Commodity Prices

Gold •474 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,592.30	-59.90	-3.63%
WTI Crude •35 mins	58.06	+0.54	+0.94%
Gasoline •13 mins	1.833	+0.003	+0.15%
Ethanol •474 days	2.161	+0.000	+0.00%
Silver •474 days	30.82	+1.16	+3.92%

Silver • 474 days	30.82	+1.16	+3.92%
Copper • 474 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	61.30	+0.29	+0.48%
Natural Gas • 11 mins	3.490	+0.093	+2.74%
Heating Oil • 11 mins	2.200	+0.007	+0.34%

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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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