Commodity Prices

Gold •670 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,991.60	+30.10	+1.53%
WTI Crude •11 mins	103.39	-3.03	-2.85%
Gasoline •11 mins	3.666	-0.072	-1.93%
Ethanol •670 days	2.161	+0.000	+0.00%
Silver •670 days	30.82	+1.16	+3.92%

Silver • 670 days	30.82	+1.16	+3.92%
Copper • 670 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	112.25	-2.19	-1.91%
Natural Gas • 11 mins	2.822	-0.045	-1.57%
Heating Oil • 11 mins	4.017	-0.057	-1.39%

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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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