Commodity Prices

Gold •176 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	962.10	-3.00	-0.31%
WTI Crude •10 mins	69.58	-0.04	-0.06%
Gasoline •12 mins	1.943	-0.003	-0.13%
Ethanol •176 days	2.161	+0.000	+0.00%
Silver •176 days	30.82	+1.16	+3.92%

Silver • 176 days	30.82	+1.16	+3.92%
Copper • 176 days	4.530	+0.111	+2.51%
Brent Crude • 13 mins	73.18	-0.08	-0.11%
Natural Gas • 1 hour	3.718	+0.003	+0.08%
Heating Oil • 25 mins	2.203	-0.003	-0.12%

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EUR/JPY - Consolidating Around 5-Month High

By - May 08, 2017, 6:15 AM CDT

EUR/JPY's buying pressures are there. Strong resistance standing at 124.10 (15/12/2016 low) has been broken. Major support is given at 114.90 (18/04/2017low). Expected to see further renewed buying pressures towards 125.00.

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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