Commodity Prices

Gold •309 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	984.60	+5.10	+0.52%
WTI Crude •10 mins	60.28	+0.37	+0.62%
Gasoline •12 mins	2.091	+0.006	+0.26%
Ethanol •309 days	2.161	+0.000	+0.00%
Silver •309 days	30.82	+1.16	+3.92%

Silver • 309 days	30.82	+1.16	+3.92%
Copper • 309 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	63.19	+0.35	+0.56%
Natural Gas • 14 mins	3.629	+0.037	+1.03%
Heating Oil • 10 mins	2.053	+0.013	+0.62%

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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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