Commodity Prices

Gold •365 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,392.60	+10.50	+0.76%
WTI Crude •10 mins	66.83	-0.17	-0.25%
Gasoline •10 mins	2.110	-0.008	-0.40%
Ethanol •365 days	2.161	+0.000	+0.00%
Silver •365 days	30.82	+1.16	+3.92%

Silver • 365 days	30.82	+1.16	+3.92%
Copper • 365 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.52	-0.28	-0.41%
Natural Gas • 10 mins	3.408	-0.001	-0.03%
Heating Oil • 23 mins	2.354	-0.016	-0.68%

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USD/JPY - Ready To Bounce Back Higher

By - May 12, 2017, 7:20 AM CDT

USD/JPY is pushing higher since the pair broke resistance given at 112.20 (31/03/2017 high). Hourly support can be found at 113.86 (11/05/2017 low). Stronger support is located at 108.13 (17/04/2017 low). Other key supports lie at a distant 106.04 (11/11/2016 low). Expected to show continued bullish pressures.

We favor a long-term bearish bias. Support is now given at 96.57 (10/08/2013 low). A gradual rise towards the major resistance at 135.15 (01/02/2002 high) seems absolutely unlikely. Expected to decline further support at 93.79 (13/06/2013 low).

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