Commodity Prices

Gold •15 mins	1,956.80	+3.00	+0.15%
Platinum •15 mins	972.50	-10.00	-1.02%
WTI Crude •10 mins	73.18	+0.37	+0.51%
Gasoline •38 mins	2.676	-0.008	-0.30%
Ethanol •13 hours	2.161	+0.000	+0.00%
Silver •15 mins	23.14	-0.01	-0.02%

Silver • 15 mins	23.14	-0.01	-0.02%
Copper • 15 mins	4.070	-0.009	-0.22%
Brent Crude • 10 mins	78.49	+0.37	+0.47%
Natural Gas • 11 mins	2.065	-0.023	-1.10%
Heating Oil • 11 mins	2.772	+0.002	+0.06%

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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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