Commodity Prices

Gold •15 mins	2,339.60	+1.20	+0.05%
Platinum •15 mins	918.30	+2.50	+0.27%
WTI Crude •10 mins	82.57	-0.24	-0.29%
Gasoline •10 mins	2.727	-0.007	-0.27%
Ethanol •19 hours	2.161	+0.000	+0.00%
Silver •15 mins	27.34	-0.01	-0.04%

Silver • 15 mins	27.34	-0.01	-0.04%
Copper • 15 mins	4.537	+0.051	+1.13%
Brent Crude • 10 mins	87.95	-0.07	-0.08%
Natural Gas • 10 mins	1.643	-0.010	-0.60%
Heating Oil • 10 mins	2.529	-0.021	-0.81%

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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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