Commodity Prices

Gold •462 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,693.40	-7.40	-0.44%
WTI Crude •11 mins	62.70	+0.15	+0.24%
Gasoline •11 mins	1.915	+0.005	+0.28%
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	66.40	+0.15	+0.23%
Natural Gas • 11 mins	3.311	-0.022	-0.66%
Heating Oil • 11 mins	2.294	+0.002	+0.10%

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USD/JPY - Continued Weakness

By - Jun 01, 2017, 8:01 AM CDT

USD/JPY has exited the symmetrical triangle and keeps pushing lower. Hourly support is given at 110.24 (18/05/2017 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). The road is wide-open for further decline.

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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