Commodity Prices

Gold •20 mins	1,968.60	-15.20	-0.77%
Platinum •20 mins	978.40	-11.90	-1.20%
WTI Crude •10 mins	69.63	+0.37	+0.53%
Gasoline •10 mins	2.579	-0.010	-0.38%
Ethanol •2 days	2.161	+0.000	+0.00%
Silver •20 mins	23.17	-0.17	-0.75%

Silver • 20 mins	23.17	-0.17	-0.75%
Copper • 20 mins	4.044	-0.031	-0.76%
Brent Crude • 10 mins	75.38	+0.39	+0.52%
Natural Gas • 11 mins	2.106	-0.110	-4.96%
Heating Oil • 13 mins	2.691	-0.004	-0.16%

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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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