Commodity Prices

Gold •462 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,693.00	-7.80	-0.46%
WTI Crude •11 mins	62.67	+0.12	+0.19%
Gasoline •11 mins	1.915	+0.005	+0.26%
Ethanol •462 days	2.161	+0.000	+0.00%
Silver •462 days	30.82	+1.16	+3.92%

Silver • 462 days	30.82	+1.16	+3.92%
Copper • 462 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	66.37	+0.12	+0.18%
Natural Gas • 11 mins	3.312	-0.021	-0.63%
Heating Oil • 14 mins	2.293	+0.001	+0.06%

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EUR/JPY - Fading Momentum

By - May 24, 2017, 6:10 AM CDT

EUR/JPY is trading slightly higher. Hourly support is given at 122.56 (18/05/2017 low). Major support is given at 114.90 (18/04/2017low). Expected to see further renewed buying pressures towards 126.00.

n 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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