Commodity Prices

Gold •267 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,001.60	+1.00	+0.10%
WTI Crude •10 mins	69.82	-0.10	-0.14%
Gasoline •10 mins	2.243	-0.003	-0.15%
Ethanol •267 days	2.161	+0.000	+0.00%
Silver •267 days	30.82	+1.16	+3.92%

Silver • 267 days	30.82	+1.16	+3.92%
Copper • 267 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.92	-0.11	-0.15%
Natural Gas • 10 mins	3.892	-0.033	-0.84%
Heating Oil • 18 mins	2.280	-0.004	-0.19%

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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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