Commodity Prices

Gold •15 mins	1,276.80	+2.60	+0.20%
Platinum •15 mins	797.10	-8.20	-1.02%
Bitcoin •1 min	7,601.25	-270.36	-3.43%
WTI Crude •11 mins	60.37	-1.05	-1.71%
Gasoline •11 mins	1.946	-0.022	-1.11%
Silver •15 mins	14.46	+0.01	+0.08%

Silver • 15 mins	14.46	+0.01	+0.08%
Copper • 15 mins	2.661	-0.017	-0.63%
Ethereum • 1 min	237.44	-17.15	-6.74%
Brent Crude • 11 mins	69.80	-1.19	-1.68%
Natural Gas • 10 mins	2.567	+0.008	+0.31%

Headlines

12 hours Hedge Funds Having A Banner Year
15 hours Disney Heiress Asks “Is There Such A Thing As Too Much?”
18 hours BHP Turns Bullish On EVs
20 hours Investors Turn Bullish On America’s Nuclear Decommissioning Business
1 day The $90M Inflatable Rabbit Redefining Modern Art
2 days Huawei’s Fate In The Air
2 days Tesla Slashes Prices Again
2 days The Modern History Of Financial Entropy
2 days Italy’s Central Bank Embraces Sustainable Investing
3 days Trump Lifts Metals Tariffs To Cool Simmering Trade War
3 days Researchers Push To Limit Space Mining
3 days Could China Start Dumping U.S. Treasury Bonds?
3 days Is Winter Coming For HBO?
4 days Rise Of EVs Signals Peak Gasoline
4 days Jeff Bezos Doubles Down On Space Colonization Ambitions
5 days Gold Mining Stocks Stuck In Limbo
5 days Executive Order Targets Huawei Over Espionage
6 days Why Now May Be The Best Time Ever To Hold Gold
6 days Fake News Sinks Shares In UK-Based Bank
7 days De Beers To Build $468 Million Diamond Recovery Ship

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Trader Compares Current Market Environment To 2007

It’s a mistake to view…

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