Commodity Prices

Gold •249 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	966.20	-0.30	-0.03%
WTI Crude •10 mins	66.60	-0.44	-0.66%
Gasoline •10 mins	2.097	-0.012	-0.55%
Ethanol •249 days	2.161	+0.000	+0.00%
Silver •249 days	30.82	+1.16	+3.92%

Silver • 249 days	30.82	+1.16	+3.92%
Copper • 249 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	69.95	-0.41	-0.58%
Natural Gas • 10 mins	4.624	+0.225	+5.11%
Heating Oil • 10 mins	2.201	-0.015	-0.68%

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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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