Commodity Prices

Gold •15 mins	2,395.50	+7.10	+0.30%
Platinum •15 mins	949.90	-4.30	-0.45%
WTI Crude •11 mins	82.83	+0.14	+0.17%
Gasoline •11 mins	2.719	-0.010	-0.36%
Ethanol •38 mins	2.161	+0.000	+0.00%
Silver •15 mins	28.31	-0.09	-0.32%

Silver • 15 mins	28.31	-0.09	-0.32%
Copper • 15 mins	4.422	+0.083	+1.90%
Brent Crude • 11 mins	87.20	-0.09	-0.10%
Natural Gas • 11 mins	1.751	+0.039	+2.28%
Heating Oil • 11 mins	2.539	-0.036	-1.39%

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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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