Commodity Prices

Gold •10 mins	1,672.00	+3.40	+0.20%
Platinum •10 mins	859.10	-1.10	-0.13%
WTI Crude •13 hours	79.49	-1.74	-2.14%
Gasoline •13 hours	2.370	-0.033	-1.37%
Ethanol •13 hours	2.161	+0.000	+0.00%
Silver •10 mins	19.04	+0.33	+1.75%

Silver • 10 mins	19.04	+0.33	+1.75%
Copper • 10 mins	3.413	-0.006	-0.16%
Brent Crude • 12 hours	85.14	-2.04	-2.34%
Natural Gas • 13 hours	6.766	-0.108	-1.57%
Heating Oil • 13 hours	3.222	-0.074	-2.23%

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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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