Commodity Prices

Gold •14 mins	2,089.70	+32.50	+1.58%
Platinum •14 mins	936.10	+0.20	+0.02%
WTI Crude •21 hours	74.07	-1.89	-2.49%
Gasoline •21 hours	2.121	-0.055	-2.51%
Ethanol •19 hours	2.161	+0.000	+0.00%
Silver •14 mins	25.86	+0.20	+0.77%

Silver • 14 mins	25.86	+0.20	+0.77%
Copper • 14 mins	3.932	+0.081	+2.10%
Brent Crude • 20 hours	78.88	-1.98	-2.45%
Natural Gas • 21 hours	2.814	+0.012	+0.43%
Heating Oil • 21 hours	2.662	-0.093	-3.37%

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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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