Commodity Prices

Gold •686 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,942.60	-17.00	-0.87%
WTI Crude •11 mins	99.32	+1.06	+1.08%
Gasoline •18 mins	3.491	+0.003	+0.09%
Ethanol •686 days	2.161	+0.000	+0.00%
Silver •686 days	30.82	+1.16	+3.92%

Silver • 686 days	30.82	+1.16	+3.92%
Copper • 686 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	106.19	+1.17	+1.11%
Natural Gas • 11 mins	3.036	+0.032	+1.07%
Heating Oil • 13 mins	3.946	-0.001	-0.03%

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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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