Commodity Prices

Gold •15 mins	1,997.70	+13.20	+0.67%
Platinum •15 mins	996.90	+19.50	+2.00%
WTI Crude •25 mins	74.37	+1.40	+1.92%
Gasoline •26 mins	2.661	-0.007	-0.25%
Ethanol •24 mins	2.161	+0.000	+0.00%
Silver •15 mins	23.99	+0.52	+2.23%

Silver • 15 mins	23.99	+0.52	+2.23%
Copper • 15 mins	4.092	+0.005	+0.12%
Brent Crude • 25 mins	79.22	+0.94	+1.20%
Natural Gas • 25 mins	2.104	-0.080	-3.66%
Heating Oil • 33 mins	2.624	-0.034	-1.29%

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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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