Commodity Prices

Gold •332 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,054.90	-24.50	-2.27%
WTI Crude •1 day	60.79	-0.15	-0.25%
Gasoline •1 day	2.015	-0.022	-1.08%
Ethanol •332 days	2.161	+0.000	+0.00%
Silver •332 days	30.82	+1.16	+3.92%

Silver • 332 days	30.82	+1.16	+3.92%
Copper • 332 days	4.530	+0.111	+2.51%
Brent Crude • 23 hours	62.78	-0.57	-0.90%
Natural Gas • 1 day	3.447	-0.075	-2.13%
Heating Oil • 1 day	2.005	-0.029	-1.42%

Headlines

716 days Will The ECB Continue To Hike Rates?
717 days Forbes: Aramco Remains Largest Company In The Middle East
718 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,118 days Could Crypto Overtake Traditional Investment?
1,123 days Americans Still Quitting Jobs At Record Pace
1,125 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,128 days Is The Dollar Too Strong?
1,128 days Big Tech Disappoints Investors on Earnings Calls
1,129 days Fear And Celebration On Twitter as Musk Takes The Reins
1,131 days China Is Quietly Trying To Distance Itself From Russia
1,131 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,135 days Crypto Investors Won Big In 2021
1,135 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,136 days Food Prices Are Skyrocketing As Putin’s War Persists
1,138 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,139 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,142 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,143 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,143 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,145 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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