Commodity Prices

Gold •777 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,808.80	-1.70	-0.09%
WTI Crude •11 mins	85.73	+1.34	+1.59%
Gasoline •12 mins	3.220	-0.035	-1.07%
Ethanol •777 days	2.161	+0.000	+0.00%
Silver •777 days	30.82	+1.16	+3.92%

Silver • 777 days	30.82	+1.16	+3.92%
Copper • 777 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	93.05	+1.43	+1.56%
Natural Gas • 11 mins	2.751	-0.063	-2.24%
Heating Oil • 12 mins	4.430	-0.022	-0.50%

Headlines

1,162 days Will The ECB Continue To Hike Rates?
1,162 days Forbes: Aramco Remains Largest Company In The Middle East
1,164 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,564 days Could Crypto Overtake Traditional Investment?
1,568 days Americans Still Quitting Jobs At Record Pace
1,570 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,573 days Is The Dollar Too Strong?
1,574 days Big Tech Disappoints Investors on Earnings Calls
1,575 days Fear And Celebration On Twitter as Musk Takes The Reins
1,576 days China Is Quietly Trying To Distance Itself From Russia
1,577 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,581 days Crypto Investors Won Big In 2021
1,581 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,582 days Food Prices Are Skyrocketing As Putin’s War Persists
1,584 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,584 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,588 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,588 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,589 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,591 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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

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.

Daily Technical Report