Commodity Prices

Gold •470 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,736.10	-19.00	-1.08%
WTI Crude •11 mins	57.28	-0.18	-0.31%
Gasoline •12 mins	1.807	-0.005	-0.25%
Ethanol •470 days	2.161	+0.000	+0.00%
Silver •470 days	30.82	+1.16	+3.92%

Silver • 470 days	30.82	+1.16	+3.92%
Copper • 470 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	60.88	-0.18	-0.29%
Natural Gas • 11 mins	2.901	-0.037	-1.26%
Heating Oil • 12 mins	2.146	-0.008	-0.37%

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USD/JPY – Renewed Bearish Pressures

By - Jun 06, 2017, 6:57 AM CDT

USD/JPY is trading lower. Hourly support has been broken at 110.24 (18/05/2017 low). Hourly resistance is given at 112.13 (24/05/2017 high). Stronger support is located at 108.13 (17/04/2017 low). Other key supports lie at a distance 106.04 (11/11/2016 low).

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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