Commodity Prices

Gold •687 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,961.70	-3.10	-0.16%
WTI Crude •11 mins	97.51	+1.16	+1.20%
Gasoline •13 mins	3.428	+0.048	+1.42%
Ethanol •687 days	2.161	+0.000	+0.00%
Silver •687 days	30.82	+1.16	+3.92%

Silver • 687 days	30.82	+1.16	+3.92%
Copper • 687 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	104.22	+1.64	+1.60%
Natural Gas • 13 mins	2.994	-0.024	-0.80%
Heating Oil • 21 mins	3.871	+0.039	+1.03%

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EUR/JPY - Continued Bearish Pressures

By - Mar 27, 2017, 6:24 AM CDT

EUR/JPY rejection at 122.88 has triggered a correction. The pair is also very volatile. Hourly support can be found at 119.33 (23/03/2017 low). Resistance stands at 122.88 (13/03/0217 high). Expected to show continued weakness.

In the longer term, the technical structure validates a medium-term succession of lower highs and lower lows. As a result, the resistance at 149.78 (08/12/2014 high) has likely marked the end of the rise that started in July 2012. Strong support at 94.12 (24/07/2012 low) looks nonetheless far away.

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