 mins	1,184.20	+0.20	+0.02%
Platinum •15 mins	777.30	-7.20	-0.92%
Bitcoin •1 min	6,553.88	+251.41	+3.99%
WTI Crude •3 hours	65.91	+0.45	+0.69%
Gasoline •3 hours	1.884	-0.001	-0.06%
Silver •15 mins	14.63	-0.08	-0.56%

Silver • 15 mins	14.63	-0.08	-0.56%
Copper • 15 mins	2.629	+0.013	+0.48%
Ethereum • 1 min	315.78	+29.20	+10.19%
Brent Crude • 3 hours	71.83	+0.40	+0.56%
Natural Gas • 3 hours	2.946	+0.038	+1.31%

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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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